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Plummer Road Jacsonville

Updated Oct 27, 2025

Christopher Goodin Of Coastland Group Purchases 695 Acres In Northwest Jacksonville For $12.5M
SOLDDevelopment Site

Christopher Goodin Of Coastland Group Purchases 695 Acres In Northwest Jacksonville For $12.5M

$12,500,000

Building Size

Asset Type

Development Site

Closing

Oct 15, 2025

About this deal

AI

A development site located on Plummer Road in Northwest Jacksonville has been sold for $12,500,000. The size of the asset encompasses 695 acres, providing a substantial area for future projects.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: $12,500,000
  • Address: Plummer Road
  • Market: Northwest Jacksonville
  • Acres: 695
  • Buyer: Christopher Goodin - Coastland Group
  • Seller: Robert C. Taylor & Wendy G. Taylor
  • Mortgage: $6,000,000 from the sellers

The buyer, Christopher Goodin of Coastland Group, plans to convert the acquired raw land into a residential community, signaling a significant development opportunity in the area. This transaction was facilitated through Chris Taylor HDH LLC.

Players

Christopher Goodin

Coastland Group

Buyer

$12.5M

vol

1 deal

Buyer
Coastland Group
Coastland GroupBuyer

Market 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

1.27%

Cash-on-Cash

-0.36%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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