Updated Dec 4, 2024
PEBB Enterprises Acquires Development Site In St Johns For $13.25M
1000 County Rd 210, St Johns, FL, USA
$13,250,000
$6/SF
Building Size
2,047,320 SF
Asset Type
Development Site
Closing
Mar 15, 2021
About this deal
AI
A development site located at 1000 County Rd 210 in St Johns has been sold in a closed transaction. The property spans across 47 acres and was sold for a total price of $13,250,000. This translates to a price per acre of approximately $281,915.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: $13,250,000
- Address: 1000 County Rd 210, St Johns
- Market: St Johns
- Acres: 47
- Price per Acre: $281,915
The buyer in this transaction is PEBB Enterprises, represented by Ian Weiner and Falcone Group.
On the Map
$13,250,000
$6/SF
Development Site
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Players
Saint Johns Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.20%
Cash-on-Cash
-0.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93