Development Opportunity on Lem Turner Road

10204 Lem Turner Road Jacksonville, FL 32218

10204 Lem Turner Road, Jacksonville, FL, 32218
10204 Lem Turner Road, Jacksonville, FL, 32218
FOR SALE
Property Type:
Other Land
Amount:
$295,000
Last Verified:
Jan 13, 2021

Highlights

  • 2.63 AC land included in sale
  • Zoned CCG-2 and Residential
  • Frontage on Lem Turner Rd (19,502 VPD)
  • New residential neighborhoods under development just a few blocks away
  • Access to city water
  • Retention pond available from previous development

Description

2.63 AC land development opportunity in Northwest Jacksonville with frontage on Lem Turner Road, which sees 19,502 VPD and across from Broward Road (6,139 VPD). Many residential development projects are underway in the area and Northwest Jacksonville is experiencing a revitalization. This parcel of land offers a multitude of development opportunities including retail, industrial, or office.

Land development opportunity located in Northwest Jacksonville, across from the signalized intersection at Lem Turner and Broward Roads.

Lot Size: 2.63 acres

Map of 10204 Lem Turner Road, 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.