10550 Balmoral CirJacksonville, FL 32218
- Other commercial real estate
- 37,848 SF
Property Details for 10550 Balmoral Cir
- Year built
- 1987
- Lot size
- 3.82 AC
- Property size (Sq ft)
- 37,848 SF
- Zone code
- CCG-1
- Property type
- Other commercial real estate
- APN
- 044279-0200
- APU
- 442790200
Description
This exceptional 3.82-acre commercial, industrial, and residential land parcel presents a rare redevelopment opportunity in Jacksonville, Florida's Northside submarket. Located at 10550 Balmoral Cir W, Jacksonville, FL 32218 (APN: 044279-02000), this former hotel site offers significant potential for investors. The property, totaling 166,486 square feet, is priced at $3,400,000 ($20.42/sq ft) and is zoned CCG-1, allowing for subdivision and diverse uses. Permitted uses range from gas/service stations and car washes to self-storage facilities and industrial flex spaces for contractors. Benefitting from exceptional visibility, the property boasts over 550 linear feet of frontage on the Exit 360 off-ramp to Busch Drive, and enjoys over 82,500 vehicles per day (VPD) on I-95, with multiple signage options including a monument sign. The site includes off-site master water retention, and the owner is open to joint venture possibilities. This location within a thriving area, boasting over 902,000 residents in Jacksonville and strong economic growth, makes it ideal for developers seeking to capitalize on high demand. This is a standout property in one of Florida's most dynamic cities.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $6,931,424
- Hospitality
- $6,349,148
- Educational
- $5,282,416
- Medical
- $5,464,086
- Retail
- $8,217,092
Location Insight
- City
- Jacksonville
- County
- Duval
- State
- Florida
- Latitude
- 30.4284
- Longitude
- -81.655
- CBSA code
- 27260
- CBSA name
- JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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