10550 Balmoral CirJacksonville, FL 32218

  • Other commercial real estate
  • 37,848 SF
For Sale
$3,400,000 View listing

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
10550 Balmoral Cir, Jacksonville, Florida

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

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
$14,781
$1,048,862
$232
$1,049,094
-
$1,048,862
$232
$1,049,094

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].