0 Normandy Blvd Jacksonville, FL 32221
This exceptional 3.64-acre commercial land parcel presents a compelling investment opportunity in Jacksonville, Florida. Strategically located on Normandy Boulevard in Duval County (zip code 32221), this corner lot boasts convenient access to I-10 and Chaffee Road, further enhanced by proximity to the new JTA pink route. The property is zoned CCG-1 and features existing water and sewer infrastructure along Normandy Boulevard. Its prime location benefits from high visibility and significant traffic flow along a major westside corridor. The site's potential is amplified by its adjacency to a recently zoned parcel slated for 142 townhomes and 300 apartments, as well as a newly constructed Dollar General. A Publix supermarket is under construction approximately one mile west, with a planned opening in Q3 2024. The area is experiencing robust residential and job growth, fueled by the nearby Cecil Commerce Center, a major employment hub housing over 4,300 daytime employees from companies such as Amazon, Saft, Boeing, Northrop Grumman, FedEx, Bridgestone, GE, and various U.S. Military and government entities. The property consists of two parcels and offers a median cut and access at Stratton Road. This is a rare opportunity to acquire a sizable commercial lot in a rapidly developing area with excellent access and infrastructure. The asking price is $2,378,376.
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
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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.