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N 0 Gate Parkway Blvd 92 Acres of Commercial Land Offered at $4,800,000 in Jacksonville, FL 32216
Investment Highlights
- Heavy intersection among many highways and state roads.
- Great location, location, location, and a lot of land... I need to say more?
- Natural settings to developing a green canopy and a great green community.
Executive Summary
This offer presents a rare opportunity to acquire approximately 92 acres of commercial land at under $52,174 per acre. By comparison, a nearby industrial-zoned parcel was recently valued at more than $1.2 million, or approximately $304,000 per acre after entitlement and due diligence. Given recent market activity and the scale of this site, the property offers significant upside potential for the right buyer.
Property Overview
The sale includes two parcels offered together as a bundled acquisition:
• RE #154166-0526 — 44.3 acres
• RE #154166-0527 — 46.79 acres
Together, these parcels provide a substantial land position in a strategic location within a diverse and actively developing market.
Development Potential
The property supports a wide range of possible commercial and mixed-use concepts, including:
• Planned Unit Developments with strong income potential
• Light industrial uses
• Mixed-use commercial and residential projects
• Nursing homes, schools, hospitals, shopping centers, or community service hubs
Few comparable opportunities currently exist in the county with this combination of acreage, location, flexibility, and price point.
Market Context
Recent vacant-land sales in the same subdivision have reportedly reached approximately $305,000 to $400,000 per acre after entitlement. These comparable sales underscore the potential value creation available through thoughtful planning, entitlement work, and development strategy.
For qualified investors, the numbers point to a compelling opportunity. Serious inquiries require registration. Please contact the listing agent for additional details and
comparable sales data.
Surrounding Area
The Perimeter Park subdivision, located off Southside Boulevard near J. Turner Butler Boulevard, includes a diverse mix of medical, professional, commercial, and hospitality uses. Nearby businesses and service providers include Benchmark Asset Services, LLC; Florida Retina Institute; McIver Clinic Perimeter Park Office; Jacksonville Contracting Group; Atlantic Commercial Properties; and area hotels.
The opposite side of the site, within the Deerwood Lake Replat subdivision, includes mixed-use and residential areas around Deerwood Lake Parkway near Southside Boulevard. Nearby residential and multifamily communities include Lake Lofts at 4360 Deerwood Lake Parkway, along with adjacent multifamily and condominium parcels.
Adjacent Commercial Centers
The property is also near established retail and service destinations, including Deerwood Lake Commons, anchored by Publix, as well as nearby conveniences such as The UPS Store and other retail and service-oriented businesses.
Property Facts
1 Lot Available
Lot 2
| Price | $4,800,000 | Lot Size | 92.00 AC |
| Price Per AC | $52,173.91 |
| Price | $4,800,000 |
| Price Per AC | $52,173.91 |
| Lot Size | 92.00 AC |
Sale as a bundle along adjacent lot for a total of 92 acres, commercial, mix use, PUD's or CB, CG, B-1, B-3-zoning potential based in recent data and the fact that the southern lot just got approved for Industrial use, just 4-AC now valued at $1.3 M
Description
The property consists of two adjacent parcels totaling 92 acres, with future use designated by the county as commercial mixed-use, plus the option for a PUB. The lot size allows for maintaining or creating a green canopy and natural spaces, including new ponds and preservation areas. Zoning permits low density, ranging from about 2 units per acre to 8–19 units per acre, depending on project approval—potentially 184 single-family homes or 336 to 1,748 multifamily units. On the commercial side, the plan could include a mix of uses, with at least 10 to 15 acres for commercial, CB, or GB purposes. The area is surrounded by new residential communities and businesses like Honda Motors, hotels, schools, and shopping centers, with excellent access to I-95, I-295, SR 22, and more. The property has direct road access to Gate Parkway West, offering quick connections to all major roads. This is a prime commercial area for new development—92 acres in a great location at a very reasonable price.
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $18,146 | Total Assessment | $18,146 |
Property Taxes
Contact the Sale Advisor
N 0 Gate Parkway Blvd