2367 JERNIGAN RD Pending

Jacksonville,FL 32207

$ 330000

- Bed

0 Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Multi-Family

Listing Status Pending

Purchase Type For Sale

MLS Listing ID GC528322

HOA Y/N No

Originating Board Stellar MLS

Annual Tax Amount $82

Lot Size 1.160 Acres

Acres 1.16

Lot Dimensions 297x170

Property Sub-Type Multi-Family

Property Description

Under contract-accepting backup offers. Prime Development Opportunity at 2367 Jernigan Road, Jacksonville, FL.

Presenting a unique investment prospect: a partially constructed church spanning approximately 9,939 square feet, situated on a 1.16 AC parcel zoned RMD-A (Residential Medium Density-A). Construction commenced in 2017 and reached nearly 70% completion before pausing during the pandemic. This versatile property offers multiple avenues for development:

Potential Uses include
Multi-Family Development-- The RMD-A zoning permits the construction of up to 23 residential MF units, catering to the growing demand for housing in the area.
Single-Family Homes-- Alternatively, the parcel can be subdivided into 7 individual lots, ideal for single-family residences, creating a charming community setting.

Investment Highlights--
Existing Structure: With the church structure already 70% complete, investors have the option to finalize the existing plans. This approach offers a cost-effective solution, with the current improvements listed at approximately $33 per square foot(far below replacement cost).

Strategic Location-- Nestled in a desirable Jacksonville neighborhood, the property boasts proximity to essential amenities(Publix only 5 min away), schools, and transportation links, enhancing its appeal for future residents or congregants.

This property embodies a blend of existing infrastructure and flexible development potential, making it a compelling opportunity for developers, investors, or organizations seeking a customizable space in Jacksonville's dynamic real estate market.

Note: Prospective buyers are encouraged to conduct due diligence and consult with local zoning authorities to confirm permissible uses and development guidelines. The original contractor is available to complete construction off church if desired.

Location

State FL

County Duval

Zoning RMD-A

Exterior

Fence Chain Link

Utilities Available BB/HS Internet Available,Electricity Available,Sewer Connected,Water Connected

Building

Lot Size Range 1 to less than 2

Sewer Public Sewer

Water Public

Others

Ownership Fee Simple

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition Probate Listing

Virtual Tour https://www.propertypanorama.com/instaview/stellar/GC528322

View More
Favorite Go Tour