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    1747 Pearl St Jacksonville, FL 32206

    For Sale
    $199,900

    Prime Jacksonville Development Site

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This 0.3-acre commercial land parcel in Jacksonville, Florida's historic Springfield District, is offered at $199,900. Located at a signalized intersection, this property is zoned PUD, allowing for 14,102 square feet of commercial development or 7437 square feet of residential (potentially four one-bedroom units exceeding 500 square feet each, and four additional one-bedroom units). The site enjoys exceptional walkability and bikeability, according to WalkScore.com, and benefits from proximity to downtown Jacksonville, UF Health, the University of Florida College of Medicine, and Florida State College at Jacksonville's downtown campus. Easy access to I-95 further enhances its appeal. Springfield's established historic district, dating back to 1869, offers a vibrant atmosphere with diverse restaurants, nightlife, parks, and a strong sense of community. This location is experiencing significant growth, attracting new residents and businesses. The PUD zoning offers flexibility for various development options, including multifamily or commercial projects, subject to necessary approvals. Open to all reasonable offers. The property's address is 1747 N Pearl St, Jacksonville, FL 32206.

    Property Features for 1747 Pearl St

    General Information

    Property type
    Land
    Lot Size
    13,068 SF

    HighLights

    • PUD zoning allows for redevelopment as multifamily or commercial.
    • Existing PUD permits 14,102 SF of commercial or 7,437 SF of residential (11 units).
    • Located in the historic Springfield District.
    • 1⁄2 mile from UF Health and the University of Florida College of Medicine.
    • 3⁄4 mile from Florida State College downtown campus.
    • Excellent I‑95 access.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -81.658119469785
    Latitude
    30.345821402055

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    FAQs

    What type of property is this?
    Land - Prime Jacksonville Development Site
    Where is this land located?
    The property is located at 1747 Pearl St Jacksonville, FL.
    What is the asking price?
    The asking price for this property is $199,900.
    What are key features of this property?
    This property features: PUD zoning allows for redevelopment as multifamily or commercial.; Existing PUD permits 14,102 SF of commercial or 7,437 SF of residential (11 units).; Located in the historic Springfield District.
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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
    1747 Pearl St Jacksonville, FL 32206
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