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College Drive - PUD 180 MF UNITS, POTENTIAL FOR 210 UNITS 13.89 Acres of Commercial Land Offered at $4,950,000 in Orange Park, FL 32065
INVESTMENT HIGHLIGHTS
- GREAT SHOVEL READY MF SITE 180 UNITS (210 units possible) LOCATED IN GROWTH CORRIDOR W/SHOPPING STRIP AT ENTRANCEWAY
EXECUTIVE SUMMARY
PROPERTY FACTS
| Price | $4,950,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 13.89 AC |
| Property Type | Land | Cross Streets | Peoria Rd |
| Zoning | PS-1 - Public Service | ||
| Price | $4,950,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 13.89 AC |
| Cross Streets | Peoria Rd |
| Zoning | PS-1 - Public Service |
1 LOT AVAILABLE
Lot
| Price | $4,950,000 | Lot Size | 13.89 AC |
| Price Per AC | $356,371.49 |
| Price | $4,950,000 |
| Price Per AC | $356,371.49 |
| Lot Size | 13.89 AC |
13.89-acre site in Clay County approved for multi-family development. Site access located at College Drive and Peoria Rd intersection. This multi-family site is in the College Drive Initiative re-development area of Clay County.
DESCRIPTION
13.89-acre site with approved zoning for 180-unit multi-family development. Located in Clay County at intersection of College Drive and Peoria Drive south of Blanding Blvd. Site is adjacent to small retail shopping strip with entranceway at traffic light. Property has minimal wetlands to the south and small conservation easement at western border of site. Capacity reserved for school concurrency. Engineering is in process and expected to be complete by Q4-2024. Water and Sewer JEA at site.
PROPERTY TAXES
| Parcel Number | 40-04-25-020673-000-00 | Improvements Assessment | $0 |
| Land Assessment | $277,350 | Total Assessment | $277,350 |
PROPERTY TAXES
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College Drive - PUD 180 MF UNITS, POTENTIAL FOR 210 UNITS
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