Jacksonville, FL 32218 550 BALMORAL Circle N
$2,499,999
8 more
Presented By: ERIC MAIMO at COLDWELL BANKER PREMIER PROPERTIES - 904-392-5151
SQFT • 12,600
Home Details
The Busch Professional Office Pavilion Investment offers a rare opportunity in North Jacksonville's thriving Busch Drive Business Park. This low vacancy office complex features many brand-new 5-year leases across its office suites, ensuring stable and predictable income. Additionally, the property is undergoing a full conversion into office condominiums, further enhancing its long-term value and appeal to investors. This unique offering represents a strategic investment in a high-demand location with significant growth potential.
Presented By: ERIC MAIMO at COLDWELL BANKER PREMIER PROPERTIES - 904-392-5151
Interior Features for 550 BALMORAL Circle N
Bathrooms
Total Baths
Other Interior Features
Basement (Y/N)No
General for 550 BALMORAL Circle N
Additional Parcels Y/NNo
Attached Garage No
CityJacksonville
CountyDuval
Current UseCommercial, Investment, Office
DirectionsThis location offers easy access to the bustling I-95 highway. Specifically, it is located near the Dunn Avenue and Busch Drive exit, making it highly accessible for commuters and visitors alike.
Electric On Property Y/NNo
HOANo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lease TypeNNN
Legal Description41-41 49-1S-26E 2.071 BUSCH DRIVE BUSINESS PARK PT
Lot Size Square Feet94960.8
Lot Size UnitsAcres
MLS Area095-San Mateo/Eastport
MLS Area Minor095-San Mateo/Eastport
MobileHomeRemainsYNNo
ModificationTimestamp2025-03-31T15:10:02Z
Net Operating Income188762.4
New ConstructionNo
New Construction None
Number Of Units Total0
PossessionNegotiable
Property SubtypeOffice
Property TypeCommercial Sale
Rent Control Y/NNo
Senior Community Y/NNo
Standard StatusActive
StatusActive
Tax Annual Amount22351.26
Tax Year2023
UtilitiesSewer Available, Water Available
Waterfront Y/NNo
Year Built1988
Zoning DescriptionCommercial/Residential/Office
Exterior for 550 BALMORAL Circle N
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesOther
Lot Size Acres2.18
Lot Size Area2.18
Open Parking Y/NNo
Parking FeaturesUnassigned
SpaNo
Additional Details
Price History
Daymond Westergard, LLC
REALTOR®