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Colliers International Smoak Meadow Farm SMOAK MEADOW FARM 3185 State Road 16, Green Cove Springs, FL 32043 Northeast Florida COLLIERS INTERNATIONAL HOLD FOR DEVELOPMENT OPPORTUNITY COLLIERS INTERNATIONAL 1 smoak 16 N Exclusive Offering MORGAN WILLIAMS, MAI BRADLEY COE, MBA, MRE DOUGLAS BLAIR, MSW MATT MCCARTHY, MSRE Associate Director Senior Director Senior Director Client Services Specialist Multifamily Services Multifamily Services Multifamily Services Multifamily Services +1 904 861 1151 +1 904 861 1158 +1 904 861 1101 +1 904 861 1128 [email protected] [email protected] [email protected] [email protected] COLLIERS INTERNATIONAL 2 TABLE OF CONTENTS LOCATION OVERVIEW........................5 TRADE AREA ....................................6 ABOUT THE AREA .............................8 DEMOS & EMPLOYMENT ...................9 DIVERSE ECONOMY ..........................10 TRANSPORTATION & LOGISTICS .......11 EDUCATION & MILITARY ...................12 SPORTS ............................................13 ARTS & ENTERTAINMENT .................14 SHOPPING, DINING & OUTDOORS .....15 CONTACTS ........................................16 Northeast Florida COLLIERS INTERNATIONAL 3 3185 State Road 16 SMOAK MEADOW FARM Green Cove Springs, FL 32043 Property Highlights Physical Characteristics • Good Hold for Development Opportunity • 20± acres with 990’ of frontage on State Road 16 • Current In-Place Lease Covers Holding Costs • Man-Made Lake Suited for On-site Retention • Close proximity to New First Coast Expressway to be completed 2026 • Site is 80% Cleared • In the path of Growth between the Saratoga Springs and Governors Park DRI • No Wetlands and Property is Located Outside the 500-year Floodplain Utilities Municipal • Electric Available at Site • Land Use: AG (Agricultural) • Water and Sewer Connections Within 500 Feet • Zoning: AG (Agricultural) • Natural Gas Located Across State Road 16 Call For Pricing COLLIERS INTERNATIONAL 4 LOCATION OVERVIEW Clay County Total Population: 212,825 Projected Population Growth through 2023: 1.71% Median Household Income: $61,901 Projected Median HH Income Growth Through 2023: 3.03% The Smoak Meadow Farm is located within the path of growth in Central Clay County. Two DRI’s, Saratoga Springs and Governors Park are approved both to the north and south of the LOCATION OVERVIEW property. Together, these properties will include over 10,000 residential units, over 1,000,000 square feet of commercial/retail space, over 1 Million square feet of office, 2 Million square feet of Light Industrial, as well as hotels, active adult uses and golf courses. The site is less than one mile from the First Coast Expressway, which will be complete through the area by 2026, increasing the accessibility of the site and the surrounding area to other parts of the Jacksonville MSA and reducing commute times, overall. The site represents an excellent hold for development opportunity with a current lease with the University of Florida Equestrian Team that covers holding costs on the property. COLLIERS INTERNATIONAL 5 TRADE AERIAL Orange Park Medical First Coast Expy Jennings State Forest Challenger Center TRADE AREA 21 F i r s t C o a s t E x p Saratoga y (Start in 2019) Springs Camp Blanding 16A Reynolds SITE Industrial Park 16 N CP Hall Conference Governors Center Park Source: google earth COLLIERS INTERNATIONAL 6 N RiverRiver PlacePlace N.T.S. d R R Five Points sR s R Five Points i ti t 9090 lvlvd Otis Rd Oti Ot O 95 c B 21510 10 vvdd 95 ntntici 10 BlBl AtlanticAtAtlala Blvd elteelltlt evev osevses RooseveltRooRRoooo Blvd y wyw p xpx E t 1790 rtr Tolls a 134228 HartHaH Expwy 212212 Begin Chaffee Rd lvlvd 2109B Here dydy B maann NormandyNoNormr Blvd 134103 1313 e ve v Ave Av A w d ew e ld l r New New Ne N 13421 or o Blue lakeLake 1717 9595 World Ave World W WorWo Estates 295295 23 Estates 103rd St St. Johns River 202202 10103r3rd SStt 134134 JacksonvilleJacksonville Under NavalNaval AirAir StationStation BrananBranan Construction Field Field 11 d R g rrg u d n bub Rd R an a e lle n d d l an a Collins Rd ddd CoCollllinins RdRd r el e i i Branan Br B Field Rd Fi F MMi d l Argyle Old Middleburg Rd ArArggyyllee OlO ArgyleArgyle ForestFoForerestst BlvdBlvlvd CommunityCommunity FIRST COAST EXPRESSWAYOrangeOrange ParkPark PlantationPlantation Completion 2026 CommunityCommunity 295295 KingsleyKiKingngslsleyey AveAveve PlantationPlaPPllal OakleafOakOOaaak Pkwy anntnta klelealeae KindlewoodKKiindndlelewowoodod DrDr 22421 tatatiotti af iioon P Pkwykkw MandarinMandarin wyy OldOOlldld St Augustine Rd Community StSt Community AuAu gusgugusus tintitinine RR 1313 Rd 2121 Complete d BlvBlBlvlv ingng ndindndid 1717 BlandingBlaBBllala Blvd FlemingFleming OldOOlld JenningsJJeennnniningsgs RdRd IslandIsland FruitFruit CoveCove CommunityCommunity 218220 BlackBlBlacack CreekCrCreeeek MiddleburgMiddleburg 218218 d R y ey e l nl n e 210 Henley Rd He H 210 SandridgeSaSandndrriidgdge RdRd 13 Funded for St.Johns River Construction to Start in 2019 16A To I-95 Pending 218218 Construction N 13423 Funding GreenGreen CoveCove SITE e SpringsSprings idgiiddgdg BrBr d dsds Rd R ndsnnd 1616 hha s ShandsShaShS Bridge rs r e 16 de d 16 n un u a Saunders Rd Sa S COLLIERS INTERNATIONAL 7 First Coast 218315 Expressway 1717 JACKSONVILLE HIGHLIGHTS FORTUNE FORTUNE No Taxes on Corporate Franchises, 837,000+ Inventory, Foreign 1000 500 Labor Force or Personal in the Region Income 4 3 + NATIONAL OR DIVISIONAL 80 HEADQUARTERSHEADQUARTERS 20+ Higher Learning Colleges & Hospital Universities System in the in the Region US 3 Fortune 500 (Mayo Clinic) Companies CSX, FIS & FNF Southeast: How We Stack Up SD ND ABOUT THE AREA US FL GA AL MS NC EDUCATION ATTAINMENT 86.7% 86.9% 85.4% 84.3% 82.3% 85.8% UNEMPLOYMENT RATES 4.1% 3.4% 3.5% 3.7% 5.1% 3.7% MEAN TRAVEL TO WORK 26.1 25.9 27.0 24.2 23.9 23.6 (MINUTES) MEDIAN HOUSEHOLD $55,322 $49,426 $51,244 $44,765 $40,593 $47,830 INCOME nd Jacksonville is ranked the #2 Hot Spot 2 Where Americans are Moving - Realtor.com th Jacksonville is ranked the #5 Fastest 5 Growing City in America - Forbes th Jacksonville is ranked the #7 Best City for Job Seekers - Money 7 COLLIERS INTERNATIONAL 8 DEMOGRAPHICS & EMPLOYMENT DEMOGRAPHIC TRENDS Population 1,345,596 Households 524,146 Median Household Income $56,587 Labor Force 837,000 Unemployment 2.9% Source: Moody's Analytics RECENT RELOCATIONS & EXPANSIONS Top 5 Employers Company Name New Jobs Cap Inv Genpact 800 $7.2M PGA Tour 300 $86M Wayfair 250 $72M DEMOS & EMPLOYMENT JinkoSolar 200 $50.5M 2 VyStar Credit Union 100 $30M 1 4 3 4 Company # of Employees 1 Baptist Health 10,500 2 Bank of America 8,000 5 3 Florida Blue 7,000 4 Mayo Clinic 6,000 5 Southeastern Grocers 5,700 Source: jaxusa.org; google earth COLLIERS INTERNATIONAL 9 DIVERSE ECONOMY Financial Services Named the #5 fastest-growing city in America by Forbes, Jacksonville has the right mix of talent, infrastructure and available space your company needs to succeed. We are more than just sunshine and endless miles of shoreline. Our Aviation & Aerospace diverse economy and innovative spirit spark creativity and collaboration that flow through every part of our community. Health & Life Science DIVERSE ECONOMY Aerospace Healthcare • Boeing • Baptist Advanced Manufacturing • Northrop • Mayo Financial Services • Florida Blue • Deutch • One Call/Aetna Employment • TIAA by Sector • Bank of America Warehousing & Distribution Logistics • Wells Fargo • Amazon Information Technology • FedEx/UPS • CSX • Southeastern Grocers Information Technology • FIS Source: jaxusa.org COLLIERS INTERNATIONAL 10 TRANSPORTATION & LOGISTICS RECOGNIZED AS "AMERICA'S LOGISTICS CENTER" RAIL • Three railroads - CSX (headquartered in Jacksonville), Norfolk Southern and Florida East Coast Railway 3 INTERSTATES SAME-DAY SOUTHEAST ACCESS TO HIGHWAY 61+ MILLION CONSUMERS 75 • Three interstates including I-10, I-75 and I-95 and 17 highways capable of reaching over 61 million consumers in an 8 hour drive 3 RAILROADS AIRPORT • Jacksonville International Airport, one of the most modern airports in the world, just underwent a $300 million upgrade and expansion JACKSONVILLE INTERNATIONAL AIRPORT • 85+ non-stop daily flights, 29 direct U.S. Airports, 115 million TRANSPORTATION & LOGISTICS tons of cargo annually • 8 regional airports 85+ 29+ $300M NON-STOP DIRECT U.S. IN INFRASTRUCTURE SEAPORTS DAILY FLIGHTS AIRPORTS IMPROVEMENTS • JAXPORT is one of the regions three deep-water ports and is the #1 container port complex in Florida. • Over $600 million invested in infrastructure upgrades, from cranes to on-dock rail to deepening the shipping channel to 47 feet with plans to invest another $1.2 billion. • Boasts the widest shipping channel in the Southeast, enough room for two ships to pass at the same time • JAXPORT handled over 9.3 million tons of cargo in 2017 • Port of Fernandina is located at the Florida-Georgia border providing key access to producers in the southeast COLLIERS INTERNATIONAL 11 EDUCATION University of North Florida Established in 1972, the University of North Flor- ida has grown significantly in size and promi- nence - particularly in recent years. Today, UNF #1 school district has an annual economic impact of more than $1 in Florida for 9+ Years (St. Johns County) billion and works closely with community lead- ers and officials to continue to enhance the sig- nificant role it plays in the region. UNF currently enrolls over 16,000 students and is opening a 20+ Higher Learning new Downtown campus with will also include an Colleges & Universities entrepreneurship
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