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2487 Chaffee Rd S - 0.88-Acre Corner | 17K AADT | High-Growth 0.88 Acres of Commercial Land Offered at $673,116 CAD in Jacksonville, FL 32221
Investment Highlights
- High-Traffic Corner: 0.88-acre lot with 17,000+ AADT and dual ingress/egress.
- Strategic Transit Access: Located 2 minutes from First Coast Expressway (SR-23) and 5 minutes from I-10.
- Explosive Growth: Located in a primary residential expansion corridor with massive rooftop growth.
- Retail Anchor Proximity: Just 1 minute from the new Publix-anchored Plaza at Normandy.
- Rezoning Potential: Situated in the Urban Service Area; ideal for QSR, car wash, or retail conversion.
- Assemblage Opportunity: Potential to combine with the adjoining parcel for a larger commercial footprint.
Executive Summary
Investment Highlights
1) High-Visibility Corner Parcel: Strategically located on a 0.88-acre corner lot with excellent ingress/egress on Chaffee Road, a major thoroughfare with 17,000+ AADT.
2) Prime Development Opportunity: Situated within the Urban Service Area and currently zoned RLD-60, the site is primed for commercial rezoning to accommodate a QSR/drive-thru, car wash, or variety retail.
3) Immediate Cash Flow: Features a non-valued mobile home (digitally removed in renderings) providing $1,250/month in income to offset carry costs during the entitlement and permitting phase.
4) Strategic Proximity to Retail & Transit: Located just 1 minute from the new Plaza at Normandy (anchored by Publix), 2 minutes from the First Coast Expressway (SR-23), and 5 minutes from I-10.
5) Rapidly Expanding Submarket: Positioned in one of Jacksonville’s most explosive growth corridors, benefiting from high residential density and immediate proximity to major transit infrastructure.
6) Scalability Potential: Opportunity to scale the project by combining the site with an adjoining parcel for a larger-scale commercial development.
Offered at $499,000, this property represents a strategic "covered land play" for investors and developers. A key benefit of this acquisition is the immediate cash flow: the property currently generates $1,250 per month in rental income from the existing on-site structure. This consistent revenue stream effectively offsets carry costs including property taxes, insurance, and interest while the buyer navigates the entitlement, rezoning, and permitting phases.
Property Facts
1 Lot Available
Lot
| Price | $673,116 CAD | Lot Size | 0.88 AC |
| Price Per AC | $764,904.63 CAD |
| Price | $673,116 CAD |
| Price Per AC | $764,904.63 CAD |
| Lot Size | 0.88 AC |
0.88-acre corner lot; 220' frontage on Chaffee Rd. 17K+ AADT. Dual ingress/egress. Cleared & level. Urban Service Area utilities. Potential for assemblage with adjoining parcel.
Description
Premier Development Opportunity in Jacksonville’s Fastest-Growing Corridor Secure a high-visibility, 0.88-acre corner development site strategically located in the heart of Jacksonville’s Westside growth engine. This prime parcel is positioned at the intersection of Chaffee Road and Old Gainesville Road, serving as a critical gateway for thousands of daily commuters and local residents. The property benefits from exceptional regional connectivity, situated just 1 minute from the newly developed Plaza at Normandy (anchored by a prototype Publix with a drive-thru pharmacy), 2 minutes from the First Coast Expressway (SR-23), and 5 minutes from I-10. The surrounding area is undergoing a massive transformation with thousands of new residential rooftops under construction and the expansion of the Cecil Commerce Center, one of the region's largest employment hubs. This is a rare "plug-and-play" opportunity for a developer to capture market share in a submarket where demand for retail services and QSR options far outweighs current supply. The subject property consists of a flat, buildable corner lot with approximately 220 feet of direct frontage on Chaffee Road. The site features dual access points (ingress/egress) on a high-traffic thoroughfare boasting over 17,000+ AADT. Its corner positioning ensures maximum visibility for directional signage and brand exposure. The lot is predominantly cleared and level. While the property currently houses a 1,064 SF mobile home, it carries no contributory value and has been digitally removed in conceptual renderings to showcase the site’s true development potential. Situated within the Jacksonville Urban Service Area, the site is positioned for connection to municipal infrastructure, supporting high-intensity uses such as car washes or restaurants. Significant upside exists for a developer to assemble a larger commercial footprint by combining this site with the adjoining parcel, allowing for a more substantial retail center or a multi-tenant development.
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2487 Chaffee Rd S - 0.88-Acre Corner | 17K AADT | High-Growth
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