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501 S Orange Ave 1.43 Acres of Commercial Land Offered at $1,450,000 in Green Cove Springs, FL 32043
Investment Highlights
- Prime corner lot on US 17 with a 22,500 average daily traffic count.
- Located along US 17 / State Road 16, passing through the heart of downtown Green Cove Springs.
- New 8’ sidewalk next to the site already completed. Will eventually connect Fleming Island to St. Augustine.
- Positioned between downtown Green Cove Springs and the First Coast Expressway (3 miles to the south).
- Located adjacent to 130-acre conservation area
Executive Summary
Ready to build.
Surveys complete: boundary, elevation, and tree.
Wetland determination issued by St. Johns River Water Management District in April 2022 (96.6% upland, 64,713 total sq. ft.)
Surveys complete: boundary, elevation, and tree.
Wetland determination issued by St. Johns River Water Management District in April 2022 (96.6% upland, 64,713 total sq. ft.)
Property Facts
1 Lot Available
Lot
| Price | $1,450,000 | Lot Size | 1.43 AC |
| Price Per AC | $1,013,986.01 |
| Price | $1,450,000 |
| Price Per AC | $1,013,986.01 |
| Lot Size | 1.43 AC |
Total lot size: 1.49 acre Zoned GCC, with multi-use property potential. Includes 501 S Orange, 502 S Palmetto, and other adjoining lots. One structure on-site: 1,560 sq. ft., built in 1946, with 8' ceilings(12 00 sq. fsand 12' ceilings (360 sq. ft.)
Description
Corner lot with frontage on US17 / SR16, Oak St., and S. Palmetto Ave. Located within walking distance to Spring Park. Four parcels included, with one structure built in 1946. The structure is off-grade, with a combination of 8' and 12' ceilings. Ready for development with complete surveys (boundary, elevation, tree). Curb/gutter, streets, electricity, water, and sewer services available.
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Somewhat walkable
30/100
Exceptionally drivable
90/100
Limited public transit
20/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $114,134 | |
| Land Assessment | $240,179 | Total Assessment | $354,313 |
Property Taxes
Parcel Numbers
Land Assessment
$240,179
Improvements Assessment
$114,134
Total Assessment
$354,313
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501 S Orange Ave