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    7282 Commonwealth Ave Jacksonville, FL 32220

    For Sale
    $442,000

    Prime 4.3-acre commercial lot, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 4.3-acre commercial land parcel, located at 7282 Commonwealth Ave in Jacksonville, Florida (zip code 32220), presents a unique development opportunity. Zoned IH, this property boasts significant potential for construction, with plans allowing for up to a 30,000 square foot building. Conveniently situated just 6/10 of a mile west of I-295, providing excellent access and visibility. The lot features Commonwealth Avenue frontage, ensuring high traffic exposure. All utilities are readily available, including city water and city sewer, or the option of private lift stations. Development rights are already in place, streamlining the permitting process. The asking price is $442,000. The seller is open to considering build-to-suit options, making this an attractive proposition for developers seeking a flexible and strategically located site. This property is situated in Duval County and offers a compelling investment opportunity in a rapidly growing area of Jacksonville. Don't miss this chance to acquire a prime piece of commercial real estate with significant upside potential.

    Property Features for 7282 Commonwealth Ave

    General Information

    Property type
    Land
    Lot Size
    187,308 SF

    HighLights

    • Up to 30,000 square feet of building area possible.
    • City water and sewer available (private lift stations).
    • Development entitlements in place.
    • Conveniently located 0.6 miles west of I‑295.
    • Commonwealth Avenue frontage.
    • Build‑to‑suit options available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    GO Pull-It - Junkyard ... Junkyard Studio 9 Beauty Salon

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Hair Salon Wholesale Shop 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
    -81.7696863
    Latitude
    30.3372686

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    FAQs

    What type of property is this?
    Land - Prime 4.3-acre commercial lot, ideal for development.
    Where is this land located?
    The property is located at 7282 Commonwealth Ave Jacksonville, FL.
    What is the asking price?
    The asking price for this property is $442,000.
    What are key features of this property?
    This property features: Up to 30,000 square feet of building area possible.; City water and sewer available (private lift stations).; Development entitlements in place.
    Request Owner's contact information
    7282 Commonwealth Ave Jacksonville, FL 32220
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    Jacksonville, FL 32220
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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
    7282 Commonwealth Ave Jacksonville, FL 32220
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