7059 Ramona BlvdJacksonville, FL 32205

Property Details for 7059 Ramona Blvd

Year built

1937

Construction

WOOD

Lot size

88.61 AC

Property size (Sq ft)

1,851 SF

Zone code

PUD

Property type

Office buildings

APN

007485-0000

APU

74850000

Description

Exceptional 72-acre development opportunity in Jacksonville, Florida, strategically located at the intersection of I-10 and I-295, offering unparalleled access to major transportation arteries including Lane Avenue South and Normandy Boulevard. This mixed-use property is planned for over 400 residential units, presenting a significant investment potential. Downtown Jacksonville is conveniently located approximately fifteen minutes away, and major employers are within a five-mile radius. The site comprises two distinct areas: a 34.48-acre northern parcel zoned Medium Density Residential (RMD-D), permitting up to 20 units per acre

• CAP approach

  CAP return

  Valuation

  6%

  $399,723

  6.5%

  $368,976

  7%

  $342,620

• Comparable approach

  Method

  Valuation

  Relative Method

  $125,887

  Geo Method

  $125,887

• Alternative Use

  Use

  Valuation

  Residential

  $457,530

  Hospitality

  $419,095

  Educational

  $348,682

  Medical

  $360,674

  Retail

  $542,394

Location Insight

City

Jacksonville

County

Duval

State

Florida

Latitude

30.3149

Longitude

-81.7618

CBSA code

27260

CBSA name

JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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