The value of this asset is driven by its location in an explosive growth corridor. With the First Coast Expressway (SR-23) now providing a direct toll-road connection between I-10 and Clay County, traffic counts on Chaffee Road are projected to rise significantly. This is an ideal "buy and hold" or immediate redevelopment project. The property is sold As-Is, as the value lies entirely in the land and its strategic commercial potential. (MLS #2106723). 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.