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Property profile

10535 Lem Turner Rd 1 Jacksonville, FL 32218

OFF-MARKET
Commercial land
Property ID
US18-6014137
2.48 ac lot
Entity Owned Absentee Owner Free & Clear

Property summary

AI-generated overview

This exceptional 4.6-acre commercial land parcel, situated at 10535 Lem Turner Road in Jacksonville, Florida (zip code 32218), presents a unique development opportunity. The property, zoned CCG-1, is ideally suited for a variety of retail, restaurant, and commercial uses. Comprising two separately purchasable parcels (2.48 acres and 1.15 acres), the land boasts high visibility with approximately 26,000 cars passing daily on Lem Turner Road. The site benefits from its strategic location near The Place at Capper Landing apartments (360 units), providing immediate access to a substantial resident base. Florida State College at Jacksonville's North Campus is also in close proximity, further enhancing the property's appeal. The asking price for the entire 4.6-acre site is $600,000. This thriving northwest Jacksonville area offers a diverse community with numerous amenities, including parks, and established businesses such as Save-A-Lot, Family Dollar, Beall's Outlet, Hibbert Sports, McDonald's, Walgreens, Walmart Superstore, and Home Depot. The surrounding area boasts a significant population: 46,724 within 3 miles and 104,062 within 5 miles. This property offers substantial potential for developers seeking a high-traffic, well-located site in a growing community.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 2.48 ac (108,211 SF)
Zoning code CCG-1
APN 020401-0000
UPID US18-6014137

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Real Estate Agency
  • Media Distribution
  • Electronics & Wireless Store
  • Advertising Agency Marketing & Advertising

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

Zoning & alternative use

CCG-1 · Jacksonville, FL
Zoning description

(CCG-1), Commercial Community/General-2 (CCG-2), and Planned Unit Development (PUD) having commercial uses. (c) Building Form and Finish Materials. The following general provisions shall apply to all Development in the M…

General category COMMERCIAL

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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