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0 E 45Th St
Jacksonville, FL 32208
This asset is a 31,451-square-foot (approximately 0.72-acre) vacant commercial parcel located at 0 E 45th Street in Jacksonville, Florida 32208. The property is situated within the Kings subdivision and is currently unimproved, with no buildings or structures located on the site.
The parcel is zoned CCG-1, Commercial Community/General-1, a Jacksonville commercial zoning classification designed to accommodate a broad range of commercial uses. CCG-1 zoning allows uses that can include retail and service businesses, professional and business offices, hotels and motels, indoor recreational or entertainment facilities, community centers, certain educational uses, commercial parking, and other commercial activities, subject to applicable development standards, permitting, and approvals.
The property is currently held as vacant land, providing flexibility for future commercial use or development consistent with the zoning classification and local requirements. The asset consists solely of the underlying land, with no existing building improvements.
Parcel/RE Number: 031376-0000
Land Area: 31,451 sq. ft. / approximately 0.722 acres
Property Type: Vacant Commercial Land
Zoning: CCG-1, Commercial Community/General-1
Buildings: None
Paki Judson | HoodEstates
Paki and Sandy Judson are entrepreneurs and real estate professionals with more than 20 years of experience owning, managing, renovating, and overseeing hundreds of properties across multiple asset types, including single-family homes, apartment communities, hotels, commercial properties, and land. Much of their work has focused on communities that are often overlooked by traditional investors, where they have built extensive hands-on experience in property management, renovations, operations, and creating value from real estate assets. They are the founders of Hood Estates, as well as Wealth Estates, their education and wealth-building community. Today, they continue to focus on identifying, managing, and developing real estate opportunities while drawing on decades of practical experience across both residential and commercial properties.
Jacksonville, FL
Jacksonville, FL offers a mix of neighborhood livability, local employment centers, and day-to-day amenities that support long-term housing demand. The area benefits from access to major commuter routes, schools, and retail services, while continuing to attract residents looking for affordability and convenience. As population and job activity remain steady across the broader region, rental demand is generally supported by both local households and in-migration trends.
Have other questions? Learn how Lofty works
Share price
This asset is a 31,451-square-foot (approximately 0.72-acre) vacant commercial parcel located at 0 E 45th Street in Jacksonville, Florida 32208. The property is situated within the Kings subdivision and is currently unimproved, with no buildings or structures located on the site.
The parcel is zoned CCG-1, Commercial Community/General-1, a Jacksonville commercial zoning classification designed to accommodate a broad range of commercial uses. CCG-1 zoning allows uses that can include retail and service businesses, professional and business offices, hotels and motels, indoor recreational or entertainment facilities, community centers, certain educational uses, commercial parking, and other commercial activities, subject to applicable development standards, permitting, and approvals.
The property is currently held as vacant land, providing flexibility for future commercial use or development consistent with the zoning classification and local requirements. The asset consists solely of the underlying land, with no existing building improvements.
Parcel/RE Number: 031376-0000
Land Area: 31,451 sq. ft. / approximately 0.722 acres
Property Type: Vacant Commercial Land
Zoning: CCG-1, Commercial Community/General-1
Buildings: None
Paki Judson | HoodEstates
Paki and Sandy Judson are entrepreneurs and real estate professionals with more than 20 years of experience owning, managing, renovating, and overseeing hundreds of properties across multiple asset types, including single-family homes, apartment communities, hotels, commercial properties, and land. Much of their work has focused on communities that are often overlooked by traditional investors, where they have built extensive hands-on experience in property management, renovations, operations, and creating value from real estate assets. They are the founders of Hood Estates, as well as Wealth Estates, their education and wealth-building community. Today, they continue to focus on identifying, managing, and developing real estate opportunities while drawing on decades of practical experience across both residential and commercial properties.
Jacksonville, FL
Jacksonville, FL offers a mix of neighborhood livability, local employment centers, and day-to-day amenities that support long-term housing demand. The area benefits from access to major commuter routes, schools, and retail services, while continuing to attract residents looking for affordability and convenience. As population and job activity remain steady across the broader region, rental demand is generally supported by both local households and in-migration trends.
Have other questions? Learn how Lofty works
Investing with Lofty can generate returns in two ways:
1) Annual cash flow from rental income.
2) Annual appreciation from long-term property value changes.
$814
Monthly Rent
$63
Monthly Expenses
$752
Net Monthly Cash Flow
Based on the Zillow Value Home Index (ZHVI) Single Family Homes Time Series, single family homes appreciated an average of 11% per year over the last 20 years (March 31, 2003 - March 31, 2023).
This figure reflects a national benchmark for single family homes in the 35th to 65th home-price percentile range and may not represent this specific property's zip code. Real-world returns can also vary based on investment costs, hold period, and leverage.
Use the returns calculator below to explore how different assumptions can impact your hypothetical investment outcome.
Adjust the assumptions below to model how this property could grow over 7 years.
Annualized Return
+3.6%
per year over 7 years
7-Year Projection
$1,286
+$286 vs. initial $1,000
This calculator is for illustrative purposes only and displays a range of hypothetical investment outcomes based on the inputs you provide. Actual investment outcomes depend on many factors and cannot be determined before the investment period ends. Historical performance is not indicative of future results.
The calculations assume a 7-year hold period and an average annual net operating income increase of 3%. The 10- and 20-year averages are based on data from the ZHVI Single Family Homes Time Series and reflect averages for single-family homes in the 35th to 65th percentile by home price.