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29062903
29062902

Lane Ave S, Jacksonville, FL 32254 For Sale

SM
FL FL SL3517036
Florida Homes Realty and Mortgage
Listed by Florida Homes Realty and Mortgage
$5,000,000
114 days on market
Updated 11 days ago

Jax Inn

Details
Property Type Hospitality
Sub Type Motel
Square Footage 17,509
Keys 76
Cap Rate 28%
NOI $1,400,000
Price per SqFt $286
Zoning CCG-1
Investment Type Redevelopment

Investment Opportunity

Marketing description

The Jax Inn presents a compelling opportunity to acquire a well-maintained, income-producing independent hotel in one of Jacksonville’s most accessible commercial corridors. This 73-key, two-story hotel spans approximately 34,623 square feet and is situated on an expansive 2.48-acre parcel, offering ample parking and future operational flexibility.

Strategically positioned just off the highly trafficked I-10 and I-295 interchange, the property benefits from exceptional regional connectivity and visibility. The surrounding area is a dense retail and commercial hub anchored by major national brands, including Publix, Walmart, Home Depot, Lowe’s, CVS, McDonald’s, and other daily-needs drivers that support consistent lodging demand.

Originally constructed in 1973 and renovated in 2005, the hotel features exterior corridor access, a large outdoor swimming pool with lounge area, patio space, high-speed internet, and public Wi-Fi. The generous site layout accommodates both passenger vehicles and oversized parking, a key advantage for transient and extended-stay guests.

Zoned CCG-1 (General Commercial District) and offered fee simple, the property provides a clear path for repositioning, operational optimization, or future national brand conversion. Jacksonville remains a strong hospitality market, drawing approximately 58,000 daily visitors and nearly $3.8 billion in annual tourism spending within Duval County.

This offering is well-suited for investors seeking immediate cash flow with long-term upside through branding, renovation, or improved management in a growing Florida market.

Investment highlights

• 76-key, income-producing independent hotel
• 34,623 SF, two-story exterior corridor property
• Located just off I-10 and I-295 with strong regional access
• Large 2.48-acre site with ample parking
• Surrounded by major national retailers and commercial demand drivers
• Outdoor pool, patio, and guest amenities
• Built in 1973, renovated in 2005
• Zoned CCG-1 (General Commercial)
• Fee simple ownership
• Value-add and future branding potential
• Strong Jacksonville tourism and travel market
• Offered as an auction sale opportunity

Listing Contacts

SM
FL FL SL3517036
Florida Homes Realty and Mortgage
Listed by Florida Homes Realty and Mortgage

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$1,400,000.00
$116,666.67/mo

Valuation Metrics

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DSCR
28%
Cap Rate
28%
ROI

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Additional Information

Name
Stavros Adonis Mallios
License
FL SL3517036
Brokerage Phone
2014219504
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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