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    6869 Lenox Ave Jacksonville, FL 32205

    For Sale
    Contact for pricing

    23.96 acres with permits for 390 multifamily units.

    Property size:
    23 SF
    Lot size:
    23.96 Acres

    Property Features for 6869 Lenox Ave

    General Information

    Zoning
    CCG-1
    Size
    23 SF
    Lot size
    23.96 Acres

    Source: Eugene Stiltner Agent Eugene Stiltner

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multifamily Development Site Available

    This 23.96-acre development site is permitted for 390 multifamily units, with an approved site plan. It offers immediate access to Normandy Blvd, a rapidly growing corridor in Duval County, and multiple access points to both Normandy Blvd and Lenox Avenue. The property is located in close proximity to Cecil Commerce Center, which has recently seen a $185 million investment from Boeing. The Cecil Spaceport, one of only two in Florida, is also nearby. According to provided information, there have been no new multifamily developments within a 5-mile radius for the past decade. The Cosentino Group is planning to build a $270 million facility in Phase I of a 330-acre megasite at Cecil Commerce Center.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Duval
    State
    Florida
    Longitude
    -81.7591757
    Latitude
    30.30022

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    FAQs

    What type of property is this?
    Land - 23.96 acres with permits for 390 multifamily units.
    Where is this land located?
    The property is located at 6869 Lenox Ave Jacksonville, FL.
    What are key features of this property?
    This property features: - 390 multifamily units permitted and site plan approved.; - Immediate access to Normandy Blvd, a fast-growing corridor.; - No new multifamily developments within a 5-mile radius for the past decade.
    (904) 404-1151
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6869 Lenox Ave Jacksonville, FL 32205
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