Middleburg Development Site

2334 -2348 Blanding Blvd, Middleburg, 32068, FL

 Description

The subject property consists of a prime 6.93+- acre development parcel with dual street frontages along both the west side of Blanding Blvd. & E. side of Long Bay Road within the Branan Field Master Overlay area in Clay County. The parcel has 539'+- of direct frontage, access & exposure along the west side of Blanding Boulevard with additional frontage, access & exposure of 313'+- along the east side of Long Bay Road. The site is high and dry and presently improved with 3 single family homes that are considered an interim use of the property given growth and changing development patterns in the area. Blanding Boulevard is presently undergoing a road widening in front of the property to keep up with increased traffic resulting from the explosive area growth. Additional roadway improvements include the construction of the First Coast Expressway/SR 23 (aka the Outer Beltway, a limited access toll road) to the north which is playing a significant role in driving new development to the SW Clay County / Middleburg area. The continued proliferation of housing with the addition of thousands of new rooftops will continue to drive commercial development joining the likes of big box retailers including Home Depot, Lowes and Walmart to smaller regional tenants and self storage facilities. Cube Smart Self storage and Atlantic Self Storage, which is in the permitting phase for a new self storage facility. To keep up with the population growth Ascension St Vincents has developed a 106 bed hospital along Branan Field Road with Orange Park Medical Center recently acquiring a 4.6+- acre parcel approximately 1 mile south of the subject for development of a $14MM, 11,000+- SF, 11 bed Emergency Care Center slated for construction in 2022. In addition, the property immediately south of the subject is in the entitlement phase for a reported 140 unit townhome development that includes 2 commercial outparcel pads. The collective momentum of new development combined with expansion of roadway improvements and construction of the First Coast Expressway point to continued and sustainable growth and long term viability of the area. The property falls under a mixed-used BF-PUD zoning classification, which allows for a variety of both commercial and residential uses. Given this, the property is well suited for a variety of uses including, but not limited to mixed-use with residential / commercial, townhome, multi-family, assisted living, independent living, medical, retail and office as well as a number of potential other commercial uses as summarized in the BF Community Center zoning.

Estimated Land Size: 6.93+- acres
Zoning:
BF Community Center – PUD Within Branan Field Master Plan
Frontage:
Blanding – 539’ | Long Bay – 313’
AADT:
37,000 +- Cars (Blanding Blvd.)
Water/Sewer:
Existing Well & Septic - Water/Sewer Being Extended Down Long Bay
Proximity:
Ascension St. Vincents Hospital & Proposed Orange Park Medical Center
Sales Price:
$1,695,000.00

Zoning Classification

The Cordell Group

 Location

The Cordell Group
Commercial Real Estate Broker
Cord Butler, Broker

60 Ocean Blvd., Suite 15
Atlantic Beach, Florida
Phone: (904) 465-1000
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