2845 Edgewood Ave, Jacksonville, FL 32209
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.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.