9833 US-129 Live Oak, FL 32060

Listing agency Saunders Real Estate m***@aol.com Show Phone

Listed by Marvin Puryear · License #FL 3163836

Source Crexi

Added: May 12, 2021 Updated: Jul 6 at 8:14AM Checked: Jul 19 at 7:40AM

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Investment Insights

Based on property information with market context.

This 145-acre parcel is suitable for residential or mixed-use development. Located on US Hwy 129 in Live Oak, Florida, the property is situated in Suwannee County and has been annexed into the City of Live Oak; zoning needs to be established. City of Live Oak water and sewer utilities are located nearby, with existing sewer capacity suitable for large-scale development. The site is level and is located close to retail, schools, and downtown Live Oak. Potential uses include mixed-use, residential development, multifamily development, office, or retail. Residential development may allow 4 to 8 dwelling units per acre. Multifamily base density is 8 to 12 dwelling units per acre, with the potential to reach 20 dwelling units per acre with some workforce-priced housing. The offer is for land only. Merchantable timber will not convey with the land at the list price. The buyer will either have to pay additional for timber or allow the seller sufficient time to harvest timber post-closing.

Key Highlights

• Large 145‑acre parcel suitable for residential or mixed‑use development
• Located on US Hwy 129 in Live Oak, Florida, offering convenient access
• Utilities (water and sewer) are readily accessible from the City of Live Oak

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FAQs

What type of property is this?

Land - 145-acre residential/mixed-use development parcel in Live Oak, Florida.

Where is this land located?

The property is located at 9833 US-129 Live Oak, FL.

What is the asking price?

The asking price for this property is $3,250,000.

What are key features of this property?

This property features: Large 145‑acre parcel suitable for residential or mixed‑use development; Located on US Hwy 129 in Live Oak, Florida, offering convenient access; Utilities (water and sewer) are readily accessible from the City of Live Oak