New Offering: ±4-Acre Infill Multi-Family Site Surrounded by Active Development in Jacksonville’s Southbank

Download Offering Materials: River South Development Site

Capstone Land Sales is pleased to present the exclusive listing for River South Development Site, a 4.06-acre land site located in Jacksonville, FL. The development site is ideally located in the Southbank/San Marco area of Jacksonville’s Urban Core, which is one of the fastest-growing rental submarkets in the MSA. Developers have taken notice of the explosive growth within the area and have begun construction on expansive mixed-used projects to provide residents with even more entertainment outlets, most recently the Rivers Edge: Life on the St. Johns. This submarket has seen above-market rent growth for Class A assets and displays developer-friendly fundamentals while maintaining rents at a premium when compared to other Jacksonville submarkets. Located just off I-95, future residents will benefit from enhanced connectivity to Downtown Jacksonville as well as expedited access to I-10. The River South Development Site also benefits from its proximity to an abundance of employers, economic demand drivers, and lifestyle amenities. The River South Development Site is an outstanding opportunity to develop a multi-family community in the rapidly growing Jacksonville market.

Investment Highlights
Adjacent to Jacksonville’s Largest Infill Development: River’s Edge
Proximity to an Abundance of Demand Drivers
Jacksonville’s Rapid Expansion & Capital Investment
Favorable Renter Fundamentals in a Developer-Friendly Submarket

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