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Updated about 5 years ago on . Most recent reply
How to find hidden potential in a property?
I am looking for hidden potential in my potential investment properties in the Jacksonville metro area.
To be specific where can I find information in the county's website or other sites which can answer the following questions:
1) How much more living area can be added and on which floor, 1st, 2nd, basement, convert garage etc?
2) Can the land be split?
3) Can an SFR be turned into multi, how many units?
4) Can zoning be changed from low to high density? how?
If these can't be answered on the county's website, what is the best route to find the answers, and the amount of money / time it will take?
Thanks!
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Hello @Shay Nir,
You can find many of those answers by looking into Planning & Zoning Maps with the county/city. Many areas will have a color coded map that show what is zoned for that particular property. Typically, the planning and zoning site will have instructions on how to petition the board for a zoning change but that may add cost and time to your project. Finally, depending on the community the property is in, there may be more restrictive covenants in that particular neighborhood that will control what the use type and density can be. Those covenants will also be on file with the county, or an real estate agent who works that neighborhood might have a pdf of the covenants to email you. I am sure there are some JAX investors in here that could be more specific than me, best of luck!