0 Bay Rd Hilliard, FL 32046
This exceptional 22-acre property, located in Hilliard, Florida, presents a unique investment opportunity. The land is predominantly upland (approximately 96%), boasting two distinct stands of planted pine trees – slash pine and loblolly pine, both approximately seven years old. Situated on Bay Road, the property offers approximately 740 feet of road frontage. Its convenient location provides easy access to the amenities of Hilliard and is within a 30-minute drive of Jacksonville, Florida, making it ideal for those seeking a country setting with city proximity. The property is deed-restricted to stick-built homes with a minimum square footage of 1,800 square feet, ensuring the preservation of the area's natural beauty and upscale character. The asking price is $484,000, translating to $22,000 per acre. The property's APN is 13-3N-23-2020-0001-000 partial. This land offers significant potential for a variety of uses, from a private country estate to a future development project, subject to local zoning regulations. The property's location in a growing area further enhances its long-term investment value. This is a rare opportunity to acquire a substantial parcel of land in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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