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Investment Highlights

  • Multi-Family Site - Nassau County APPROVED for 25 Units/acre - Fully Graded 16 Acre Site with Retention Pond - Site is ready for Construction!!
  • Incredible Location behind the Home Depot and Target Shopping Center -- SUPER High Traffic and Visibility! Also the Yulee hurricane evacuation route.
  • Mitigation credits purchased (to be reimbursed to Seller)-Fully Graded 16 Acre Site with Retention Pond - Site is ready for Construction!!
  • 12-16 Acres Available with 300 to 400 Units Multifamily Development (minimum is 12 acres at 300 units).
  • Ashley Furniture id OPEN and Setting Sales Records!! BOOMING and one of the BEST Performing stores out of 1,125 stores in the US.
  • SUPER RARE -- One of the ONLY Multi-Family Sites Available in Yulee with more than 20,000 (+-) new homes coming....

Executive Summary

BACK ON THE MARKET FOR IMMEDIATE SALE!!
Fully Graded 16 Acre Site with Retention Pond - Site is ready for Construction!!
Commercial Real Estate Professionals, Inc. and Mark Allen, CCIM and Broker is pleased to offer this Incredibly Prime and RARE Multi-family site located in a SUPER HIGH GROWTH Area -- Yulee, Florida.
12-16 Acres for 300 to 400 Units Multifamily Development (minimum is 12 acres at 300 units).
Mitigation credits purchased (to be reimbursed to Seller).
Ashley Furniture OPEN on the Chester Road 3 acre out-parcel. Ashley Furniture is BOOMING and one of the BEST Performing stores out of 1,125 stores in the US.
25 Units Per Acre Approved.
One of the ONLY Multi-Family Sites Available in Yulee with more than 20,000 (+-) new homes coming....
De-mucked, Cleared, Graded, and Retention Pond Completed.
Fully Graded 16 Acre Site (minimum purchase is 12 acres) with Retention Pond - Site is ready for Construction!!
Topo Available.
Signage available on Chester Road.
Sewer and Water Available to the site.
Access from Courtney Isles Way.
This site is situated on an upcoming major artery and future evacuation route, Chester Road, with frontage also on Pages Dairy Road and Courtney Isles Way. Located directly behind Home Depot and Target Shopping Center...also very close to Publix, JOANN’s, and Kohl’s, in addition to Chili’s, Starbucks, Whataburger, and a movie theater!
Absolutely a SPECTACULAR Site for a Multi-family Site.
Located next door to Courtney Isles Apartments, a luxury apartment home complex that has been very successful and are at capacity.
The Seller has purchased the mitigation credits and the Buyer would reimburse the Seller at closing for these costs.
Offered at $28,000 per unit including the graded parcel and retention pond (not including mitigation credit reimbursement)

Property Facts

Price $15,571,024 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Senior
  • Planned Unit Development
Total Lot Size 16.00 AC
Cross Streets Courtney Isles Way
Zoning Multi-Family - Multifamily 25 UNITS / ACRE 12-16 Acres 300-400 Units

1 Lot Available

Lot

Price $15,571,024 CAD
Price Per AC $973,189.00 CAD
Lot Size 16.00 AC

12-16 Acres. 300-400 units Multifamily Development. Fully Graded with Retention Pond - Ready to Build On Mitigation credits purchased (to be reimbursed to Seller). Ashley Furniture OPEN on Chester Road 3 acre out-parcel. 25 Units Per Acre Approved.

Fairly walkable
40/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
  • Listing ID: 17013500

  • Date on Market: 2019-08-23

  • Last Updated:

  • Address: E State Road 200, Yulee, FL 32097

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