$11,200,000

$4,200,000
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Overview

24.81 acres

Property Description

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 Details

MLS#

O6348464

Address

96067 CHESTER

City

YULEE

State/county

FL

Zip/Postal Code

32097

Area

Shoppes/amelia Concourse

Country

United States

HOA

Yes

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$105,300

Maint Fee

$--

Tax Year

2024

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Boris Gelfand