E King Ave
88 Acres of Commercial Land Offered at $10,900,000 in Kingsland, GA 31548
INVESTMENT HIGHLIGHTS
- Subdivision of the property is possible for big box or outparcel users
- Located on the strongest retail corridor in Camden County, GA
- Kingsland and St. Mary's are both positioned to experience strong residential growth
EXECUTIVE SUMMARY
The site is strategically located across GA Hwy 40 from the area’s only Walmart at the intersection of GA Hwy 40 and Kings Bay Road, one of the busiest intersections in Camden County. Placer.ai data ranks this Super Walmart 12th among 153 Super Walmarts in GA. The area’s hospital, Southeast Georgia Health System- Camden Campus, is also nearby. GA Hwy 40 is the main retail corridor in the county. GA 40 crosses I-95 at Exit 3 and runs between Kingsland and St. Mary’s. The Naval Submarine Base Kings Bay, with over 9,000 employees and personnel, is located approximately 4 miles from the site.
Many national homebuilders are currently present in the area and many more are actively securing positions. Available land, utility availability, and a growth favorable regulatory environment have positioned Kingsland and St. Mary’s to experience explosive growth. The market is benefiting from the continuing retiree migration to Southeastern coastal areas as well as spillover growth coming from the Jacksonville, FL market.
TAX ALLOCATION DISTRICT #2- Camden Woods Redevelopment Plan
The City of Kingsland is favorable to commercial development at this site. The property is located in the TAD which will provide tax revenues for the improvement and expansion of infrastructure in the district over the next 6 years.
WETLANDS
The isolated wetlands within the property are actively under review. The property owner is committed to mitigating any wetlands as needed to allow for the usability of the site.
PROPERTY AT REAR
The total parcel is approximately 128 acres. The portion that is actively for sale is the 88acre commercial tract. The rear 40 acres is being reserved by the property owner for future multifamily development. Appropriate utility and access easements will need to be reserved in order to allow for the future multifamily development.
Many national homebuilders are currently present in the area and many more are actively securing positions. Available land, utility availability, and a growth favorable regulatory environment have positioned Kingsland and St. Mary’s to experience explosive growth. The market is benefiting from the continuing retiree migration to Southeastern coastal areas as well as spillover growth coming from the Jacksonville, FL market.
TAX ALLOCATION DISTRICT #2- Camden Woods Redevelopment Plan
The City of Kingsland is favorable to commercial development at this site. The property is located in the TAD which will provide tax revenues for the improvement and expansion of infrastructure in the district over the next 6 years.
WETLANDS
The isolated wetlands within the property are actively under review. The property owner is committed to mitigating any wetlands as needed to allow for the usability of the site.
PROPERTY AT REAR
The total parcel is approximately 128 acres. The portion that is actively for sale is the 88acre commercial tract. The rear 40 acres is being reserved by the property owner for future multifamily development. Appropriate utility and access easements will need to be reserved in order to allow for the future multifamily development.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $10,900,000 |
| Price Per AC | $123,863.64 |
| Lot Size | 88.00 AC |
Development Site for Big Box / Jr Box Retail and Associated Outparcels in rapidly expanding Kingsland/St. Mary's, GA Property may be subdivided for Big Box or Outparcel users depending on terms.
ZONING
| Zoning Code | PDMU (Planned Development Mixed Use) |
