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    OFF-MARKET
    Commercial real estate

    2845 Edgewood Ave, Jacksonville, FL 32209

    Built 1956
    Property ID
    US18-7973104
    Property summary
    AI-generated overview

    This exceptional 3.24-acre (±) property located at 2845 EDGEWOOD Avenue W, Jacksonville, FL 32209 presents a compelling development opportunity. The land, totaling 141,134.4 square feet, is zoned CRO and offered as a single package. The site includes five properties, two of which are currently vacant. Access to public transportation is readily available, with a city bus stop conveniently situated in front of the property. Built in 1956, the existing structures offer potential for redevelopment or demolition to maximize the land's value. The asking price for this significant parcel is $1,300,000. The property's strategic location and zoning make it ideal for a variety of commercial and/or residential projects. Note that two of the existing houses are vacant and should not be entered. Electricity is currently active in the front house. This is a rare opportunity to acquire a substantial land holding in a desirable Jacksonville location. Serious inquiries only.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1956
    UPID US18-7973104
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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