5404 RACE TRACK Road, Jacksonville, FL 32259

$8,900,000
Property Type: Land Lot Size (sq. ft.): 1,873,080 Status: Pending
Current Price: $8,900,000 List Date: 3/11/2022 Last Modified: 2/04/2024

Description

Fully approved 43 acre +/- PUD allowing for up to 125,000 Sq. Ft. of commercial/retail space and 175,000 Sq. Ft. for a multi-sports and recreation center. Preliminary site plan calls for two multi tenant retail strip centers, one free standing restaurant, or retail user, and one free standing gas station/convenience store. Located in St. Johns County, the fastest growing County in Florida, the PUD is located less than 2 miles from The Pavilion at Durbin Shopping Center. The Pavilion at Durbin Park is the first phase of the larger Durbin Park Town Center project, which will include three major anchors, multiple hotels and theaters, and a Bass Pro Shop. The shopping mall, when complete, is expected to be double the size of St. Johns Town Center.

Supplements: Fully entitled PUD300K Sq. Ft. fully approved development Minutes from well established mid-to upper income neighborhoods such as; Julington Creek Plantation, Julington Lakes, Durbin Crossing and Bartram Springs Easy Access via SR 9B/CR 2209 and I-95, directly off Race Track Rd. Development allows for dedicated turn lanes into the property, providing excellent ingress/egress. Approved PUD # ORD2017-15, St. Johns County, Florida All PUD documents are available upon request

More Information MLS# 1002683

Contract Information

Current Price: $8,900,000 Property Sub Type: Unimproved Land Status: Pending List Price: $8,900,000 Listing Contract Date: 2019-02-15 Buyer Brokerage Compensation: 2.5 Transaction Broker Compensation: 2.5 Transaction Broker Compensation Type: %

Location, Tax, and Legal

Street Number: 5404 Street Name: RACE TRACK Street Suffix: Road County: St. Johns State: FL Country: US Postal Code: 32259 Parcel Number: 0235200000 MLS Area Major: 301-Julington Creek/Switzerland Subdivision Name: Durbin Crossing Tax Legal Description: DURBIN CROSSING Zoning Description: PUD Elementary School: Durbin Creek High School: Allen D. Nease

General Property Information

Lot Size Acres: 43 CDD Fee YN: No Association YN: No Waterfront YN: No Directions: South on Phillips Highway to Race Track Road. Turn Right. Drive approx. 2 miles on Race Track. Arrive at 5404 Race Track Road, on left side of street. See for sale signs at entrance to land. Public Remarks: Fully approved 43 acre +/- PUD allowing for up to 125,000 Sq. Ft. of commercial/retail space and 175,000 Sq. Ft. for a multi-sports and recreation center. Preliminary site plan calls for two multi tenant retail strip centers, one free standing restaurant, or retail user, and one free standing gas station/convenience store. Located in St. Johns County, the fastest growing County in Florida, the PUD is located less than 2 miles from The Pavilion at Durbin Shopping Center. The Pavilion at Durbin Park is the first phase of the larger Durbin Park Town Center project, which will include three major anchors, multiple hotels and theaters, and a Bass Pro Shop. The shopping mall, when complete, is expected to be double the size of St. Johns Town Center. List Price/Acre: 206976.74

Status Change Information

Major Change Timestamp: 2023-11-18T21:14:42Z Major Change Type: Price Change Price Change Timestamp: 2021-05-17T13:14:56Z Purchase Contract Date: 2022-02-01

Historical Information

Public Historical Remarks 1: Lot Location-Suburban: Y Public Historical Remarks 2: Lot Description-Well Drained: Y Public Historical Remarks 3: Current Zoning: PUD

Property Features

Approx Parcel Size: 25.1 to 50 Acres Current Use: Commercial; Residential; Retail Lot Features: Irregular Lot; Wooded; Other Sewer: Public Sewer Utilities: Electricity Available Water Source: Public Waterfront Features: Pond Road Surface Type: Asphalt Possession: Negotiable
Listing Office: EWING REAL ESTATE LLC
Last Updated: February - 04 - 2024

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in reciprocal agreements.

Information deemed reliable but not guaranteed.