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    2926 Leonid Rd Jacksonville, FL 32218

    Sponsored
    For Sale
    $85,000

    13,939 sq ft lot, great development potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 13,939 square foot lot at 2926 LEONID Road in Jacksonville, Florida, presents a unique mixed-use investment opportunity. The property, built in 1982, features a single-story structure and is zoned for both commercial and residential use. While the existing buildings on the property are not in good condition, their presence adds to the overall potential. The true value lies in the expansive lot size and its advantageous zoning. The property boasts existing infrastructure, including water, septic, and electrical connections, significantly reducing development costs and streamlining the process. This makes it ideal for a variety of projects, from storage facilities for boats and RVs to potential redevelopment into a new commercial or residential structure. The location in Duval County, Florida, with a zip code of 32218, offers convenient access to Jacksonville's amenities and transportation networks. The asking price is $85,000, representing a compelling entry point for investors seeking a high-return project with significant upside potential. This property is a blank canvas for a creative developer or investor looking to capitalize on its prime location and existing utilities.

    Property Features for 2926 Leonid Rd

    General Information

    Property type
    Office Properties & Spaces

    Building Details

    Year Built
    1982
    Stories
    1
    Units
    1

    HighLights

    • 13,939 SF lot in Jacksonville, FL.
    • Single‑story building on site (1982 construction, needs renovation).
    • Mixed‑use zoning (commercial & residential).
    • Existing utilities (water, septic, electric).
    • Asking price: $85,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    White Diamond Clothing Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Duval
    State
    Florida
    Longitude
    -81.6925006
    Latitude
    30.429523

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    FAQs

    What type of property is this?
    Office Property / Space - 13,939 sq ft lot, great development potential.
    Where is this office property / space located?
    The property is located at 2926 Leonid Rd Jacksonville, FL.
    What is the asking price?
    The asking price for this property is $85,000.
    What are key features of this property?
    This property features: 13,939 SF lot in Jacksonville, FL.; Single-story building on site (1982 construction, needs renovation).; Mixed-use zoning (commercial & residential).
    Request Owner's contact information
    2926 Leonid Rd Jacksonville, FL 32218
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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
    2926 Leonid Rd Jacksonville, FL 32218
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