Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    8161 Ortega Bluff Pkwy Jacksonville, FL 32244
    Back to Search
    Property profile & analytics

    8161 Ortega Bluff Pkwy Jacksonville, FL 32244

    View on Map
    • Land
    • 2.48 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 8161 Ortega Bluff Pkwy

    Lot size
    2.48 lot acres
    Property type
    Land

    Description

    This exceptional 2.48-acre commercial land parcel in Jacksonville, Florida, presents a compelling investment opportunity. Located at 8161 Ortega Bluff Pkwy, Duval County, zip code 32244, this property boasts a prime location off Collins Road and Ortega Bluff Parkway, offering convenient access to Interstate 295 and US Highway 17. Currently zoned PUD, with a proposed CN zoning change, the site is ideally suited for a variety of uses, including quick-serve restaurants, specialty eateries, storage facilities, and automotive businesses. Preliminary estimates suggest the site can accommodate approximately 35 parking spaces. The property benefits from high visibility and strong surrounding demographics, situated adjacent to a Dollar General and across from a Gate Gas Station and Family Dollar. Its strategic location within the Jacksonville MSA ensures proximity to significant retail, hospitality, and residential areas, making it an attractive proposition for developers and investors seeking high-growth potential. The APN is 099120-0012. This is a for sale by owner listing.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Duval
    State
    Florida
    Longitude
    -81.723
    Latitude
    30.2007

    Comparable in this City

    • Value Estimation by Request

      7143 Collins Rd

      Retail properties & Spaces
      7143 Collins Rd, Jacksonville, FL 32244
      View Details
    • Value Estimation by Request

      Collins Rd

      Individual retail properties
      0 Collins Rd, Jacksonville, FL 32244
      View Details
    • Value Estimation by Request

      6868 Skaff Ave

      Land
      6868 Skaff Ave, Jacksonville, FL 32244
      View Details
    • Value Estimation by Request
      0.84 Acres

      7143 Collins Rd

      Land • 0.84 Acres
      7143 Collins Rd, Jacksonville, FL 32244
      View Details
    • Value Estimation by Request
      8.38 Acres

      7278 Morse Ave

      Land • 8.38 Acres
      7278 Morse Ave, Jacksonville, FL 32244
      View Details
    • Value Estimation by Request
      14.45 Acres

      5490 110Th St

      Multifamily properties • 14.45 Acres
      5490 110Th St, Jacksonville, FL 32244
      View Details

    Similar Nearby for Sale

    • $495,000

      3.76 Acres on Collins Road

      3.76 acres of land with frontage on Collins Road.
      5209 Collins Rd, Jacksonville, FL 32244
      View Details
    • Contact for pricing

      Land Available on Blanding Blvd

      Land for sale on Blanding Blvd in Jacksonville, Florida.
      6461 Blanding Blvd, Jacksonville, FL 32244
      View Details
    • Contact for pricing
      0.15 Acres

      Land For Sale Jacksonville

      Land available in Jacksonville, Florida, needing to be cleared.
      Cheryl Ann Ln, Jacksonville, FL 32244
      View Details
    • $3,600,000

      Morse Avenue Land Opportunity

      Land available on Morse Ave in Jacksonville, Florida.
      7236 Morse Ave, Jacksonville, FL 32244
      View Details
    • $799,000
      1.56 Acres

      Multi-Building Commercial Investment

      High-yield Jacksonville property, multiple tenants.
      5508 Wesconnett Blvd, Jacksonville, FL 32244
      View Details
    • Contact for pricing
      43,324 SF

      Prime Lot Ready for Development

      One-acre lot near NAS, ideal for various commercial uses.
      7215 Golden Wings Rd, Jacksonville, FL 32244
      View Details

    Similar Nearby for Lease

    • $0.09 SF/Yr

      Land For Lease Jacksonville

      Land available for lease in Jacksonville, Florida.
      6814 Townsend Rd, Jacksonville, FL 32244
      View Details
    • $1.00 SF/Yr
      28,314 SF

      Fenced Lot with Electric

      28,749 SF lot available for parking, storage, etc.
      Leslie Rd, Jacksonville, FL 32244
      View Details
    • Contact for pricing

      Retail Outparcel on Collins Road

      1.27 AC retail outparcel near I-295 and Walmart.
      7157 Collins Rd, Jacksonville, FL 32244
      View Details
    • Contact for pricing
      4,270 SF

      3.76 AC Lot on Blanding

      3.76+ AC lot for lease in Riverside submarket.
      6655 Blanding Blvd, Jacksonville, FL 32244
      View Details
    • Contact for pricing

      Retail Outparcel on Collins Rd

      1.07 AC retail outparcel available on Collins Rd.
      7143 Collins Rd, Jacksonville, FL 32244
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8161 Ortega Bluff Pkwy
    Jacksonville, FL 32244
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    8161 Ortega Bluff Pkwy, Jacksonville, FL, 32244
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!