10 ± Acre Commercial Development Retail Site in Fort White

Investment Overview

10 ± acre split-zoned commercial tract carrying 454.84 feet of US 27 frontage, all of it within the Commercial, General (CG) district and located within the City limits of Fort White. The 2.63 ± acre CG frontage permits retail, restaurant, office, medical and dental, banking, lodging, and vehicular service, giving a buyer a highway pad without a rezone. The remaining 7.37 ± acres sit behind the pad in the Commercial Neighborhood (CN) district. CN permits by right single-family dwelling units, retail outlets for the sale of food, hardware, and drugs, barber or beauty shops, laundry or dry cleaning pickup stations, public parks and recreational facilities, and public and private elementary, middle, and high schools. Day care centers, financial institutions, commercial greenhouses and plant nurseries, places of worship and assembly, home occupations, and public buildings and facilities are available by special use permit. Rezoning the CN portion to CG may be pursued through the applicable land development code process. A proposed Dollar General has received approval for construction on the adjoining parcel to the northwest, the cleared and graded site visible between the subject tract and the highway. National discount retail commitment on the abutting frontage establishes commercial demand on this segment of the corridor and generates daily cross-shopping traffic directly adjacent to the CG pad. US Highway 27 carries 6,100 vehicles per day at the site, per FDOT annual average daily traffic. The tract is unimproved and wooded apart from a cleared interior area within the CN acreage. Ichetucknee Springs State Park lies 6 miles from the site and is the dominant regional visitor draw. The park recorded 224,598 visitors in fiscal year 2022-2023, generating $27,788,125 in direct economic impact and supporting 389 jobs, per the Florida Department of Environmental Protection. Three additional state park units within a short drive recorded a combined 192,378 visits in the same period. Florida State Parks advises that Ichetucknee reaches capacity on weekends and holidays and temporarily closes to arriving visitors.

Investment Highlights

• 10 ± acres split 2.63 ± acres CG on the frontage and 7.37 ± acres CN to the rear
• 454.84 ± feet of frontage on US Highway 27
• 6,100 AADT on US Highway 27
• CG Zoned Tract is approximately 2.63 ± acres
• CN Zoned Tract is approximately 7.37 ± acres (possible to convert over half to CG zoning)
• Approved proposed Dollar General on the abutting parcel to the northwest
• Utilities: North Florida Water Utility, Utilities-Duke Electric, Wastewater-onsite septic