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1283 Blanding Blvd
11.58 Acres of Commercial Land Offered at $5,500,000 in Orange Park, FL 32065
Investment Highlights
- 11.58 Contiguous Acres Fronting Blanding Blvd
- Advantageous Grandfathered BB Zoning
- Heavy Commercial & Residential Use Nearby
- Seller Will Subdivide
Executive Summary
Property Facts
Price | $5,500,000 | Property Type | Land |
Sale Type | Investment | Property Subtype | Commercial |
No. Lots | 1 | Total Lot Size | 11.58 AC |
Price | $5,500,000 |
Sale Type | Investment |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Total Lot Size | 11.58 AC |
1 Lot Available
Lot
Price | $5,500,000 | Lot Size | 11.58 AC |
Price Per AC | $474,957 |
Price | $5,500,000 |
Price Per AC | $474,957 |
Lot Size | 11.58 AC |
Seller will subdivide. BB Zoned. 890' of Frontage of Major Retail Artery, Blanding Blvd.
Description
Marcus & Millichap is pleased to present the subject property, located at 1283 Blanding Blvd. Orange Park, Florida. This opportunity consists of three contiguous parcels, equaling 11.58 acres, that have ~890 feet of frontage on Blanding Blvd, a major retail artery in the Jacksonville MSA with 49,000 vehicles per day(VPD). With BB zoning, the parcels are permitted to provide for the development of business facilities designated to accommodate trade generally supported by vehicular traffic and related to needs generated by traffic demands. This property currently has a freestanding 1,500 SF retail structure and mobile homes occupying the parcels and is an ideal candidate for redevelopment with a five-mile radius population of 113,742.
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $308,216 | |
Land Assessment | $907,568 | Total Assessment | $1,215,784 |
PROPERTY TAXES
zoning
Zoning Code | BB |
BB |
Presented by
1283 Blanding Blvd
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