0 Old Middleburg Rd Jacksonville, FL 32222
This exceptional 21.22-acre property in Duval County, Florida, presents a fully approved development opportunity for a Continuing Care Retirement Community (CCRC). Located on Old Middleburg Rd S in Jacksonville, approximately 11 miles southwest of the downtown area, this fee-simple land (APN: 016310-0000) is zoned PUD. The approved plans encompass a comprehensive senior living community, including a 200-bed assisted living facility, a 120-unit memory care facility, and a 180-unit independent living section. This prime location boasts a significant market advantage with minimal competition and a substantial population base: within a 10-mile radius, there are 414,836 residents, 23% of whom are over 55 years old. This makes it an ideal location for a CCRC. A comprehensive due diligence package is available upon request. The property consists of two contiguous parcels. This is a rare opportunity to acquire a fully permitted and ready-to-develop senior living community in a high-demand market. Don't miss this chance to capitalize on the growing senior living sector in Jacksonville, Florida.
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.