Property Description
FULLY ENTITLED COMMERCIAL PUD DEVELOPMENT SITE IN PRIME ST JOHNS COUNTY LOCATION - Purchase Price: $4,500,000 - Parcel ID: 0057500010 - Size: 10.64 Acres - Zoning: Planned Unit Development (PUD) - Commercial - Land Use: Mixed Use Rare opportunity to acquire a fully entitled commercial Planned Unit Development (PUD) site along the rapidly growing Race Track Road corridor in St. Johns County, Florida. The property benefits from recorded PUD zoning and an approved Master Development Plan, allowing a wide range of commercial and light industrial uses without the need to rezone. This site is ideally suited for a flex industrial campus, self-storage facility, or a mixed-use commercial development with retail or medical pads fronting Race Track Road. The approved entitlements allow up to 148,500 square feet of total development, providing a highly flexible development program that is increasingly difficult to replicate in this submarket. DEVELOPMENT ENTITLEMENTS Maximum Total Building Area: 148,500 SF Up to 120,000 SF for light industrial Up to 28,500 SF for retail, medical, restaurant, and office uses Single approved access point from Race Track Road Central water and sewer service available (JEA) Wetlands and buffers incorporated into approved Master Development Plan PERMITTED USES (Partial List) Flex industrial and warehousing Self-storage / mini-warehouse Medical and professional offices Retail and service-oriented commercial Grocery and specialty food stores Restaurants with or without drive-thru Financial institutions with or without drive-thru Gas station Car wash Veterinary clinic (no outdoor boarding) Recreational vehicle and boat storage SITE HIGHLIGHTS Frontage along Race Track Road within established commercial corridor Strong surrounding residential growth and household incomes Flexible commercial and light industrial entitlement mix Approved density and uses reduce entitlement risk Ideal for phased development or pad split strategy Suitable for owner-user or developer INVESTMENT SUMMARY This property offers a unique opportunity to acquire an entitled commercial development site in one of St. Johns County's strongest growth corridors. The combination of approved commercial and light industrial uses, proximity to dense residential communities, and recorded PUD zoning provides a high degree of development certainty and flexibility for a wide range of end users and investors.