Property profile

11150 Lem Turner Rd Jacksonville, FL 32218

OFF-MARKET
Commercial real estate
Property ID
US18-3232631
1,045 SF 1.31 ac lot Built 1989
Individually Owned 1-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This 1,750 sq ft property, located at 11150 Lem Turner Rd in Jacksonville, FL 32218, presents a unique redevelopment or re-opening opportunity. The property includes a vacant convenience store, a four-pump gas station, and a car wash, all situated on a 57,375 sq ft lot with 20 parking spaces. Built in 1989, the single-story, two-building complex is zoned CCG-1 and offers significant potential for increased revenue streams. The property's prime location at a busy, signalized intersection ensures high visibility and accessibility from major roads and a neighboring shopping center. The asking price is $2,450,000 ($1,400/sq ft). Occupancy is available August 1, 2024. Lease offers will be considered. This is an owner/user investment opportunity ideal for redevelopment.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1989
Construction STEEL FRAME
Total area 1,045 SF
Lot 1.31 ac (57,026 SF)
Zoning code CCG-1
APN 020160-1900
UPID US18-3232631

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
  • Atm Crypto Atm
  • Grocery & Convenience Store
  • Postal Service Courier Service
  • Atm

Location

11150 Lem Turner Rd Jacksonville, FL 32218-4572
Jacksonville metro Census 10503 JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.75M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.75M

Owner & transaction history

since 2024
Last sale
$1.8M
7 recorded transactions
2024
$1.8M
2023
$2.6M
2022
$13.9M
2018
$1.5M
2016
Price N/A
2009
Price N/A
1997
$2.8M

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 11150 Lem Turner Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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