Updated Dec 4, 2024
PEBB Enterprises Acquires Development Site In Jacksonville For $2.7M
855 County Rd 210, St Johns, Fl 32259, Usa
$2,700,000
$45/SF
Building Size
58,900 SF
Asset Type
Development Site
Closing
Jul 19, 2020
About this deal
AI
A development site located at 855 County Road 210 West in Jacksonville has been sold for $2,700,000. The property spans 58,900 BSF (Buildable Square Feet) at a price of $46 per PPBSF (Price Per Buildable Square Foot).
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: $2,700,000
- Buildable Square Feet: 58,900
- Price Per Buildable Square Foot: $46
- Address: 855 County Road 210 West, Jacksonville
The buyer of the property is PEBB Enterprises, represented by Ian Weiner. The seller in this transaction is Twin Creeks Development.
Players
Saint Johns Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.88%
Cash-on-Cash
-1.68%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93