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    7282 Commonwealth Ave Jacksonville, FL 32220
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    Property profile & analytics

    7282 Commonwealth Ave, Jacksonville, FL 32220

    View on Map

    • Warehouses
    • 6,055 SF
    • 49.08 lot acres
    Land For Sale For Sale
    $442,000

    Land For Sale

    Land available for sale.

    7282 Commonwealth Ave, Jacksonville, FL 32220
    View Listing
    Property ID
    US18-6185309
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    4.6%
    Warehouses
    Location Intelligence

    Current Use by Public Records

    • GO Pull-It - Junkyard and Junk Car Buyer / Auto Parts Store / Waste Management Facility
    • Studio 9 / Hair Salon / Nail Salon

    Property Details for 7282 Commonwealth Ave

    Year built
    2013
    Construction
    STEEL FRAME
    Lot size
    49.08 lot acres
    Zone code
    IH
    Property type
    Warehouses
    APN
    004890-0010
    APU
    48900010

    Description

    This exceptional 4.3-acre commercial land parcel, located at 7282 Commonwealth Ave in Jacksonville, Florida (zip code 32220), presents a unique development opportunity. Zoned IH, this property boasts significant potential for construction, with plans allowing for up to a 30,000 square foot building. Conveniently situated just 6/10 of a mile west of I-295, providing excellent access and visibility. The lot features Commonwealth Avenue frontage, ensuring high traffic exposure. All utilities are readily available, including city water and city sewer, or the option of private lift stations. Development rights are already in place, streamlining the permitting process. The asking price is $442,000. The seller is open to considering build-to-suit options, making this an attractive proposition for developers seeking a flexible and strategically located site. This property is situated in Duval County and offers a compelling investment opportunity in a rapidly growing area of Jacksonville. Don't miss this chance to acquire a prime piece of commercial real estate with significant upside potential.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $880,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $680,000
      6.5%
      $630,000
      7%
      $585,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,190,000
      Market price range: $410k - $1.19M
      AI Estimate
      $789,000
      Market price range: $138k - $789k
    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $725,000
      Current use
      MEDICAL BUILDING
      $1,385,000
      Change: +90% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $1,290,000
      Change: +78% Conversion: Easy
      OFFICE BUILDING
      $1,175,000
      Change: +62% Conversion: Difficult
      RETAIL STORES
      $1,095,000
      Change: +51% Conversion: Moderate
      APARTMENT HOUSE (5+ UNITS)
      $1,000,000
      Change: +37% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Duval
    State
    Florida
    Longitude
    -81.7708
    Latitude
    30.3359
    CBSA code
    27260
    CBSA name
    JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $65,290
    $2,841,652
    $732,318
    $3,573,970
    -
    $2,841,652
    $732,318
    $3,573,970
    View Listing
    More about this property
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