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1332 LIVE OAK Drive
About This Property
Exceptional development opportunity at 1332 Live Oak Drive in Jacksonville. This ±0.33-acre parcel is ideally positioned adjacent to Coggin Ford Jacksonville, just off high-traffic Atlantic Boulevard.
The value is in the land. Existing structures are not included in the valuation, making this a prime candidate for redevelopment.
Potential uses include:
Commercial rezoning (buyer to verify with the city)
Retail, office, or service-related development
Residential investment or new construction
Strategically located in a rapidly developing corridor with strong visibility and accessibility, this is a rare chance to secure land in a high-demand area. Opportunities like this are becoming increasingly scarce--don't miss your chance to capitalize on this growth location.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 2, 2026 | In contract | - | |
| In contract | |||
| Feb 20, 2026 | Listed by CENTURY 21 LIGHTHOUSE REALTY | $199,900 | |
| Listed by CENTURY 21 LIGHTHOUSE REALTY | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017