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