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Investment Highlights

  • Approved for 396 multifamily units, a dynamic retail center, and two out parcels ideal for a service station, bank, or quick-service restaurant.
  • Site is conveniently located 5 minutes from Interstate 295, with quick connectivity to Jacksonville's CBD and other critical markets.
  • Jacksonville's Normandy region observes steady demographic growth, ideal for new development and increasing daily traffic to over 20,000 vehicles.

Executive Summary

28-acre site located off Normandy Boulevard on the Westside of Jacksonville. The site is highly visible with approximately 20,000 vehicles traveling along Normandy Boulevard daily. The demographic appeal is robust, with an average household income of $79,180 within a 2-mile radius and an estimated 53,762 households within a 5-mile radius.

Convenient access to Interstate 295 is a 5-minute drive, allowing great connectivity to all the main roads. This prime site enjoys convenient proximity to Normandy Crossing (a busy retail hub anchored by Publix), downtown Jacksonville, and Jacksonville International Airport (JAX) just a 30-minute drive from the property. Due diligence information is readily available upon request.

Property Facts

Price $11,250,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 20.00 AC
No. Stories 1
Zoning RMD-B, CCG-2

1 Lot Available

Lot

Price $11,250,000
Price Per AC $562,500.00
Lot Size 20.00 AC

OFFICE WAREHOUSE CONDO UNITS COMING SOON! 28-acre commercial development site with plans for warehouse office condos.

Description

Commercial site located on Normandy Blvd. Site has road frontage and irregular shaped with mostly uplands.

Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 009110-0040
  • 009120-0020
Land Assessment
$4,039,900
Improvements Assessment
$59,014
Total Assessment
$4,098,914
  • Listing ID: 29130221

  • Date on Market: 7/28/2023

  • Last Updated:

  • Address: 8728 Normandy Blvd, Jacksonville, FL 32221

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