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Property profile

Jacksonville Normandy Blvd Jacksonville, FL 32221

OFF-MARKET
Retail properties & Spaces
3.64 ac lot
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Property summary

AI-generated overview

This exceptional 3.64-acre commercial land parcel presents a remarkable investment opportunity in Jacksonville, Florida. Strategically located on Normandy Boulevard, a major westside corridor, this corner lot boasts convenient access to I-10 and Chaffee Road, ensuring high visibility and easy accessibility. The property is zoned CCG-1, and utilities including water and sewer are readily available along Normandy Boulevard. This location benefits from proximity to the thriving Cecil Commerce Center, home to over 4,300 daytime employees from major companies such as Amazon, Boeing, Northrop Grumman, FedEx, and more. The site's advantageous position also places it near Florida State College of Jacksonville and John J. Snyder High School, within a rapidly growing residential and employment area. Further enhancing its appeal, a newly constructed Dollar General is situated to the west. The property comprises two parcels owned by two separate entities. A median cut and access point at Stratton Road provide additional convenience. Note that an existing permit, approved by the Army Corps of Engineers, was valid through March 18, 2022. The asking price for this prime retail land is $2,378,376. This property offers significant potential for development and strong returns in a dynamic Jacksonville market. The zip code is 32221.

Property profile

Verified
Property type Retail properties & Spaces
Lot 3.64 ac (158,558 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Jacksonville Normandy Blvd Jacksonville, FL 32221
Jacksonville metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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