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0 New Jesup Highway - Residential Development Opportunity 58.37 Acres of Residential Land Offered at $3,000,000 in Brunswick, GA 31523
INVESTMENT HIGHLIGHTS
- 240 undeveloped lots with all zoning approvals for residential development. Opportunity for a build-to-rent community or sell the units fee simple.
- Permitted uses for MR - https://tinyurl.com/3kstawa9. Ideal for future townhome development.
- Located less than 2-miles from Oak Grove Island that is exclusive to Heritage Oaks Golf Club.
- Zoned MR (Medium Residential) which allows for a wide range of uses.
- Property comes with Corp of Engineers Nationwide Permit. Traffic counts of 18,900 VPD on Hwy-341.
- Located 8 miles from Downtown Brunswick, 15 miles from St. Simons Island, 20 miles from Sea Island and 24 miles from Jekyll Island.
EXECUTIVE SUMMARY
Bull Realty is pleased to present this residential development opportunity in the coastal Georgia area. Located just 8 miles north of downtown Brunswick, this 240 lot development with all zoning approvals will offer the future developer the opportunity to build townhomes as a build-to rent community or sell the units fee simple. Work force housing is in short supply in the Brunswick area, due to the continued growth in the Sea Island and Saint Simons resort areas. This site is located four miles from the Brunswick Airport for easy access from Atlanta or any neighboring city. Brunswick is the county seat of Glynn County with a population of 23,214 within a 5-mile radius.
The property is located off of Hwy-341 which is the primary access to Brunswick and other surrounding areas to the northwest. The property is located 3-miles from highly traveled I-95. The Port of Brunswick, a major demand driver for the area, is 13 miles/18-minute drive time from the property. It is one of the busiest ports on the Atlantic Coast, and is the 6th busiest automobile port in the United States.
The property is located off of Hwy-341 which is the primary access to Brunswick and other surrounding areas to the northwest. The property is located 3-miles from highly traveled I-95. The Port of Brunswick, a major demand driver for the area, is 13 miles/18-minute drive time from the property. It is one of the busiest ports on the Atlantic Coast, and is the 6th busiest automobile port in the United States.
PROPERTY FACTS
| Price | $3,000,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 58.37 AC |
| Property Type | Land | ||
| Zoning | HC - Highway Commercial District | ||
| Price | $3,000,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 58.37 AC |
| Zoning | HC - Highway Commercial District |
1 LOT AVAILABLE
Lot 240
| Price | $3,000,000 | Lot Size | 58.37 AC |
| Price Per AC | $51,396.27 |
| Price | $3,000,000 |
| Price Per AC | $51,396.27 |
| Lot Size | 58.37 AC |
Finished lot available for Residential development
1 1
PROPERTY TAXES
| Parcel Number | 03-26781 | Improvements Assessment | $0 |
| Land Assessment | $67,400 | Total Assessment | $67,400 |
PROPERTY TAXES
Parcel Number
03-26781
Land Assessment
$67,400
Improvements Assessment
$0
Total Assessment
$67,400
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0 New Jesup Highway - Residential Development Opportunity
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