FOR SALE

49.4 Acres COMMERCIAL / OFFICE

$4,900,000 CASH ($99,190 /Ac)

FULL ENTITLEMENTS RECEIVED

Located at the main entrance to Town Center Palm Coast - A $2 Billion Mixed Use Urban Core Project

401,932 entitled square feet Office / Retail

19.47 acres zoned COM-2, entitled for 161,601 square feet Commercial or Retail

29.93 acres zoned for OFC-2, entitled for 240,331 square feet office

2,350 feet of frontage on I-95 (65,000 cars per day according to the 2010 traffic count)

3,200 feet of frontage on Old Kings Road (4-Lane construction to begin January 2008)



Lot Acres Zoning
1 2.59 COM-2
2 2.33 COM-2
3 6.54 COM-2
4 8.01 COM-2
Subtotal 19.47 COM-2
5 10.84 OFC-2
6 19.09 OFC-2
Subtotal 29.93 OFC-2
Total 49.4 Total
The information above has been obtained from sources believed reliable. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should
conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.