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3701 Race Track Rd
Saint Johns, FL 32259
SENIOR HOUSING-COMMERCIAL · Land For Sale · 9.19 AC

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INVESTMENT HIGHLIGHTS

  • The property has high visibility on a heavily traveled road. There are no CDD or HOA fees.

EXECUTIVE SUMMARY

Prime Infill Site - High Growth Corridor of NW St. Johns County - minutes from Durbin Pavilion, Future Flagler Hospital, Ascension Hospital at CR 210 and Interstate 95, and commercial shopping. Interstate 95 via Race Track Road at 9B offers easy access to all points of St. Johns County and surrounding counties. Florida First Coast Expressway will connect with Interstate 95 via County Road 2209 AKA St. Johns Parkway (9B ends at County Road 2209).
Seller Sales Price of $4,000.000 is net to the Seller.

PROPERTY FACTS Under Contract

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Apartment Units - Senior
Total Lot Size 9.19 AC
Zoning OR - Open Rural

1 LOT AVAILABLE

Lot

Price $5,533,560 CAD
Price Per AC $602,128.38 CAD
Lot Size 9.19 AC

This 9.19-acre site is one of the few tracts of land privately owned and is not a part of a CDD or PUD. Property's FLU of Res B when rezoned to a PUD allows for a variety of uses certain commercial uses. Price: $4 million, net to the Seller.

DESCRIPTION

• 9.19 acres with 326 feet of frontage on Race Track Road and a traffic count of 20,500 • Existing median cut along Race Track Road at the subject's existing driveway • Memorial Hospital's emergency care facility slightly to the west • Excellent infill opportunity for multiple uses surround by thousands of rooftops • Zoned Open Rural (OR) with Residential-B Future Land Use, allows for residential, institutional, and neighborhood commercial • NO CDD fees or HOA fees • Partly cleared with existing recreation pond - potential retention resource • A few remaining structures such as a barn that - buyer's choice of use

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
005710-0000
Land Assessment
$751,617 CAD
Improvements Assessment
$74,117 CAD
Total Assessment
$825,734 CAD
  • Listing ID: 21290679

  • Date on Market: 2018-06-26

  • Last Updated:

  • Address: 3701 Race Track Rd, Saint Johns, FL 32259

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