Residential Development Opportunity | 240 Undeveloped Lots with All Zoning Approvals

New Jesup Hwy Brunswick, GA 31523

New Jesup Hwy, Brunswick, GA, 31523
New Jesup Hwy, Brunswick, GA, 31523 New Jesup Hwy, Brunswick, GA, 31523 New Jesup Hwy, Brunswick, GA, 31523 New Jesup Hwy, Brunswick, GA, 31523 New Jesup Hwy, Brunswick, GA, 31523 New Jesup Hwy, Brunswick, GA, 31523
FOR SALE
Property Type:
Padsites
Amount:
$4,080,000
Last Verified:
Oct 09, 2023

Highlights

  • 240 undeveloped lots with all zoning approvals for residential development
  • Opportunity for a build-to-rent community or sell the units fee simple
  • Zoned MR (Medium Residential) which allows for a wide range of uses
  • Permitted uses for MR - https://tinyurl.com/3kstawa9
  • Ideal for future townhome development
  • Property comes with Corp of Engineers Nationwide Permit
  • Traffic counts of 18,900 VPD on Hwy-341
  • Located less than 2-miles from Oak Grove Island that is exclusive to Heritage Oaks Golf Club. Oak Grove Island is a gated community that has over 420 homes within a peaceful serene environment
  • Located 8 miles from Downtown Brunswick, 15 miles from St. Simons Island, 20 miles from Sea Island and 24 miles from Jekyll Island

Description

Bull Realty is pleased to present this residential development opportunity in the coastal Georgia area. Located just 8 miles north of downtown Brunswick, this 240 lot development with all zoning approvals will offer the future developer the opportunity to build townhomes as a build-to rent community or sell the units fee simple. Work force housing is in short supply in the Brunswick area, due to the continued growth in the Sea Island and Saint Simons resort areas. This site is located four miles from the Brunswick Airport for easy access from Atlanta or any neighboring city. Brunswick is the county seat of Glynn County with a population of 23,214 within a 5-mile radius.

The property is located off of Hwy-341 which is the primary access to Brunswick and other surrounding areas to the northwest. The property is located 3-miles from highly traveled I-95. The Port of Brunswick, a major demand driver for the area, is 13 miles/18-minute drive time from the property. It is one of the busiest ports on the Atlantic Coast, and is the 6th busiest automobile port in the United States.

Brunswick, GA

Building Size: 0sq ft
Lot Size: 58.37 acres


Documents

Offering Memorandum

Map of New Jesup Hwy, Brunswick, GA, 31523

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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