542289 Lem Turner Rd, Callahan, FL 32011
This exceptional 11.2-acre residential land parcel, located at 542289 Lem Turner Rd, Callahan, FL 32011, presents a compelling investment opportunity. Zoned RMD, allowing for 6-10 units per acre, it's ideally suited for townhome or duplex development, or a build-for-rent project. The property boasts a prime location with frontage on Lem Turner Road, offering convenient access to the thriving town of Callahan and its family-friendly atmosphere, excellent schools, and affordable home values. Commuting is a breeze, with key employment centers in northern Duval County, including major ports and corporate facilities like Amazon's fulfillment center, just 15 minutes away. Recreational opportunities abound, with the beautiful beaches of Amelia Island and Fernandina Beach a short 20-minute drive west on SR 200. Extensive due diligence materials are available, including an annexation ordinance, water and sewer connectivity letter, Phase I environmental report, endangered species survey, topographical survey, and geotechnical reports, streamlining the development process. Priced at $1,500,000 ($133,928/acre), this rare opportunity offers significant potential for substantial returns. Nassau County location provides access to excellent schools and a family-friendly community. Wetlands delineation is complete, and the seller is securing a wetlands permit. The seller will provide time for completing necessary due diligence and securing development plan/permit approvals.
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
Similar Nearby for Lease
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.