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    OFF-MARKET
    Commercial real estate

    97320 Cookville Rd, Yulee, FL 32097

    39.93 ac lot
    Property ID
    US18-9262069
    Property summary
    AI-generated overview

    This exceptional 39.93-acre land parcel presents a remarkable residential development opportunity in Yulee, Florida, situated in the desirable Nassau County. Located at 97320 Cookville Rd, Yulee, FL 32097, this single-owner property boasts RS zoning, currently permitting half-acre lots, with potential for smaller lots pending water tie-in approvals to neighboring properties. The site features approximately 30 acres of high and dry, developable land, ideal for creating a variety of residential projects, from custom homes on larger lots to higher-density developments. Existing infrastructure includes a man-made retention pond, simplifying drainage and offering potential for waterfront homes. The property also benefits from 1,000 feet of creek/water frontage and 600 feet of road frontage. This location offers easy access to Fernandina Beach (approximately 6.4 miles away), known for its charming small-town atmosphere and proximity to the Amelia River and beaches. The area is experiencing significant population growth, exceeding state averages, with projections indicating continued expansion. Nearby developments, such as the Wildlight Community (9.3 miles west), showcase the region's robust growth and demand for new housing. The area also benefits from a highly-rated ("A") Nassau County school system, further enhancing its appeal to families. This property represents a compelling investment opportunity in a thriving Florida market, with potential for substantial returns. Seller financing may be available.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 39.93 ac (1,739,351 SF)
    UPID US18-9262069
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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