8.93 Acres For Sale on New Berlin Road

703 New Berlin Rd Jacksonville, FL 32218

703 New Berlin Rd, Jacksonville, FL, 32218
703 New Berlin Rd, Jacksonville, FL, 32218
Property Type:
MultiFamily Apartments
Last Verified:
May 25, 2021


  • 8.93 Acres
  • Zoned CO and RLD-60
  • 560 Feet of Frontage on New Berlin Rd
  • Easy Access to Interstate


703 New Berlin Rd is approximately 8.93 acres with 560 feet of frontage on New Berlin Rd. The property is currently zoned RLD-60 with a small portion of the property under Commercial Office (CO) zoning. RLD-60 zoning allows for 3-7 residential units per acre and CO zoning allows for a variety of office and other commercial uses.

Located at the norther intersection of Interstate 95 (I-95) and Interstate 295 (I-295) on New Berlin Road.

Year Built: 1971
Building Size: 1640sq ft
Lot Size: 8.93 acres

Map of 703 New Berlin Rd, Jacksonville, FL, 32218

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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.