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Property profile

0 Normandy Blvd Jacksonville, FL 32221

OFF-MARKET
Land
3.64 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
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

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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