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    1547 Edgewood Ave Jacksonville, FL 32208

    For Sale
    $299,000

    Prime Location, Excellent Condition, Ready to Occupy

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional commercial property, located at 1547 EDGEWOOD Avenue W in Jacksonville, Florida, presents a compelling investment opportunity. The property, built in 1948, boasts a generous 5,662.8 square foot lot and is classified as both office and land. The asking price is $299,000. Situated in the desirable 32208 zip code of Duval County, this property offers convenient access to key areas within Jacksonville. The building itself is in excellent condition and is ready for immediate occupancy, eliminating the need for extensive renovations or repairs. Its versatile nature makes it suitable for a variety of commercial uses, providing potential buyers with significant flexibility. The property's prime location and excellent condition combine to create a rare opportunity for investors seeking a strong return on their investment. The substantial lot size also offers potential for future expansion or development, adding further value to this already attractive offering. This is a must-see property for discerning investors seeking a well-maintained, conveniently located commercial space in a thriving Jacksonville neighborhood. Detailed property information and legal descriptions are available upon request.

    Property Features for 1547 Edgewood Ave

    General Information

    Property type
    Land

    Building Details

    Year Built
    1948

    HighLights

    • $299,000 asking price.
    • Office and land property.
    • 1948 construction.
    • 5,662.8 sq ft lot.
    • Located at 1547 EDGEWOOD Avenue W, Jacksonville, FL 32208.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Florida Bonds & Insurance Insurance Agency

    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
    -81.6826011
    Latitude
    30.389368

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    FAQs

    What type of property is this?
    Land - Prime Location, Excellent Condition, Ready to Occupy
    Where is this land located?
    The property is located at 1547 Edgewood Ave Jacksonville, FL.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: $299,000 asking price.; Office and land property.; 1948 construction.
    Request Owner's contact information
    1547 Edgewood Ave Jacksonville, FL 32208
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    Jacksonville, FL 32208
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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
    1547 Edgewood Ave Jacksonville, FL 32208
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