Multifamily Development Site Near Jax Univ

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30081204
Property Subtypes: Multi-Family, Residential (Single Family), Other
Status: Pending
Gross Land Area: 4.41 Acres
Sale Price: $775,000
Unit Price: $175,736 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/19/2018

Overview / Comments

Multifamily Development Site Near Jax University
Over four acres available for multifamily development in accessible location near Jacksonville University.
Located behind the University Park Branch Library.
Across from the site of the new $18M Dolphin Pointe Health Care center on University Blvd and close to the planned Jackson Commons apartment complex at the corner of University Blvd and Fort Caroline Rd.
Excellent location for off-campus housing, affordable housing, senior multifamily, etc.. Preliminary site plan approval received from COJ and JEA for 72-unit housing complex.
Currently has a single family home on the property that could be demolished.
One block east of University Blvd and one block south of Fort Caroline Rd.

Additional Details

Nearest MSA: Jacksonville
County: Duval

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,029 75,483 188,984
Median Age: 31.72 34.87 36.37
Households: 4,084 27,877 75,952

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