12715 Philips Hwy Jacksonville, FL 32256
This exceptional 2.86-acre commercial land parcel in Jacksonville, Florida, presents a remarkable investment opportunity. Located at 12715 Philips Highway, in Duval County, zip code 32256 (30.1404752, -81.5145852), this property boasts a prime location with excellent road frontage and a dedicated turning lane on Philips Highway, ensuring high visibility and accessibility. The land is zoned PUD (Planned Unit Development), offering considerable flexibility for a wide range of development projects. The property's versatility is further enhanced by its division into two separately sellable parcels: a 1.33-acre lot suitable for up to 20,000 square feet of retail space, and a 1.53-acre lot with potential for development, subject to building size-contingent mitigation. This strategic location is ideal for a variety of commercial ventures, including retail strip centers, dollar stores, hotels, warehouses, gas stations, medical offices, free-standing restaurants, and auto repair shops, among many other possibilities. The asking price for this exceptional property is $2,200,000. Don't miss this chance to acquire a highly desirable commercial land parcel in a thriving Jacksonville location.
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.