28 ACRES MIXED USE DEVELOPMENT SITE

Transcription

1 28 ACRES MIXED USE DEVELOPMENT SITE 490 FLOMICH STREET HOLLY HILL, FL Carl W. Lentz IV, MBA, CCIM Managing Director x103 Tim Davis, CCIM Partner/ Vice President SVN ALLIANCE COMMERCIAL REAL ESTATE ADVISORS 1275 WEST GRANADA BOULEVARD, SUITE 5B, ORMOND BEACH, FL SALE BROCHURE

2 Property Summary OFFERING SUMMARY Sale Price: $1,750,000 Lot Size: 28 Acres Zoning: I-2 & CC-1 & B-5 & R-2 PROPERTY OVERVIEW +/- 28 Acres of mixed use land with approximately 20 acres useable with 1,250 feet of Flomich frontage and 1,250 feet on the railroad track. The property consists of 5 parcels with multiple zoning classifications allowing for a variety of uses. Previous entitlements and approvals by the SJRWMD on the East side of the property include an Industrial Park with over 117,000 square feet of space in 8 buildings. The West portion of the property has plans for up to 77 multi-family units or 20 platted lots for single family residential development. The Northern portion of the property consists of 2.55 acres of land with an existing home fronting the Riviera County Club Golf Course. This may be a continued use with an opportunity to develop additional homes on the property. The State Street corridor along the railroad is a mature industrial market with historically low vacancy rates. Water and Sewer service are available at Flomich. Power is currently run underground to a small building on the Eastern portion of the property and there is a deep water well on site. Engineering, planning and entitlement work was completed in 2008 by Zev Cohen and is ready for application with the City of Holly Hill. Market: Daytona Beach Area Price / SF: $1.43 PROPERTY HIGHLIGHTS Mixed Use Development Site- +/- 28 Acres 1,250 Feet of Frontage on Flomich and Railroad SJRWMD Approval for up to 117,000 SF of Industrial Development Utilities Available at Flomich 20 Platted Residential Lots or 77 Unit Multi-Family Development 28 ACRES MIXED USE DEVELOPMENT SITE 490 FLOMICH STREET, HOLLY HILL, FL SVN Alliance Commercial Real Estate Advisors Page 2

3 Zoning Map 28 ACRES MIXED USE DEVELOPMENT SITE 490 FLOMICH STREET, HOLLY HILL, FL SVN Alliance Commercial Real Estate Advisors Page 3

4 Site Plan 28 ACRES MIXED USE DEVELOPMENT SITE 490 FLOMICH STREET, HOLLY HILL, FL SVN Alliance Commercial Real Estate Advisors Page 4

5 Survey 28 ACRES MIXED USE DEVELOPMENT SITE 490 FLOMICH STREET, HOLLY HILL, FL SVN Alliance Commercial Real Estate Advisors Page 5

6 Location Maps 28 ACRES MIXED USE DEVELOPMENT SITE 490 FLOMICH STREET, HOLLY HILL, FL SVN Alliance Commercial Real Estate Advisors Page 6

7 Demographics Map POPULATION 1 MILE 3 MILES 5 MILES Total population 7,860 57, ,011 Median age Median age (male) Median age (Female) HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES Total households 3,588 24,688 43,372 # of persons per HH Average HH income $42,041 $46,372 $47,700 Average house value $145,722 $171,619 $193,772 * Demographic data derived from 2010 US Census 28 ACRES MIXED USE DEVELOPMENT SITE 490 FLOMICH STREET, HOLLY HILL, FL SVN Alliance Commercial Real Estate Advisors Page 7

8 Advisor Bio CARL W. LENTZ IV, MBA, CCIM Managing Director PROFESSIONAL BACKGROUND Carl W. Lentz IV, MBA, CCIM is the Managing Director at SVN Alliance with over 15 years of experience. The SVN organization is comprised of over 1,600 Advisors and staff in more offices in the United States than any other commercial real estate firm and continues to expand across the globe. Geographic coverage and amplified outreach to traditional, cross-market, and emerging buyers and tenants is the only way to achieve maximum value for our clients. This is why we proactively promote properties and share fees with the entire industry. This is our unique Shared Value Network and just one of the many ways that SVN Advisors create amazing value with our clients, colleagues and communities. In 2016 and 2017, SVN was named the 6th most recognized commercial real estate brand by the Lipsey Company West Granada Boulevard Suite 5B Ormond Beach, FL T x103 C carl.lentz@svn.com FL #BK SVN Alliance is located in Ormond Beach, FL and provides sales, leasing, tenant representation and corporate real estate services in the Greater Daytona Beach Area. SVN advisors represent clients in billions of dollars annually in auction, distressed assets, golf and resorts, hospitality, industrial, institutional capital markets, land and development, medical office, multifamily, office, restaurant, retail self storage, single family rental portfolios and single tenant investments. All SVN offices are independently owned and operated. EDUCATION CCIM MBA- University of Central Florida BA- Emory University Phillips Exeter Academy ACRES MIXED USE DEVELOPMENT SITE 490 FLOMICH STREET, HOLLY HILL, FL SVN Alliance Commercial Real Estate Advisors Page 8

9 Advisor Bio TIM DAVIS, CCIM Partner/ Vice President PROFESSIONAL BACKGROUND Tim Davis comes to the commercial real estate business as a continuation of a lifetime of entrepreneurial endeavors. Founding a few small businesses in his teenage years and onward, they included automotive related manufacturing, multiple retail businesses, and internet startups. He is now practicing commercial real estate with a broad service area in Northeast & Central Florida His commercial real estate career has led to the brokerage of all property types and classes including extensive work with lenders in the troubled assets arena and REO disposition. Since 2009, he has participated in the sale of the largest land parcels on the Atlantic Ocean in Daytona Beach (including sites of the new Hard Rock Hotel and Westin Resort), and as of June 2017, has sold 16 direct oceanfront hotel/condo development sites West Granada Boulevard Suite 5B Ormond Beach, FL T C tim.davis@svn.com Davis is a graduate of the University of Central Florida, with a B.S. in Management & Finance. In addition to real estate, Tim founded two manufacturing companies producing components for the automotive aftermarket. *Since 2009, Tim has brokered commercial troubled(reo) assets for over a dozens of different lenders, from large banks such as Bank of America, Wells Fargo, Suntrust, Regions, Fifth Third, regional banks, and even single branch community banks. *General Partner and sponsor in several syndicates focused on repositioning income properties to unlock yield. * Served as Vice President and General Manager of a international equine company, importing horses from Europe, Arabians and DHH. Mr. Davis has brokered every asset type in all property classes, including land, office, warehouse, multi-family, hospitality, chattel property, Single-Tenant Net Lease Investment property, and retail development sites. These combined skill sets lead to unequalled depth and reach in the northeast central Florida market. Specialties: Industrial Sales, Retail & Hospitality Land, with a focus on Oceanfront Development Sites EDUCATION BSBA University of Central Florida, Management/Finance MEMBERSHIPS & AFFILIATIONS CCIM ICSC 28 ACRES MIXED USE DEVELOPMENT SITE 490 FLOMICH STREET, HOLLY HILL, FL SVN Alliance Commercial Real Estate Advisors Page 9