Auction Information
Online Bidding SiteJACKSONVILLE MSA | EASILY DEVELOPABLE LAND
Heritage Commercial Real Estate, in tandem with Ten-X, is pleased to offer an easily accessible 5-acre plat of land with incredible four-way frontage along State Route 21 and Old Jennings Road. With an ideal location and exceptional access to the surrounding demand drivers, the land is perfectly positioned for future commercial development. Zoned MP, the land is an excellent site for a hotel, restaurant, assisted living facility, nursing facility, self storage facility, or general retail. Thanks to its flexible commercial zoning and ample sizing, 3160 Old Jennings Road can be subdivided and house multiple commercial facilities.
3160 Old Jennings Road lies within a bustling commercial corridor that serves a growing population and consumer base. Over 34,000 residents live within a 3-mile radius. These residents present a healthy consumer base, with their average household income hitti...
3160 Old Jennings Road lies within a bustling commercial corridor that serves a growing population and consumer base. Over 34,000 residents live within a 3-mile radius. These residents present a healthy consumer base, with their average household income hitting nearly $92,000 in 2023. This same demographic also tallied a consumer spending of $402.9 million.
Middleburg is a northern Florida community located in Clay County and approximately 30 minutes from Downtown Jacksonville. Although unincorporated, the area is widely considered a great place to live due to its notable suburban feel and proximity to the Sunshine States Atlantic Coast. According to the US Census Bureau, construction and the retail trade are by far the largest industries supporting the locale and its citizens. The area also offers a strong sense of community when compared to the nearby Jacksonville MSA. Demographics and consumer spending are expected to continue to grow over the next decade. Over the last four years, the population within a three-mile radius has grown by 1.3% annually; growth is expected to increase over the next five years by 1.9% annually.
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