Colorado Firm Pays $11 Million for Ramona Flea Market

Feb 28, 2018

The $11.25 million sale of the Ramona Flea Market on Jacksonville's Westside near I-10 and I-295 has been recorded with the Duval County Clerk of Courts.

Waller Properties LLC sold 107.6 acres to United Flea Markets LLC, through RMFM RE LLC, on February  20, according to the Daily Record, which reports the sale was recorded Monday.

CenterState Bank of Boca Raton issued a $6.75 million mortgage the same day.

United Flea Markets of Henderson, Colorado, announced February 21 it bought the market at 7059 Ramona Blvd. but did not disclose a purchase price.

Founded in 1971, the market sits on 107 acres and has more than 700 vendors.

“The Ramona Flea Market is a long-standing and thriving business noted for its impressive vendor and buyer relationships,” said Rob Sieban, president, CEO and co-owner of United Flea Markets.

He said his group would build on the market’s success and position it “for the next 40-plus years of growth.”

You can read a longer version of this story at the Daily Record.