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    5730 University Boulevard Ct Jacksonville, FL 32216

    Sponsored
    For Sale
    $2,200,000

    High-traffic location, excellent development potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional commercial property, located at 5730 UNIVERSITY Boulevard West in Jacksonville, Florida, presents a compelling investment opportunity. The property, encompassing a substantial 57,499.2 square feet lot, is zoned for retail use and offers significant potential for redevelopment or expansion. Built in 1974, the existing single-story structure provides a solid foundation for future plans. The property's prime location in the bustling city of Jacksonville, within Duval County, and its convenient access to major thoroughfares, ensures high visibility and substantial foot traffic. The asking price is $2,200,000. This represents a rare chance to acquire a large parcel of land in a high-demand area, ideal for a variety of retail ventures. The 32216 zip code offers a strong demographic profile, making this an attractive proposition for investors seeking a high-return investment in a thriving commercial market. The property's size and location make it suitable for a wide range of development projects, from expanding existing businesses to constructing new retail spaces. Serious inquiries are encouraged to explore the full potential of this remarkable property. The property's coordinates are 30.2735134 latitude and -81.6068961 longitude.

    Property Features for 5730 University Boulevard Ct

    General Information

    Property type
    Land

    Building Details

    Year Built
    1974
    Stories
    1

    HighLights

    • $2,200,000 asking price.
    • Retail and land property.
    • 1‑story, 1974 construction.
    • 57,499.2 sq ft lot size.
    • Located at 5730 University Boulevard, Jacksonville, FL 32216.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Auto Repair Shop Hair Salon 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
    -81.6068961
    Latitude
    30.2735134

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    FAQs

    What type of property is this?
    Land - High-traffic location, excellent development potential.
    Where is this land located?
    The property is located at 5730 University Boulevard Ct Jacksonville, FL.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: $2,200,000 asking price.; Retail and land property.; 1-story, 1974 construction.
    Request Owner's contact information
    5730 University Boulevard Ct Jacksonville, FL 32216
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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
    5730 University Boulevard Ct Jacksonville, FL 32216
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