Listed by AMILA CELEBIC of FLORIDA HOMES REALTY & MTG LLC
Shovel-Ready Industrial Development Opportunity - Philips Highway Rare opportunity to acquire a fully engineered, shovel-ready industrial site on high-visibility Philips Highway. Property is approved for a 24,000 SF garage/storage development consisting of 16 oversized units (1,500 SF each). All major civil engineering, stormwater, access, and site layout work has been completed, with permits anticipated shortly. No wetlands impact. Zoned IL/LI, allowing a variety of light industrial and commercial uses. Projected gross income exceeds $380,000 annually, making this an ideal opportunity for investors, developers, or owner-users seeking a low-overhead, high-demand asset. Entitled land opportunities of this caliber, in this area, are increasingly rare.

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Federal 30-year interest rate: 6.36% last updated on May 14, 2026. * The above figures are estimates provided by Union Street Media using the FRED® API, and are not endorsed or certified by the Federal Reserve Bank of St. Louis. Check with your lender for actual interest rates.

 "Based on information submitted to Northeast Florida Association of REALTORS as of May 16, 2026 9:46 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

 
 

 

 

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