Property profile

7871 State Road 207 Elkton, FL 32033

OFF-MARKET
Commercial real estate
Property ID
US19-0455541
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Property summary

AI-generated overview

This exceptional 70-acre property presents a remarkable opportunity to develop a thriving RV resort. Located in Elkton, Florida, this permitted and approved site is poised to capitalize on the high demand for recreational vehicle accommodations in the area. With approvals in place for 90 or more RV sites, this development offers significant potential for immediate returns. The property boasts a stunning natural setting, featuring a substantial treed preserve and classic Florida landscape, enhanced by a private boardwalk leading to Deep Creek. Its strategic location provides convenient access to major roadways, with I-95 reachable via a direct four-lane route on State Road 207 (approximately 9.5 miles) or a two-lane route on State Road 206 (approximately 8.5 miles). This prime location places guests within easy reach of St. Augustine's renowned attractions, including river and deep-sea fishing charters, biking trails, historical sites, and pristine beaches. The property also benefits from its proximity to the Florida Rails-to-Trails system, a part of the Florida State Park System, bordering the northwest boundary. This unique combination of natural beauty, convenient access, and proximity to popular destinations makes this an unparalleled investment opportunity in the flourishing St. Johns County tourism market. The property is offered at $4,900,000.

Property profile

Verified
Property type Commercial real estate
UPID US19-0455541

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7871 State Road 207 Elkton, FL 32033
Elkton metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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