1465 Old Middleburg RdJacksonville, FL 32205

Property Details for 1465 Old Middleburg Rd

Year built

1955

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

4.47 AC

Property size (Sq ft)

1,185 SF

Zone code

RMD-B

Property type

Auto shops

APN

011657-0000

APU

116570000

Description

This exceptional 10.14-acre mixed-use property in Jacksonville, Florida, presents a significant investment opportunity. Located at 1465 Old Middleburg Rd N, 32205, this property boasts a 13,090 square foot building currently vacant, allowing for complete customization and development to suit your vision. The property is zoned MDR, permitting a variety of uses including schools, community centers, and other residential-friendly commercial buildings. Its strategic location offers convenient access to major transportation arteries, with proximity to I-295 (3.1 miles) and I-10 (2.5 miles), ensuring seamless connectivity. Nearby amenities include a Walmart Supercenter (1.3 miles) and Jacksonville International Airport (18.1 miles). The asking price is $2,700,000, translating to $206.26 per square foot. This represents a compelling opportunity to capitalize on the growth potential of this prime Jacksonville location. The property's size and zoning flexibility offer a unique chance to create a thriving development tailored to specific needs and market demands. The vacant building provides a blank canvas for innovative design and efficient space utilization. This is a rare chance to acquire a substantial mixed-use property in a desirable area with excellent infrastructure and accessibility.

• CAP approach

  CAP return

  Valuation

  6%

  $376,174

  6.5%

  $347,238

  7%

  $322,435

• Comparable approach

  Method

  Valuation

  Relative Method

  $203,091

  Geo Method

  $203,091

• Alternative Use

  Use

  Valuation

  Residential

  $292,908

  Hospitality

  $268,302

  Educational

  $223,224

  Medical

  $230,901

  Retail

  $347,238

Location Insight

City

Jacksonville

County

Duval

State

Florida

Latitude

30.2963

Longitude

-81.7632

CBSA code

27260

CBSA name

JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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