10740 Balmoral Dr Jacksonville, FL 32218
For Lease
This exceptional special-purpose property, located at 10740 Balmoral Dr, Jacksonville, FL 32218, offers a unique investment opportunity. The single-tenant building encompasses a total of 2,642 square feet situated on a 0.73-acre lot (APN: 044279-0500). Its strategic location at the intersection of Balmoral Drive and Dunn Avenue provides unparalleled visibility and accessibility, benefiting from a combined 82,000 vehicles per day (VPD). The property's versatile design includes 600 square feet of usable office space, perfectly complemented by 2,040 square feet of drive-through access, ideal for various businesses requiring convenient customer interaction. The property is classified as Airport, Drive-through, and Bank, making it suitable for a range of commercial uses. This prime location in Jacksonville, Florida presents a compelling opportunity for investors seeking a high-traffic, easily accessible property with significant potential. The property's size and configuration offer flexibility for a variety of businesses, capitalizing on the high volume of daily traffic. This is a rare chance to acquire a well-positioned commercial property in a thriving area.
(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 Mayport Road Zoning Overlay. (1) Roofs, which give the appearance of a flat roof from any street side of the building, are prohibited. Roofs…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CCG-1 · Jacksonville, FL(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 Mayport Road Zoning Overlay. (1) Roofs, which give the appearance of a flat roof from any street side of the building, are prohibited. Roofs may be gabled, hipped, mansard or otherwise designed to avoid the appearance of a flat roof from the adjoining street. (2) Open bay doors and other similar large doors providing access to work areas and storage areas shall not open towards or directly face Mayport Road. (3) The exterior finish of new buildings, and any exterior finish alterations and/or additions to the front side, street side or any side visible from adjoining residential properties of existing buildings, shall be of brick, wood, concrete, stucco, exterior insulation and finish systems (EIFS), architectural or split-face block, or other finish materials with similar appearance and texture. Metal clad, corrugated metal, plywood or Oriented Strand Board (OSB), and exposed plain concrete block shall not be permitted as exterior finish materials on the front or any street side of a building. (4) Exterior walls facing Mayport Road shall be relieved by doors, windows and architectural details. (5) Maximum building height shall be 35 feet. (d) Lighting. Exterior lighting shall be the minimum necessary to provide security and safety. (1) Direct lighting sources shall be shielded or recessed so that light does not directly illuminate adjacent properties. (2) Light poles without shielded luminary shall not exceed 15 feet in height. (3) Light poles with shielded luminary shall not exceed 35 feet in height. (4) Proposed lighting site plan showing the estimated illumination levels shall be shown on all plans submitted for site plan review. (5) Maximum contributed illumination at any property line shall be 0.5 foot candles. (e) Fences. The use of chain link, barbed wire, razor or concertina wire, and like fencing shall be prohibited where visible from any public right-of-way. Lawfully existing fencing at the time of the effective date of these regulations shall be permitted for ten years. After ten years from the effective date of these regulations, all fencing shall meet the requirements herein. (f) Landscaping and required buffers. The provisions of
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
