Drayton-Parker Companies Acquires 10 Acres Of Land In North Jacksonville For $5.3M

Drayton-Parker Companies LLC has acquired approximately 10 acres of land in North Jacksonville for $5.3 million. The property, located at Faye Road and Alta Drive, is expected to undergo development into a retail and commercial project. The project may potentially include hotels, self-storage facilities, retail spaces, and a convenience store.

Summary of transaction details

• Property Type: Land
• Transaction Amount: $5,300,000
• Address: Faye Road & Alta Drive
• Market: North Jacksonville
• Acres: 10

Drayton-Parker Companies LLC served as the buyer in this transaction, while Dames Point Signature LLC, represented by Stephen Leggett, acted as the seller. Gary Montour from Colliers International represented the buyer as their broker, and Shaun Mayberry from Franklin Street represented the seller in the deal.