Completed Subdivision for Sale in Florida /
Georgia line
The subdivision
was appraised in July of 2007 at $9.5 Million retail. We are,
however, asking $5.5 Million. The subdivision is located close
to the Florida/ Georgia line, off of Interstate 95 in Kingsland,
Georgia. There are 96 total lots, 17 of which are on Crooked
River with ocean access. All of the roads are paved with curbs
and gutters. Water, sewer , electric, cable, and fiber optic
lines are also installed to each lot . I will send you pictures,
plats, and anything else you may need. If are interested, or
have any questions please call me at 770-551-5850 and ask for
Telmo, you can also fill out the form below, and I will provide
any information that you may need. Seller is very motivated and
is ready to make you a deal.
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The Florida Times-Union
October 20, 2007
Development could double Kingsland's size
By JILL HELTON, Times-Union Correspondent
KINGSLAND, Ga. - A 15,000-acre development in Kingsland will
more than double the city's area and may bring the most
significant growth the city has seen in 20 years, city officials
said Friday.
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Named The Villages at Kingsland, the site will include as many
as 40,000 homes, 9.5 million square feet of commercial space and
13.5 million square feet of industrial space.
It is located west of U.S. 17 and north of Georgia 40 and,
developer Crescent Resources said, will be built in phases over
the 20 years.
"We hope this will be a great, great opportunity for this
community and this region," Kingsland Mayor Kenneth Smith said.
Smith announced at a news conference Friday that Crescent
Resources, a Charlotte, N.C.-based company, had purchased the
land. The company currently is working with the city to annex
and change the zoning on what is now mostly pine forest.
"We are very enthusiastic about the future of Kingsland and this
property," Crescent Resources spokesman Phil Hayes said in a
prepared release. "By creating a comprehensive master plan for
the entire property, we are able to plan for all the property's
needs for decades to come."
Some of those needs include a fire station, school and a
municipal complex that will help the city serve the residents of
The Villages at Kingsland.
"All of those things have been taken into consideration," said
Gwen Mungin, Kingsland city manager.
Infrastructure, including water and sewer improvements, is
already being addressed, Smith said. He also promised that
current city residents would not be asked to pay for
improvements to the site.
The new development also increases the urgency of widening
Georgia 40, which borders the property along the south and
serves as Camden County's hurricane evacuation route. City and
county officials have been lobbying the Georgia Department of
Transportation for years to move forward with plans improve the
road.
"This causes us to step it up now. I've already warned [the
Georgia DOT] that we squeak pretty loud in South Georgia," Smith
said.
City officials are hoping for some spin-off growth as a result
of The Villages at Kingsland. It also is expected to benefit
many of the existing businesses in Camden County.
"There will be other projects that will probably be coming in
here because of this. Everybody is going to feel the effects of
this," said Ken Kessler, Kingsland planning director.
He said it is an ideal place for warehouses because of its
proximity to the Jacksonville International Airport.
Kessler said the first homes will be built around 2010 and will
offer both affordable and upscale housing. The Villages at
Kingsland could increase the city's population by 80,000 or
90,000 when built to capacity, Smith added.
Crescent Resources, a land management and real estate
development company, is a joint venture of Duke Energy and
Morgan Stanley Real Estate Fund. Those companies are affiliated
with LandMar, which is the developer of Osprey Cove, Winding
River and the former paper mill site in St. Marys. Villages at
Kingsland Residential units: 40,000 Industrial space: 13.5
million square feet Commercial space: 9.5 million square feet
Time to build: 20 years
If you are a Developer, Home Builder, or Land Investor, right
now is the best time to invest in large tracks of land in
Georgia, Many Land Developers are unable to carry the notes on
their projects, therefore, they are ready to make you a deal.
don't wait until the construction sector pick back up to start
buying because if you do, you will be paying premium for the
same land that you can up at 20, 30, 40, or even 50% discount.
Call me, I can help you locate land for sale all over Georgia
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Traditional
Homes of Georgia LLC,
We build spec homes in the Sandy Springs,
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for more information contact us at 770-551-5850
or email us at
tbermeo@kstrealty.com or by
visiting our website
www.kstrealty.com
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tbermeo@kstrealty.com
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