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Investment Highlights
- Approved 96-unit townhome/apartment development
- Strong retail corridor with nearby supermarkets, restaurants, and daily amenities
- Close proximity to major employment centers, including Imeson Industrial Park, Anheuser-Busch, Jacksonville Zoo & Gardens, Downtown Jacksonville and a
- Prime infill opportunity in a rapidly growing market
- Excellent regional connectivity near Jacksonville International Airport, Blount Island, Dames Point Marine Terminal, I-95 and I-295
Executive Summary
This ±8.04-acre parcel presents a rare opportunity to acquire land in a high-growth Jacksonville corridor with existing development approvals. The site is designed for a 96-unit townhome or apartment community, perfectly suited for meeting rising demand for residential housing in the region. Situated adjacent to Interstate 95, the property ensures unmatched visibility and excellent accessibility to major thoroughfares, including I-295, enabling swift connections throughout the Jacksonville metropolitan area.
The surrounding area is anchored by robust employment centers such as Imeson Industrial Park, Downtown Jacksonville, Anheuser-Busch, and other key economic drivers. Nearby daily retail conveniences, restaurants, and supermarkets create a walkable lifestyle environment for future residents. Regional connectivity is reinforced by proximity to Jacksonville International Airport, Dames Point Marine Terminal, and JAXPORT, offering logistical advantages.
Positioned within a market characterized by strong population growth and rising household incomes, this infill location combines long-term development upside with compelling operational efficiencies. Whether positioned for build-to-rent or for-sale product, the site delivers a strategic solution for residential developers seeking an established location with immediate infrastructure and entitlements in place.
The surrounding area is anchored by robust employment centers such as Imeson Industrial Park, Downtown Jacksonville, Anheuser-Busch, and other key economic drivers. Nearby daily retail conveniences, restaurants, and supermarkets create a walkable lifestyle environment for future residents. Regional connectivity is reinforced by proximity to Jacksonville International Airport, Dames Point Marine Terminal, and JAXPORT, offering logistical advantages.
Positioned within a market characterized by strong population growth and rising household incomes, this infill location combines long-term development upside with compelling operational efficiencies. Whether positioned for build-to-rent or for-sale product, the site delivers a strategic solution for residential developers seeking an established location with immediate infrastructure and entitlements in place.
Property Facts
| Price | $2,400,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 8.04 AC |
| Property Type | Land | ||
| Zoning | PUD - Planned urban development | ||
| Price | $2,400,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 8.04 AC |
| Zoning | PUD - Planned urban development |
1 Lot Available
Lot
| Price | $2,400,000 | Lot Size | 8.04 AC |
| Price Per AC | $298,507.46 |
| Price | $2,400,000 |
| Price Per AC | $298,507.46 |
| Lot Size | 8.04 AC |
±8.04-acre parcel, The site is designed for a 96-unit townhome or apartment community
Description
Land parcel located at 0 Kentucky Street in Jacksonville, Florida, comprising approximately 8.04 acres. Approved for residential development with a 96-unit townhome/apartment site plan. Positioned adjacent to Interstate 95 and near North Main Street, offering access to prominent transportation routes including I-295. In proximity to Jacksonville International Airport, Imeson Industrial Park, and major regional terminals. Located within a corridor containing commercial services, food retailers, and daily conveniences.
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Somewhat walkable
20/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 022115-0000 | Improvements Assessment | $0 |
| Land Assessment | $1,246,200 | Total Assessment | $1,246,200 |
Property Taxes
Parcel Number
022115-0000
Land Assessment
$1,246,200
Improvements Assessment
$0
Total Assessment
$1,246,200
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