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    10250 404 Jacksonville, FL 32221

    For Sale
    $65,000

    Jacksonville Office Building - Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional investment opportunity presents four contiguous vacant office lots totaling an appraised value exceeding $100,000, yet offered at a compelling asking price of $65,000. Located within the established Herlong Commons office park at 10250 Normandy Blvd, Units 401, 402, 403, and 404 in Jacksonville, Florida (zip code 32221), this property offers unparalleled potential for new construction. The site provides a blank canvas for developers to create custom office space, perfectly suited for businesses seeking a prominent presence in a thriving commercial area. Construction must adhere to the Herlong Commons building uniform code, ensuring a consistent and professional aesthetic throughout the park. Built in 2006, Herlong Commons benefits from its strategic location, offering easy access to major transportation routes and amenities. This is a rare chance to acquire valuable commercial real estate in a highly desirable Jacksonville location, presenting a significant return on investment. The property is classified as Traditional Office space, making it ideal for a variety of business types. Don't miss this chance to build your dream office space in a well-established and reputable commercial park. The property is ready for immediate development.

    Property Features for 10250 404

    General Information

    Property type
    Office Properties & Spaces

    Building Details

    Year Built
    2006

    HighLights

    • Four contiguous vacant office lots in Herlong Commons, Jacksonville, FL.
    • Appraised value exceeds $100,000; asking price: $65,000.
    • Located at 10250 Normandy Blvd, Units 401‑404, Jacksonville, FL 32221.
    • Ideal for new office construction; must adhere to Herlong Commons building code.
    • Excellent location with easy access to major transportation and amenities.
    • Traditional office space, ready for immediate development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Jacksonville
    County
    DUVAL
    State
    Florida
    Longitude
    -81.829010172311
    Latitude
    30.275154900542

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    FAQs

    What type of property is this?
    Office Property / Space - Jacksonville Office Building - Prime Location
    Where is this office property / space located?
    The property is located at 10250 404 Jacksonville, FL.
    What is the asking price?
    The asking price for this property is $65,000.
    What are key features of this property?
    This property features: Four contiguous vacant office lots in Herlong Commons, Jacksonville, FL.; Appraised value exceeds $100,000; asking price: $65,000.; Located at 10250 Normandy Blvd, Units 401-404, Jacksonville, FL 32221.
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    10250 404 Jacksonville, FL 32221
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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
    10250 404 Jacksonville, FL 32221
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