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    2808 Edgewood Ave Jacksonville, FL 32254

    For Sale
    $519,900

    Acre+ Commercial Land, Two Units, High Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional mixed-use property, located at 2808 EDGEWOOD Avenue N in Jacksonville, Florida, presents a compelling investment opportunity. Situated on a substantial 47,916 square foot lot (over an acre), this property boasts a prime location within the 32254 zip code, offering significant development potential. The existing structure, built in 1946, features two units, providing immediate income potential or the possibility for renovation and expansion. The property's zoning is classified as CCG-2, according to tax records, which should be independently verified. The asking price is $519,900. This single-story building presents a rare chance to acquire a sizable commercial parcel in a thriving Jacksonville neighborhood. The expansive lot size allows for various development scenarios, from expanding the existing structure to constructing new buildings, subject to all necessary permits and approvals. Given its size, location, and zoning, this property is well-suited for a variety of commercial uses. Serious inquiries are encouraged to explore the full potential of this unique investment opportunity. Further due diligence is recommended to confirm all aspects of the property and its zoning regulations.

    Property Features for 2808 Edgewood Ave

    General Information

    Property type
    Land

    Building Details

    Year Built
    1946
    Stories
    1
    Units
    2

    HighLights

    • Exceptional mixed‑use property in Jacksonville, FL, on a 47,916 sq ft lot.
    • Prime location in 32254 zip code with significant development potential.
    • Two‑unit, single‑story building built in 1946, offering immediate income.
    • CCG‑2 zoning (verify independently); asking price $519,900.
    • Large lot size allows for expansion or new construction (permits required).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office 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
    -81.7314803
    Latitude
    30.3578046

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    FAQs

    What type of property is this?
    Land - Acre+ Commercial Land, Two Units, High Potential
    Where is this land located?
    The property is located at 2808 Edgewood Ave Jacksonville, FL.
    What is the asking price?
    The asking price for this property is $519,900.
    What are key features of this property?
    This property features: Exceptional mixed-use property in Jacksonville, FL, on a 47,916 sq ft lot.; Prime location in 32254 zip code with significant development potential.; Two-unit, single-story building built in 1946, offering immediate income.
    Request Owner's contact information
    2808 Edgewood 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
    2808 Edgewood Ave Jacksonville, FL 32254
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