River South Development Site

River South Development Site

Jacksonville, FL
Available
  • Property Type: Development/Land
  • Property Size: / 4.06 Acres / 300 Sites

Overview

Capstone Land Sales is pleased to present the exclusive listing for River South Development Site, a 4.06-acre land site located in Jacksonville, FL. The development site is ideally located in the Southbank/San Marco area of Jacksonville’s Urban Core, which is one of the fastest-growing rental submarkets in the MSA. Developers have taken notice of the explosive growth within the area and have begun construction on expansive mixed-used projects to provide residents with even more entertainment outlets, most recently the Rivers Edge: Life on the St. Johns. This submarket has seen above-market rent growth for Class A assets and displays developer-friendly fundamentals while maintaining rents at a premium when compared to other Jacksonville submarkets. Located just off I-95, future residents will benefit from enhanced connectivity to Downtown Jacksonville as well as expedited access to I-10. The River South Development Site also benefits from its proximity to an abundance of employers, economic demand drivers, and lifestyle amenities. The River South Development Site is an outstanding opportunity to develop a multi-family community in the rapidly growing Jacksonville market.

Investment Highlights

  • Adjacent to Jacksonville’s Largest Infill Development: River’s Edge
  • Proximity to an Abundance of Demand Drivers
  • Jacksonville's Rapid Expansion & Capital Investment
  • Favorable Renter Fundamentals in a Developer-Friendly Submarket

Contact Information

Cameron Hooper Senior Advisor P: 904.923.5878
O: 800.746.3175 ext. 7081
chooper@capstone-companies.com
Brian Hunsicker Senior Advisor P: 727.631.5870
O: 800.261.9464 ext. 7000
h.brian@capstone-companies.com
Tom Huffsmith Investment Sales Advisor P: 321.418.5224
O: 800.261.9464 ext. 7006
tom@capstone-companies.com
William Bruce Investment Sales Advisor P: 904.994.1579
O: 800.261.9464 ext. 7026
wbruce@capstone-companies.com
Bryse Toothaker Managing Director P: 773.802.1726
O: 800.746.3175 ext. 7003
bryse@capstone-companies.com
Charlie Rimkus Director P: 949.923.5542
O: 800.746.3175 ext. 7084
crimkus@capstone-companies.com