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7373 Old Kings Rd - Redevelopment Opportunity - Townhomes

10 Acres of Residential Land Offered at £4,734,000 in Jacksonville, FL 32217

Investment Highlights

  • Excellent Location and size with 9.9 acres of land with a MDR Medium Density Residential use
  • Aggressive price
  • Strong Market with proximity to Downtown Jacksonville, I-95 and several new developments nearby

Executive Summary

Property Size : 10 Acres approx.
Combined Bldgs SF: 40,950 SF
Zoning: RMD A
Price: $6,000,000
The property offers excellent central location. Ideal for redevelopment residential town homes or single family. It is west of I-95, south of San Marco & east of the St. Johns River. Nestled between Samuel W. Wolfson High School, Kings Trail Elementary School & minutes from The Bolles School. Demographics of 239,000 in a 5 mile radius. This is an area of consistent growth with new development of mix use, residential & multifamily as well as retail, restaurants & medical offices.

Property Facts

Price £4,734,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 10.00 AC

1 Lot Available

Lot

Price £4,734,000
Price Per AC £473,400
Lot Size 10.00 AC

The property offers excellent central location. Ideal for redevelopment residential town homes or single family. It is west of I-95, south of San Marco & east of the St. Johns River.

Description

Excellent opportunity for developers, investors or end users. This is a beautiful setting in close proximity to main highway arteries like I-95, University Blvd. and San Jose Blvd corridor. It is only minutes from Downtown Jacksonville.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
147998-1200
Land Assessment
£1,302,008
Improvements Assessment
£1,821,053
Total Assessment
£3,123,060

zoning

Zoning Code RMD A (Residential Medium Density - town homes)
RMD A (Residential Medium Density - town homes)
  • Listing ID: 28910053

  • Date on Market: 03/07/2023

  • Last Updated:

  • Address: 7373 Old Kings Rd, Jacksonville, FL 32217

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