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    845 New Berlin Rd Jacksonville, FL 32218

    For Sale
    $399,000

    1.26 Acres, Redevelopment Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 1.26-acre mixed-use property in Jacksonville, Florida, presents a compelling redevelopment opportunity. Located at 845 New Berlin, zip code 32218, this property boasts a 54,885.6 square foot lot and a single-family home currently occupied by tenants who will vacate upon closing. The property's zoning is a blend of commercial (CO) on the southern portion and residential (RLD-60) on the northern portion, offering considerable flexibility. Its strategic location provides convenient access to key areas, including less than 10 minutes from River City Marketplace and under 15 minutes from Jacksonville International Airport. The existing structure offers the potential for continued rental income or demolition to make way for new construction. The property is being offered at $399,000. The single-story building was constructed in 1952. Prospective buyers are responsible for conducting their own due diligence regarding acreage, land use, zoning, potential wetlands, flood plains, and other relevant factors. The seller makes no representations regarding these aspects. Similar properties in the area have successfully been rezoned for multifamily development and various other commercial uses, suggesting significant potential for future development.

    Property Features for 845 New Berlin Rd

    General Information

    Property type
    Mixed-use properties

    Building Details

    Year Built
    1952
    Stories
    1
    Units
    1

    HighLights

    • 1.26‑acre mixed‑use property in Jacksonville, FL (845 New Berlin, 32218) with redevelopment potential.
    • 54,885.6 sq ft lot featuring a single‑family home (tenant‑occupied, vacating at closing).
    • Zoned CO (commercial) and RLD‑60 (residential), offering flexible development options.
    • Prime location: <10 minutes from River City Marketplace, <15 minutes from Jacksonville International Airport.
    • Offered at $399,000; existing 1952 single‑story building provides rental income potential or demolition opportunity.
    • Buyer responsible for due diligence regarding acreage, zoning, wetlands, floodplains, etc.; seller makes no representations.
    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 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
    -81.6204099
    Latitude
    30.4677903

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    FAQs

    What type of property is this?
    Mixed-use property - 1.26 Acres, Redevelopment Opportunity
    Where is this mixed-use property located?
    The property is located at 845 New Berlin Rd Jacksonville, FL.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: 1.26-acre mixed-use property in Jacksonville, FL (845 New Berlin, 32218) with redevelopment potential.; 54,885.6 sq ft lot featuring a single-family home (tenant-occupied, vacating at closing).; Zoned CO (commercial) and RLD-60 (residential), offering flexible development options.
    Request Owner's contact information
    845 New Berlin Rd Jacksonville, FL 32218
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    Jacksonville, FL 32218
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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
    845 New Berlin Rd Jacksonville, FL 32218
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