1679 Shedd Rd Green Cove Springs, FL 32043
This exceptional 20.69-acre property, located at 1679 Shedd Rd in Green Cove Springs, Florida (zip code 32043), presents a compelling investment opportunity. Currently zoned AR (Agricultural Residential District), this land is ideally suited for single-family home development, with plans already in place for 58 units. The property's APN is 05-06-26-015238-000-00. Situated in Clay County, this location benefits from its proximity to the growing Jacksonville Metro area, making it an attractive commuter market. Further enhancing its appeal is the impending completion of Cathedral Oak Parkway, a 3.3-mile road scheduled for early 2025, which will significantly improve connectivity to the First Coast Expressway and surrounding neighborhoods. This fully entitled site offers a streamlined path to development, minimizing delays and maximizing return on investment. The property's agricultural and commercial subtypes provide flexibility for future development plans. This is a rare opportunity to acquire a substantial parcel of land in a rapidly developing area with excellent infrastructure improvements on the horizon. Don't miss this chance to capitalize on the growth potential of Green Cove Springs.
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.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.