Top commercial sales of the week

Here are the top 10 commercial real estate sales in Northeast Florida, comprising Baker, Clay, Duval, Nassau and St. Johns counties. The sales were recorded July 15-19.


  • By Scott Sailer
  • | 5:10 a.m. July 25, 2019
  • | 5 Free Articles Remaining!
Deerfield Apartments at 1171 Lane Ave. S. sold for $22.25 million, a 109% increase over the previous sale price of $10.65 million in 2013.
Deerfield Apartments at 1171 Lane Ave. S. sold for $22.25 million, a 109% increase over the previous sale price of $10.65 million in 2013.
  • Real Estate
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$22,250,000

1171 Lane Ave. S. and Lenox Avenue, Jacksonville, Duval County

Type: Deerfield Apartments

Size: 25.36 acres

Buyer: Deerfield Interwest Holdings LLC, Deerfield MBFT LLC and  Deerfield JS LLC

Seller: Deerfield Jacksonville LLC

Previous sale: $10,650,000 in 2013

$20,100,000

10501 Cold Storage Road, Jacksonville, Duval County

Type: Cra-Z-Art

Size: Not available

Buyer: SL Cold Storage Road LLC and SL Cold Storage Road II LLC

Seller: JI Imeson Industrial 300 LLC

$9,176,000

1845 Town Center Blvd., Fleming Island, Clay County

Type: Fleming Island Business Park Phase I

Size: 7 acres

Buyer: RLFED Fleming LLC

Seller: Interra Sky Fleming Island LLC

$5,527,600

Hidden Oaks Lane, Jacksonville, Duval County

Type: 42 single-family lots

Size: Not available

Buyer: Bluff Runners FLA LLC

Seller: Waterside at San Pablo LLC

$2,850,000

Airport Road, Jacksonville, Duval County

Type: Future Tru by Hilton and TownPlace Suites hotels

Size: 2.95 acres

Buyer: Inn of JAX LLC

Seller: RSAS LLC and USA Express Inc.

Previous sale: $975,000 in 2005

$2,735,000

8016 Arlington Expressway, Jacksonville, Duval County

Type: Kings Inn

Size: 4.39 acres

Buyer: Fort Seven LLC

Seller: Shriji Bless LLC

Previous sale: $2,120,000 in 2008

$2,550,000

1077 Airport Road, Jacksonville, Duval County

Type: Best Airport Inn

Size: 5.04 acres

Buyer: RORE Airport Hotel LLC

Seller: Radhe Hotel 294 Inc.

Previous sale: $815,000 in 2014

$2,300,000

22 W. 38th St., Jacksonville, Duval County

Type: 22 W. 38th St. 22-30 Apartments

Size: 2.43 acres

Buyer: Radley Capital Investments LLC

Seller: 24 Jacksonville LLC

Previous sale: $1,815,000 in 2018

$1,760,000

830 Lasalle St., Jacksonville, Duval County

Type: Harbor View Apartments

Size: 0.78 acres

Buyer: Harbor View Holdings LLC

Seller: RNMB Investments LLC

Previous sale: $1,500,000 in 2003

$1,650,000

225 W. Davis Industrial Drive, St. Augustine, St. Johns County

Type: Warehouse

Size: 1.5 acres

Buyer: Endorphin Farms Inc.

Seller: Outley Enterprises LLC

Previous sale: $1,300,000 in 2015

 

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