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    4900 Baymeadows Rd Jacksonville, FL 32217

    Sponsored
    For Sale
    $2,600,000

    Jacksonville, FL: 135-unit senior living campus

    Property size:
    10,855 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4.6-acre parcel in Jacksonville, Florida, presents a unique investment opportunity. Priced at $2,600,000 ($239.52/sq ft), this 10,855 square foot site boasts an approved Planned Unit Development (PUD) certification from the City of Jacksonville for a 135-unit senior living campus. The approved plan includes 32 independent living, 65 assisted living, and 31 memory care units, totaling approximately 116,000 square feet. Designed by Architectural Concepts Inc., the project features innovative common areas and living spaces, incorporating value engineering throughout. A comprehensive market feasibility study by PMD Advisory Services, LLC, confirms significant demand, projecting a need for additional senior living units in the area. The site's prime location in Duval County, between five major Catholic parishes, offers strong community ties and potential for further collaboration. The project benefits from secured environmental and land use entitlements, including Ordinance No. 2018-129-E, and enjoys the City of Jacksonville's continued support, with potential for financial incentives like property tax deferrals. The previous endorsement from the Catholic Diocese of Saint Augustine is available for review and potential renewal. This turnkey opportunity allows for immediate development, capitalizing on the high demand for senior living facilities in this thriving Jacksonville market. The property includes two existing buildings. The APN is 148120 0100.

    Property Features for 4900 Baymeadows Rd

    General Information

    Property type
    Land
    Square Feet
    10,855 SF
    Lot Size
    200,376 SF

    Building Details

    Buildings
    2
    Units
    135

    HighLights

    • 4.6‑acre parcel in Jacksonville, FL, with approved PUD for 135‑unit senior living campus.
    • 135‑unit senior living campus including independent living, assisted living, and memory care units.
    • 116,000 square foot planned development with industry‑leading design.
    • Prime Duval County location near five major Catholic parishes.
    • Turnkey opportunity with secured entitlements and potential for city incentives.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Duval
    State
    Florida
    Longitude
    -81.5997805
    Latitude
    30.2201333

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    FAQs

    What type of property is this?
    Land - Jacksonville, FL: 135-unit senior living campus
    Where is this land located?
    The property is located at 4900 Baymeadows Rd Jacksonville, FL.
    What is the asking price?
    The asking price for this property is $2,600,000.
    What are key features of this property?
    This property features: 4.6-acre parcel in Jacksonville, FL, with approved PUD for 135-unit senior living campus.; 135-unit senior living campus including independent living, assisted living, and memory care units.; 116,000 square foot planned development with industry-leading design.
    Request Owner's contact information
    4900 Baymeadows Rd Jacksonville, FL 32217
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    Jacksonville, FL 32217
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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
    4900 Baymeadows Rd Jacksonville, FL 32217
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