3
Map
7236 MORSE AVENUE
About This Property
Lot Size: 8.38 Acres
Five prime commercial lots available on Morse Avenue in Jacksonville, strategically positioned near 103rd Street and I-295. These parcels have excellent visibility and accessibility within a thriving corridor surrounded by established businesses and residential communities. With convenient highway access, strong traffic counts, and versatile zoning potential, the lots are ideal for retail, office, service, or mixed-use development. This opportunity provides investors and developers with a rare chance to secure multiple contiguous sites in a high-demand and rapidly growing Jacksonville market.
Listed By
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 9, 2025 | Listed by COLDWELL BANKER COMMERCIAL PREMIER PROPERTIES | $3,600,000 | |
| Listed by COLDWELL BANKER COMMERCIAL PREMIER PROPERTIES | |||
| Aug 17, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017