New Berlin Land Site

New Berlin Land Site

Jacksonville, FL
Under Contract
  • Property Type: Development/Land
  • Property Size: / 8.8 Acres

Overview

Offering Memorandum Coming Soon

Capstone Land Sales is proud to present the New Berlin Land Development Sitean ±8.5-acre land site conveniently located on New Berlin Road (9,700 AADT) with direct access to HWY 17 (40,000 AADT) and with connectivity to I-295 (172,500 AADT) in Jacksonville, FL. The parcel is currently zoned for Single Family use but will be rezoned to RMD-C, which will allow for a density of up to 15 units per acre. The site is ideal for a luxury townhome project, catering to both young families and the millennial cohort looking to benefit from spacious floorplans and luxury living without the cost of homeownership.

Investment Highlights

Connectivity to Jacksonville’s major employment districts with over 139,000 jobs within a 30-minute commute.

Short commutes to UF Health North Hospital, Jacksonville International Airport (JAX), the Jacksonville Port Authority (JAXPORT), and River City Market Place.

Over 2,280 businesses representing over 22,766 employees within a 5-mile radius of the site.

Strong market fundamentals point to continued growth in the North Jacksonville Submarket.

Contact Information

Cameron Hooper Investment Sales Advisor P: 904.923.5878
O: 800.746.3175 ext. 781
chooper@capstone-companies.com
Jad Richa Managing Director P: 727.282.5547
O: 800.261.9464 ext. 703
jad@capstone-companies.com
Brian Hunsicker Senior Advisor P: 727.631.5870
O: 800.261.9464 ext. 700
h.brian@capstone-companies.com
Nasser Al-Hafi Investment Sales Advisor P: 407.284.7071
O: 800.261.9464 ext. 719
nasser@capstone-companies.com
Tom Huffsmith Investment Sales Advisor P: 321.418.5224
O: 800.261.9464 ext. 706
tom@capstone-companies.com
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