5410 US Highway 17 N
Brunswick, GA 31525
New Hope · Land For Sale
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114.48 AC
Property Facts
| Property Type | Land | Total Lot Size | 114.48 AC |
| Property Subtype | Commercial | No. Stories | 2 |
| Proposed Use | Apartment Units - Senior | ||
| Zoning | Hwy Comm./Medium Res. - Mixed use development that features 62.30 acres of Medium Density Residential and 52.18 acres zoned Highway Commercial. | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units - Senior |
| Total Lot Size | 114.48 AC |
| No. Stories | 2 |
| Zoning | Hwy Comm./Medium Res. - Mixed use development that features 62.30 acres of Medium Density Residential and 52.18 acres zoned Highway Commercial. |
Description
Mixed use development that features 62.30 acres of Medium Density Residential approved for 600 units - 220 townhomes & 380 apartments. 52.18 acres is zoned Highway Commercial and has been approved for the development of New Hope Studios, proposed construction budget and stabilized proforma are available upon request. The Georgia film industry lacks a niche, coastal market in which to operate full time, and this opportunity is minutes away from Saint Simons, Sea Island and Jekyll, I-95, the Brunswick Airport and Port Authority. Major motion pictures and television/streaming networks have filmed scenes in the area, and there's viability to provide full time service in a market that differentiates itself from the Atlanta Metro Area studio sites. The Highway Commercial and Medium Residential sites are also available for separate purchase, $5,700,000.00 (approximately $110,000 per acre) and $6,300,000 ($10,500 per door), respectively. There is currently capacity for 150 units, the sellers are delivering additional water and sewer.
Property Taxes
| Parcel Number | 02-00016 | Improvements Assessment | $67,080 |
| Land Assessment | $467,240 | Total Assessment | $534,320 |
Property Taxes
