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5948 Arlington Expy Jacksonville, FL 32211-7156

OFF-MARKET Commercial real estate Google Maps
680 SF 0.51 ac lot Built 1984
Entity Owned 1-yr Hold Free & Clear
Estimated value (blended)
$240k
Range $216k – $264k (±10%)
Property ID US18-2944520

Property summary

AI-generated overview

This exceptional 0.51-acre commercial land parcel, located at 5948 Arlington Expressway, Jacksonville, FL 32211, presents a unique investment opportunity. The property boasts a highly desirable General Commercial (CCG-2) zoning designation, allowing for a wide range of development possibilities. Its strategic location on a signalized corner of the busy Arlington Expressway ensures high visibility and excellent accessibility. This prime site benefits from its proximity to major interstates I-95 and I-295, providing convenient access to the entire Jacksonville metropolitan area. Downtown Jacksonville is less than a seven-minute commute away. The surrounding area is a thriving hub of retail, office, and residential activity, with a significant population density. Within a five-mile radius, there are nearly 218,000 residents, and over 40% of daytime employees also reside within the same area. The Arlington Expressway experiences a high daily traffic count of 61,500 vehicles, further enhancing the property's commercial viability. This hard corner location offers unparalleled visibility and access for any future development. This is an exceptional opportunity to capitalize on the robust growth and economic vitality of this densely populated Jacksonville neighborhood. The property's size, zoning, and location combine to create a compelling investment prospect for developers seeking a high-impact commercial project.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1984
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 680 SF
Lot 0.51 ac (22,200 SF)
Zoning code CCG-2
APN 129429-0010
UPID US18-2944520

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

since 2024
Last sale
$187,000
2 recorded transactions
2024
$187,000
2021
Price N/A

Zoning & alternative use

CCG-2 · Jacksonville, FL
Zoning description

Commercial Community/General-2 (CCG-2) District. (a) Permitted uses and structures. (1) Commercial Retail Sales and Service Establishments (2) Retail sales of new or used automobiles, trucks and tractors, mobile homes, b…

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
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