0 Starratt Rd Jacksonville, FL 32218
This exceptional 2.5-acre commercial land parcel presents a remarkable development opportunity in Jacksonville, Florida. Located on a hard-signalized corner of Starratt Road and Airport Center Drive, this property boasts high visibility and accessibility. The site benefits from a Planned Unit Development (PUD) zoning designation, allowing for a building height of up to 60 feet. The property's prime location within a rapidly growing area, near Jacksonville International Airport, River City Town Center, and First Coast High School (approximately 2,160 students), ensures strong potential for future development. Surrounding development includes 500 multi-family units currently under construction and 190 completed townhomes, indicating a thriving and expanding residential community. The high average daily traffic counts on both Starratt Road (8,900) and Airport Center Drive (5,900) further enhance the property's commercial viability. The parcel's APN is 106936-8610, 106938-0200. This is a rare opportunity to acquire a strategically located, well-zoned commercial lot poised for significant growth and return on investment. The asking price is $3,500,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.