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Nocatee Development Opportunity. Nocatee Development Opportunity. Nocatee Development Opportunity.

Property Overview

Price/Rent PSF $ 200,000.00
Asset Type Land
Trade Type Sale
Acres Available 17.79
Date Available 12/21/2018
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Description

Location
Located just East of the town of Nocatee which is the fastest growing area of Northeast Florida and the 2nd fastest growing area in the country.

Sale
Property is part of an expired PUD with previous approval to develop up to 45,000 sqft of commercial use to include: Restaurant with alcohol sales, convenience store without gas, retail, office, delicatessen, sporting goods, bait, tackle and boats, boat storage and private clubs. A recent wetland analysis determined that the property is predominately wetlands with only 1.25 acres of uplands. Wetland engineer believes there is a potential to mitigate another 1-1.5 acres.

Property has an existing driveway stub directly onto the upland area of the property was well as a median cut with a turn lane making for a very desirable location even for a small office use. With the cost of mitigation of approximately $150K-$200K, it makes for a very attractive opportunity.

It is the brokers opinion that provided sufficient wetlands can be mitigated, due to it's location to Nocatee, this would make for a perfect boat storage facility.

It is the brokers opinion that provided sufficient wetlands can be mitigated, due to it's location to Nocatee, this would make for a perfect boat storage facility.

Location

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