Updated Nov 24, 2023
Elias Hionides Sells Industrial Property In Jacksonville For $1.8M
937 N Main St, Jacksonville, Florida 32206, United States
$1,800,000
$39,130/SF
Building Size
46 SF
Asset Type
Industrial
Closing
Dec 13, 2022
About this deal
AI
Located at 937 N Main Street in Jacksonville, this industrial property was recently sold for $1,800,000. The asset spans over 46,512 square feet, resulting in a price per square foot of $39. The transaction took place on December 13, 2022.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $1,800,000
- Address: 937 N Main Street
- Market: Jacksonville
Petra Jax, representing Elias Hionides, served as the broker in this sale. Their expertise played an instrumental role in closing this deal.
The industrial sale at 937 N Main St, Jacksonville, Florida 32206, United States in Jacksonville, Florida sold for $1.8M in 2022. The building is 46 square feet, implying about 39.1K per square foot on the published price. This page is the Jacksonville, Florida file for the 937 N Main St, Jacksonville, Florida 32206, United States industrial sold: pricing, party profiles, and other closed industrial comps from the same Jacksonville sit in the Market section below. Filter that Jacksonville industrial set by closing date to see what else sold near 937 N Main St, Jacksonville, Florida 32206, United States around 2022. Published consideration for 937 N Main St, Jacksonville, Florida 32206, United States is $1.8M, dated 2022. Cite this Elias Hionides Sells Industrial Property In Jacksonville For $1.8M sale when underwriting similar industrial product around Jacksonville, Florida.
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Jacksonville Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.81%
Cash-on-Cash
-2.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93