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    Old Middleburg Rd Jacksonville, FL 32222

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    For Sale
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    21 Acres, Fully Approved Development

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 21.22-acre property in Duval County, Florida, presents a fully approved development opportunity for a Continuing Care Retirement Community (CCRC). Located on Old Middleburg Rd S in Jacksonville, approximately 11 miles southwest of the downtown area, this fee-simple land (APN: 016310-0000) is zoned PUD. The approved plans encompass a comprehensive senior living community, including a 200-bed assisted living facility, a 120-unit memory care facility, and a 180-unit independent living section. This prime location boasts a significant market advantage with minimal competition and a substantial population base: within a 10-mile radius, there are 414,836 residents, 23% of whom are over 55 years old. This makes it an ideal location for a CCRC. A comprehensive due diligence package is available upon request. The property consists of two contiguous parcels. This is a rare opportunity to acquire a fully permitted and ready-to-develop senior living community in a high-demand market. Don't miss this chance to capitalize on the growing senior living sector in Jacksonville, Florida.

    Property Features for 0 Old Middleburg Rd

    General Information

    Property type
    Retirement homes
    Lot Size
    924,343 SF

    HighLights

    • Fully Approved Plans for a 120‑Bed Assisted Living Facility.
    • 120‑Bed Memory Care Unit.
    • 160‑Unit Independent Living Community.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retirement homes

    Map

    City
    Jacksonville
    County
    Duval
    State
    Florida
    Longitude
    -81.815862
    Latitude
    30.215539

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    FAQs

    What type of property is this?
    Retirement home - 21 Acres, Fully Approved Development
    Where is this retirement home located?
    The property is located at Old Middleburg Rd Jacksonville, FL.
    What are key features of this property?
    This property features: Fully Approved Plans for a 120-Bed Assisted Living Facility.; 120-Bed Memory Care Unit.; 160-Unit Independent Living Community.
    Request Owner's contact information
    Old Middleburg Rd Jacksonville, FL 32222
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    Jacksonville, FL 32222
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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
    Old Middleburg Rd Jacksonville, FL 32222
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