JEA Acquires Development Site In Jacksonville For $2.45M
225 North Pearl Street
Development Site
40,000 SF
40,000 SF
Sold 1 year ago
Summary
JEA, represented by Jay Stowe, has purchased a development site located at 225 N Pearl St in Jacksonville. The seller of the property is LaVilla Partners III LLLP. The transaction took place on March 18, 2021, for a total price of $2,450,000. The development site has a building square footage of 40,000, resulting in a price per square foot of $61. The property spans across 2.27 acres, with a price per acre of $1,079,295.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $2,450,000
- Building Square Footage: 40,000
- Price per Square Foot: $61
- Land Size: 2.27 acres
- Price per Acre: $1,079,295
Jay Stowe, representing JEA, played a key role as the buyer in this transaction. LaVilla Partners III LLLP acted as the seller. Through this deal, JEA has acquired a valuable development site in Jacksonville.
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225 North Pearl Street
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