Middleburg Outparcel - 1.66 Acre Retail Site Available - Heavily Traveled Trade Area

2530 County Road 220 Middleburg, FL 32068

Middleburg
FOR SALE
Property Type:
Other Land
Amount:
$1,399,999
Last Verified:
Apr 15, 2024

Highlights

  • 1.66 Retial/Commercial Pad Site - Middleburg, FL (Jacksonville MSA)
  • Owner Would Consider Dividing to Fit Needs of User(s)
  • Previously Approved for Express Car Wash
  • Heavily Traveled CR-220 Corridor (32,000+ VPD)
  • Adjacent to 108K SF New Construction Class A Multi-Story Climate-Controlled Self-Storage Facility
  • Ask Sale Price/Lease Terms - $1,399,999 - Seller Would Consider Ground Lease or Build-to-Suit
  • Site Work Completed Includes Clearing/Grubbing, Common Storkwater Pond & Piping Installed, Domestic & Fire Water System, Constructed Left Turn Lane to Existing Median, and Paving/Striping of the Common Drive
  • High Growth Trade Area Featuring Close Proximity to Residential Rooftops

Description

SVN Southland Commercial is pleased to offer a 1.66 acre retail development site along the heavily traveled County Road 220 corridor in Middleburg, FL (Jacksonville MSA). This site features full access through multiple median breaks, along with cross-access through the adjacent Wal-Mart Neighborhood Market. The site is located just east of the CR-220 (32,000+ VPD) and College Drive (20,000+ VPD) intersection. The property immediately adjacent to the west will feature a newly constructed 108K SF Class A multi-story climate-controlled self-storage facility (managed by Extra Space Storage). The future user of the 1.66 acre site will benefit from a shared common drive and master retention pond.

The site was previously designed for an express car wash operator.

The property benefits from shared infrastructure including, in-place stormwater that will be utilized by both the future user of this site along with the adjacent self-storage facility. The property also will include a newly constructed right-in decel lane and a new extended left-in decel lane at the median break along CR-220 entering the site. There is newly constructed common drive with shared cross-access.



The subject property is strategically located along the heavily traveled County Road 220 corridor in Middleburg, FL (Jacksonville MSA). The site is just east of the intersection of County Road 220 (32,000 VPD) and College Drive (20,000 VPD) and features interconnectivity through the adjacent parcels.

The site is located within the affluent Doctor's Inlet sub-market within Clay County. The immediate area has experienced an unprecedented amount of population growth, along with countless new commercial and residential developments, with many more to come in the near future. Median household incomes remain strong at $80,000+ within a 5-mile radius of the site.

The First Coast Expressway (First Coast Expressway – Website), which is a multi-lane, limited access toll road that, once completed, will cross parts of Duval, Clay and St. Johns counties. The First Coast Expressway, connecting I-10 to I-95 is currently in Phase II of construction nearby. The construction of the expressway will continue to generate growth to the immediate area as the expressway will provide direct access to different parts of the region for companies and residents.

In April 2022, Jacksonville ranked as the "5th Hottest Job Market in The United States" according to The Wall Street Journal. The rankings measured five factors: the unemployment rate, labor-force participation rate, job growth, labor-force growth and wage growth in 2021.

Major employers in the immediate area include: HCA Florida Orange Park Hospital, Niagara Bottling (recently began construction on a $70M 550K SF manufacturing facility), Clay Electric Cooperative, Inc., AT&T Wholesale Operations, Pragmatic Works, Ascension St. Vincent's Clay County Hospital, Vallencourt Construction, Inc., Family Medical Centers & Affiliates, among many others.

Lot Size: 1.66 acres

Map of 2530 County Road 220, Middleburg, FL, 32068

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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