REDEVELOPMENT OPPORTUNITY

5744 Old Kings Road Jacksonville, FL 32254

5744 Old Kings Road, Jacksonville, FL, 32254
5744 Old Kings Road, Jacksonville, FL, 32254 5744 Old Kings Road, Jacksonville, FL, 32254 5744 Old Kings Road, Jacksonville, FL, 32254 5744 Old Kings Road, Jacksonville, FL, 32254 5744 Old Kings Road, Jacksonville, FL, 32254 5744 Old Kings Road, Jacksonville, FL, 32254 5744 Old Kings Road, Jacksonville, FL, 32254 5744 Old Kings Road, Jacksonville, FL, 32254
FOR SALE
Property Type:
Free Standing Building
Amount:
Please Call Broker for Price

Last Verified:
Apr 29, 2024

Highlights

  • 864 SF building with additional 180 SF of finished storage
  • .65 acres on busy intersection
  • Zoned Commercial Neighborhood(CN) and Residential Low Density (RLD-60)
  • Redevelopment Opportunity
  • Adjacent to 85 new single family homes

Description

Introducing an investment opportunity at 5744 Old Kings Road in Jacksonville, FL. Spanning .65 acres over two parcels at the intersection of Old Kings Rd and Lane Ave. The front .41 acres is zoned Commercial Neighborhood with the remaining .25 acres zoned Residential Low Density, offering exceptional flexibility for prospective development. Adjacent to 85 new single-family homes, this site presents a compelling redevelopment opportunity in a rapidly growing area. The property features an 864-square-foot building, along with an additional 180 square feet of finished storage, complete with a new roof and doors. Situated just minutes from I-295 and I-10 ramps, this property provides quick access to the entirety of Jacksonville.

Located at the corner of Old Kings Rd and Lane Avenue. Only minutes from I-295 and I-10 ramps providing quick access to all of Jacksonville and surrounding areas.


Year Built: 1951
Building Size: 864sq ft
Building Class: C
Lot Size: 0.65 acres


Documents

Sale Brochure

Map of 5744 Old Kings Road, Jacksonville, FL, 32254

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.