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12233 W Sago Ct - RETAIL GROUND LEASE OPPORTUNITY 0.4 Acres of Commercial Land Offered at $1,344,466 CAD in Jacksonville, FL 32218
Investment Highlights
- Corner parcel within a well-established North Jacksonville retail node.
- Conceptual plan includes 4,000 SF retail building with optional drive-thru lane.
- Positioned to capture traffic from both the shopping center and surrounding growth areas.
- High visibility and frontage at New Berlin Road with immediate access to I-295.
- Shared access and parking easements with Oceanway Plaza for seamless connectivity.
- Located within a corridor anchored by national brands, strengthening market draw.
Executive Summary
Parcel B at Oceanway Plaza offers a prime outparcel development opportunity within a well-established North Jacksonville retail corridor. Located at the entrance to the shopping center at New Berlin Road and Sago Avenue West, the site benefits from strong visibility, existing cross-access, shared parking access, and proximity to established national and regional retailers. The current conceptual plan contemplates a ±4,000 SF freestanding retail building with drive-thru capability, making the parcel especially attractive for restaurant, coffee, quick-service, medical, or service-oriented users seeking a high exposure location within an active neighborhood center. Surrounded by existing retail activity and positioned to capture traffic from both the shopping center and surrounding residential growth, Parcel B presents a compelling opportunity for a user, investor, or developer to establish a presence in a proven commercial node. The site’s layout, frontage, and accessibility support a range of retail and service uses, subject to final site planning, CCR restrictions, and municipal approvals
Property Facts
| Price | $1,344,466 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Retail |
| No. Lots | 1 | Total Lot Size | 0.40 AC |
| Property Type | Land | ||
| Zoning | CCG1 - The property is zoned CCG-1 and is subject to existing CCRs and shopping center restrictions. Development standards include a maximum building height. | ||
| Price | $1,344,466 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Retail |
| Total Lot Size | 0.40 AC |
| Zoning | CCG1 - The property is zoned CCG-1 and is subject to existing CCRs and shopping center restrictions. Development standards include a maximum building height. |
1 Lot Available
Lot
| Price | $1,344,466 CAD | Lot Size | 0.40 AC |
| Price Per AC | $3,361,166.22 CAD |
| Price | $1,344,466 CAD |
| Price Per AC | $3,361,166.22 CAD |
| Lot Size | 0.40 AC |
Parcel B at Oceanway Plaza offers a prime outparcel development opportunity within a well-established North Jacksonville retail corridor.
Description
Parcel B at Oceanway Plaza refers to an undeveloped outparcel within a retail center on Sago Avenue West, Jacksonville, FL. The site spans approximately 0.4 acres and is zoned CCG1 under municipal code, enabling various commercial uses subject to applicable restrictions and approvals. It is situated at the intersection near New Berlin Road with direct I-295 access. Surrounding properties include existing retail tenants and regional service establishments.
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 107440-0000 | Improvements Assessment | $532,493 CAD |
| Land Assessment | $465,722 CAD | Total Assessment | $998,215 CAD |
Property Taxes
Parcel Number
107440-0000
Land Assessment
$465,722 CAD
Improvements Assessment
$532,493 CAD
Total Assessment
$998,215 CAD
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12233 W Sago Ct - RETAIL GROUND LEASE OPPORTUNITY
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