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WILLIAM YARBROUGH
Coldwell Banker Premier Properties
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Listing Details
Property Type: Commercial Land - Highway Frontage
List Price: $499,000
MLS Number: 267560
Street #: 4
Direction:  
Street Name: Cinnamon Grove Ln
City: Palm Coast
State: FL
Zip Code: 32137
Area: 4-Northern Peninsula
Lot Dimensions: 168 X 316
Acreage: 1.51
Waterfront Feet: 0
Tax ID: 40-10-31-1085-00000-0140
Current Tax Amount: 1489.34
Special Conditions: None
Driving Directions: Palm Coast Parkway west to Oceanshore, north to Cinnamon Grove Village
Public Remarks: Commercial lot on busy Oceanshore Blvd. As part of the original, platted, Cinnamon Grove subdivision, property was approved for a large, 12, 200 square foot office complex and 70 parking spaces. Approval was granted in 2005. Zoning is R/C which allows a variety of low intensity commercial uses. Area is poised for tremendous growth. 168 feet of highway frontage. Close to I95. 25 miles south of St. Augustine, 79 miles from Orlando International Airport, 28 miles from Daytona Beach. 2019 traffic count was 8, 800 cars per day, up from 5, 600 cars per day in 2016. Multiple residential and commercial projects under way all around this property. The Hammock has become a much sought after residential address, close to many Florida attractions and with miles of uncrowded beaches. High-end residential developments and resorts, exclusive golf courses, marinas and highly-rated restaurants surround the property.
Buyers Broker Comp %: 3
Trans Broker Comp %: 3
Non Rep Fee %: 3
Dual/Variable: No