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34482015
34482006

852374 US Highway 17, Yulee, FL 32097 For Sale

WB
FL 3200675
Sarhan Hotel Group
DM
CA 01948432
Sarhan Hotel Group
Listed by Sarhan Hotel Group
$3,750,000
6 days on market
Updated 5 days ago

The Florida Gateway

Details
APN 02-3N-26-0000-0002-0000, 02-3N-26-0000-0002-0030, 02-3N-26-0000-0002-0010
Property Type Hospitality, Mixed Use (+1)
Sub Type Motel, Commercial (+1)
Square Footage 85,000
Keys 156
Tenancy Vacant
Price per SqFt $44
Broker Co-Op True
Class C
Year Built 1982
Year Renovated 2013
Buildings 3
Stories 2
Acreage 7.450
Zoning CHT
Investment Type Redevelopment
Ground Lease No
Ownership Fee simple
Sale Condition N/A

7.45 acres at Florida's first I-95 exit — improvements, licenses & multiple paths

Marketing description

This Offering presents a rare opportunity to control approximately 7.45 acres of commercial ground at Florida's first I-95 exit — Exit 380 at US Highway 17, the first commercial position southbound travelers reach in the state — with a former 156-key hospitality property (≈85,000 SF) already in place. The site offers outstanding interstate visibility, strong regional connectivity, and proximity to Jacksonville, Amelia Island, Fernandina Beach, and the expanding Nassau County growth corridor.

The land leads the story; the improvements sweeten it. Rather than starting from raw ground, a new owner inherits existing structures, surface parking, utility infrastructure, and license documentation — a Florida 4COP-series beverage license (#BEV5500934, incl. tobacco endorsement) and an FDEP wastewater treatment plant permit (FL0116921, current cycle through December 2029), each per ownership documentation, intended to transfer subject to regulatory approvals.

Redevelopment paths include travel center / fuel & QSR, hospitality repositioning, retail (with reported adjoining acreage — assemblage to be independently verified), self-storage or flex, workforce or corporate housing (subject to land-use approvals), or a land-bank hold ahead of the Wildlight / ENCPA build-out ten minutes south. Nassau County has grown ≈18% since 2020, with ≈24,000 homes planned at Wildlight build-out.

The Property is offered at $3,750,000, strictly as-is / where-is; the asset has been closed since 2019 and no operating financials are available. A 45-page Offering Memorandum, comparable land sales, license documentation, and diligence materials are released upon executed Confidentiality Agreement. Ownership will also consider joint-venture proposals on a case-by-case basis, subject to mutually acceptable terms.

Investment highlights

  • Florida's First Exit — Sited at I-95 Exit 380 / US-17: the first interchange southbound travelers reach in Florida, and the last northbound. A position that cannot be recreated.
  • 7.45 Acres, Three Parcels — Interstate-visible commercial ground with room to redevelop, phase, or land-bank ahead of the Wildlight / ENCPA growth wave.
  • Existing Infrastructure — Approx. 85,000 SF of improvements (156 keys) on cleared, level ground: a meaningful head start over ground-up development.
  • 4COP Liquor License #BEV5500934 — Beer, wine & spirits, on/off-premises, incl. tobacco endorsement (per ownership documentation; transfer subject to DBPR approval).
  • Wastewater Treatment Plant Permit FL0116921 — Current-cycle FDEP permit issued Dec 2024, effective through Dec 2029 (per ownership; reactivation requirements to be confirmed).
  • Interstate Exposure — 60,000+ vehicles per day on I-95 at the state line (FDOT-reported; station data available), with direct US-17 frontage and prime signage position.
  • Offered at $3,750,000 — ≈$24K per key / ≈$503K per acre: a fraction of replacement cost. OM and diligence materials released upon executed CA.

Listing Contacts

WB
FL 3200675
Sarhan Hotel Group
DM
CA 01948432
Sarhan Hotel Group
Listed by Sarhan Hotel Group

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Additional Information

Name
David Carlisle
License
BK443069
Brokerage
Keller Williams Eagle Realty
Brokerage Phone
(305) 757-1700
Title
Broker of Record
Brokerage Address
700 NE 90th Street Suite A Miami, FL 33138
Name
William Betancourt
License
3200675
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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