Shovel-Ready Industrial Development Opportunity - Philips Highway
Rare opportunity to acquire a fully engineered, shovel-ready industrial site on high-visibility Philips Highway. Property is approved for a 24,000 SF garage/storage development consisting of 16 oversized units (1,500 SF each).
All major civil engineering, stormwater, access, and site layout work has been completed, with permits anticipated shortly. No wetlands impact. Zoned IL/LI, allowing a variety of light industrial and commercial uses.
Projected gross income exceeds $380,000 annually, making this an ideal opportunity for investors, developers, or owner-users seeking a low-overhead, high-demand asset.
Entitled land opportunities of this caliber, in this area, are increasingly rare.
5310 PHILIPS Highway, Jacksonville, FL, 32207
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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