5865 Arlington Expy - 18.48 Prime Land for Development

Exclusively Listed by the Keyes Company, Consist of Two Parcels next to each other: 14.27 Acres + 4.21 Acres, Total: 18.48 Acres of Land, Zoned Commercial "CCG-2". Both Parcels make up almost the entire Square Block. Pylon Signage on Site with Great Visibility of over 55,000 vehicles per day on busy Arlington Expressway. Amazing Redevelopment Land Opportunity for Serious Investors and Visionaries to make an Amazing and Incredible Development here in this 18.48 Acres of Land. This property use to have 11 Buildings on Site, Now this property sits as Vacant Land ready for a serious Developer to take from here to the Next Level. This is Fantastic Land Cover Play, just asking $745,000 per Acre. Zoning permitted to go 60 Feet Height ( Approximately 5 Story Buildings) of Structures and there is No Maximum Lot Coverage, however Buyer would still need to accommodate the other items of development like landscaping, walkways, etc. FOR BUILDING TOWN HOMES: As per the City of Jacksonville, the Land Use category of MDR (Medium Density Residential) only allows 20 units maximum an acre. The Buyer would need to rezone the property (such as from CCG-2 to PUD, or CCG-2 to RMD-D) and do a land-use amendment (from CGC to RMD) to allow for residential development, both applications would go together and take 5-6 months to complete from submitting the application to final orders being issued for a Project of Building 370 Town Homes, Cost of $37,000 per Town Home. FOR BUILDING MULTI FAMILY: As per the City of Jacksonville, the Buyer would need to rezone the property (CCG-2 to a PUD or from CCG-2 to RHD-A or B), as well as a land use amendment (from CGC to RHD). Both applications would go together and take 5-6 months to complete from submitting the application to final orders being issued. Located right off the Arlington Expressway close to Southside and Atlantic Blvd. Easy access to Downtown Jacksonville, 12 minutes to Jax Municipal Stadium, 17 minutes away to Mayport base/beaches, and 22 minutes to Jacksonville International Airport. Less than 7 minutes to Downtown Jacksonville The subject property is positioned in close proximity to two of Jacksonville’s major roads, the Arlington Expressway approximately (67,000 VPD) and University Blvd (34,000 VPD). Traffic Count: 55,000 AADT from Airlington Expressway Permitted Uses Commercial Community/General-2 (CCG-2): Hotels, Hospital, Nursing Homes, Adult Entertainment, Light Manufacturing, Private Clubs, Banks, including drive-thru tellers Restaurant serving Alcoholic Beverages, Day Care Centers, Churches, Retail Outlets, Boatyards, Commercial Retail Sales and Service Establishments, Retail Sales of New or Used Automobiles, Services Stations, Commercial, Recreational and Entertainment Facilities such as Carnivals or Circuses, Theaters, Athletic Complexes, Arenas, Auditoriums, Convention Centers, Indoor and Outdoor Facilities, Adult Arcade Amusement Centers, Fruit, Vegetable, Poultry or Fish Markets, All Types of Professional and Business Offices Neighbors in this area: College Park, New Winn-Dixie | 100 Residential Units Idea Public School, New K-12 Public Charter School JACKSONVILLE UNIVERSITY: Opening a New Medical School VESTCOR: 240 Unit Affordable Housing Over 92,500 population count and 36,900 Households within 3 miles from the Site Great visibility, exposure and access to/from site DEMOGRAPHIC 5 MILES: Population 205,000 Households 83,100 Average Household Size 2.40 Average Household Income $72,500 Median Household Income $51,000 Median Age 38