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    5093 Commonwealth Ave Jacksonville, FL 32254

    For Lease
    Contact for pricing

    Outparcel opportunities available for ground lease or build to suit.

    Lot size:
    1.53 Acres

    Property Features for 5093 Commonwealth Ave

    General Information

    Lot size
    1.53 Acres

    Source: Lat Purser & Associates Inc Agent Kristen Nimnicht

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

    Overview

    Commercial Land in High-Traffic Area

    Located at the intersection of Edgewood Avenue and Commonwealth Avenue, the Commonwealth Shopping Center offers commercial land opportunities. The location provides close proximity to the I-10 and I-295 interchanges. Opportunities are available for ground lease or build to suit in outparcels. Current tenants of the shopping center include Dollar Tree, Rowe’s IGA, Hibbett Sporting Goods, Rent-A-Center, and Pizza Hut.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop 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
    -81.733128
    Latitude
    30.3366822

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    FAQs

    What type of property is this?
    Commercial land - Outparcel opportunities available for ground lease or build to suit.
    Where is this commercial land located?
    The property is located at 5093 Commonwealth Ave Jacksonville, FL.
    What are key features of this property?
    This property features: - High-traffic location at the intersection of Edgewood and Commonwealth Avenues; - Close proximity to I-10 and I-295 interchanges; - Opportunity to join established retailers Dollar Tree, Rowe’s IGA, Hibbett Sporting Goods, Rent-A-Center, and Pizza Hut
    (904) 448-5040
    Request Owner's contact information
    5093 Commonwealth Ave Jacksonville, FL 32254
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    Jacksonville, FL 32254
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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
    5093 Commonwealth Ave Jacksonville, FL 32254
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