Prime real estate location with excellent visibility in a high barrier-to-entry market with increased land scarcity for build-to-suit or ground-lease development. Subject offering is a commercially zoned, recently cleared 0.556±AC parcel with direct frontage to FL SR A1A (Overseas HWY), which serves as the main thoroughfare for the entire FL Keys community. The site benefits from exposure to over 33K±AADT and features convenient ingress-egress access and a dedicated left-hand turning lane for eastbound traffic on A1A / US-1 / Overseas HWY.
Highlights
0.556±AC Site with Excellent Visibility & Direct Frontage to A1A/US-1 (Overseas HWY) in High Barrier-to-Entry Market
Commercial Zoning Allowing for Wide Range of Uses
Recently Cleared Lot for Build-to-Suit or Ground-Lease Development
Development Regulations and Limited Land Availability provide for Unique Opportunity for Market-Entry via New Construction
Well Situated Adjacent to a Shopping Plaza with Easy Access and Dedicated Turning Lane from A1A
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:
U.S. Public: Many incentives focus on job creation and Affordable Housing
Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.
