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6735 New Jesup Hwy - Build-To-Rent/Build To Sell Development 58.37 Acres of Residential Land Offered at $4,500,000 in Brunswick, GA 31523
Executive Summary
The property is located off of Hwy-341 which is the primary access to Brunswick from surrounding areas to the northwest. The property is located 3-miles from highly traveled I-95. The nearby Port of Brunswick is a significant component of the economy and major demand driver for this area. The Georgia Ports Authority forecasts their investments of $262 million and acreage expansion will position the Port of Brunswick as the premier roll on/roll off facility in the U.S. for autos and machinery.
Property Facts
| Price | $4,500,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 58.37 AC |
| Property Type | Land | ||
| Zoning | HC - Medium Residential | ||
| Price | $4,500,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 58.37 AC |
| Zoning | HC - Medium Residential |
1 Lot Available
Lot 240
| Price | $4,500,000 | Lot Size | 58.37 AC |
| Price Per AC | $77,094.40 |
| Price | $4,500,000 |
| Price Per AC | $77,094.40 |
| Lot Size | 58.37 AC |
Finished development site with all zoning approvals
Description
• 240 units Build-to-Rent / Build to Sell Fee Simple opportunity with all zoning approvals for residential development • Opportunity for a build-to-rent community or sell the units fee simple • Zoned MR (Medium Residential) which allows for a wide range of uses • Permitted uses for MR - https://tinyurl.com/3kstawa9 • Property comes with U.S. Army Corps of Engineers Jurisdictional Letter and LDA • Pricing for the undeveloped site with all approvals and LDA, except Land Disturbance Permit (LDP): $4.5 Million • Seller will develop the site for a qualified buyer, please inquire about developed pricing • Traffic counts of ±18,810 VPD on Hwy-341 • Located less than 2-miles from Oak Grove Island that is exclusive to Heritage Oaks Golf Club. Oak Grove Island is a gated community that has over 420 homes within a peaceful serene environment • Located 8 miles from Downtown Brunswick, 15 miles from St. Simons Island, 20 miles from Sea Island and 24 miles from Jekyll Island
Property Taxes
| Parcel Number | 03-26781 | Improvements Assessment | $0 |
| Land Assessment | $67,400 | Total Assessment | $67,400 |
Property Taxes
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6735 New Jesup Hwy - Build-To-Rent/Build To Sell Development
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