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Matanzas Woods Pkwy. & Palm Harbor Pkwy. (Forest Grove Dr.) Palm Coast, FL 32137 • 16± AC commercial parcel available for sale (willing to subdivide) • Substantial traffic increase with access to Palm Harbor Parkway • Conveniently located across from Matanzas High School and well positioned for development with recently completed roadway projects • Direct access to I-95 via Matanzas Woods Parkway interchange (less than 1 mile) • Property adjacent to the prestigious Conservatory Golf Community featuring signature Tom Watson golf course & 340± lot residential community and Hammock Dunes Creek Course • PUD zoning allows for retail, office, hotel (.3 -.5 FAR), and/or multifamily • Utilities available at site, off-site detention provided • Limited commercial land available to serve area PROPERTY FEATURES The Conservatory Mixed-use I-95 Exit 293 $1.7 Million Sale Price: Colliers International | Northeast Florida 76 South Laura Street | Suite 1500 Jacksonville, FL 32202 P: +1 904 358 1206 www.colliers.com/jacksonville This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). ©2013-2018. All rights reserved. Contact us: CHUCK DIEBEL Executive Vice President +1 904 861 1112 [email protected] DOUGLAS BLAIR Managing Director +1 904 861 1101 [email protected] 7373 VIEW ONLINE VIDEO TOUR

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Page 1: The Conservatory Mixed-use I-95 Exit 293 · Matanzas Woods Pkwy. & Palm Harbor Pkwy. (Forest Grove Dr.) Palm Coast, FL 32137 • 16± AC commercial parcel available for sale (willing

Matanzas Woods Pkwy. & Palm Harbor Pkwy. (Forest Grove Dr.)Palm Coast, FL 32137

• 16± AC commercial parcel available for sale (willing to subdivide)

• Substantial traffic increase with access to Palm Harbor Parkway

• Conveniently located across from Matanzas High School and well positioned for development with recently completed roadway projects

• Direct access to I-95 via Matanzas Woods Parkway interchange (less than 1 mile)

• Property adjacent to the prestigious Conservatory Golf Community featuring signature Tom Watson golf course & 340± lot residential community and Hammock Dunes Creek Course

• PUD zoning allows for retail, office, hotel (.3 -.5 FAR), and/or multifamily

• Utilities available at site, off-site detention provided

• Limited commercial land available to serve area

PROPERTY FEATURES

The Conservatory

Mixed-use I-95 Exit 293

$1.7 MillionSale Price:

Colliers International | Northeast Florida76 South Laura Street | Suite 1500

Jacksonville, FL 32202P: +1 904 358 1206

www.colliers.com/jacksonville

This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). ©2013-2018. All rights reserved.

Contact us:CHUCK DIEBEL

Executive Vice President+1 904 861 1112

[email protected]

DOUGLAS BLAIRManaging Director

+1 904 861 [email protected]

7373

VIEW ONLINEVIDEO TOUR

Page 2: The Conservatory Mixed-use I-95 Exit 293 · Matanzas Woods Pkwy. & Palm Harbor Pkwy. (Forest Grove Dr.) Palm Coast, FL 32137 • 16± AC commercial parcel available for sale (willing

7373

Palm Harbor Pkwy

Palm Harbor Pkwy

Palm Harbor Pkwy

Forest Grove Dr

Old Kings Road N

Old Kings Road N

The ConservatoryGolf Course

Matanzas High School

Matanzas High School

Matanzas High School

The Hammock Beach Resort

I-95 Access

Matanzas Woods Pkwy

Old Kings Road N

Page 3: The Conservatory Mixed-use I-95 Exit 293 · Matanzas Woods Pkwy. & Palm Harbor Pkwy. (Forest Grove Dr.) Palm Coast, FL 32137 • 16± AC commercial parcel available for sale (willing

FOR SALE > LAND

Area Amenities CentersMATANZAS WOODS PKWY. & PALM HARBOR PKWY. (FOREST GROVE DR.), PALM COAST, FL 32137

1 The Conservatory Golf Course 4 Palm Harbor Golf Club 7 Indian Trails Middle School

2 Hammock Dunes Club 5 Matanzas High School 8 Pine Lakes Golf Course

3 Hammock Beach Resort 6 Belle Terre Elementary School 9 Palm Harbor Academy

SITE

NORTH

7373

Page 4: The Conservatory Mixed-use I-95 Exit 293 · Matanzas Woods Pkwy. & Palm Harbor Pkwy. (Forest Grove Dr.) Palm Coast, FL 32137 • 16± AC commercial parcel available for sale (willing

Multifamily & ALF/Memory Care Senior Living

2

34

1

234

9

87

105

1

5

NORTH

1 Old Kings Road 6 Sabal Palms

2 Tuscan Gardens 7 Brookdale

3 Market Street Memory Care 8 Grand Oaks Health & Rehabilitation

4 Azure/Straling Palm Coast 9 Princeton Village of Palm Coast

5 The Windsor of Palm Coast 10 Las Palmas

1 Integra Woods

2 Pine Lake

3 Reserve at Brookhaven

4 Madison Green

5 Beach Village

1 61

2 72

3 83

4 94

5 105

ALF/Memory Care Senior Living*Multifamily

* #1 is an age restricted community of 55+. #2 - #7 are ALF’s/Memory Care. #8 is Nursing Care. #9 - #10 are ILF’s/ALF’s/Memory Care.

6

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SITE

Page 5: The Conservatory Mixed-use I-95 Exit 293 · Matanzas Woods Pkwy. & Palm Harbor Pkwy. (Forest Grove Dr.) Palm Coast, FL 32137 • 16± AC commercial parcel available for sale (willing

Residential Development

2013 2014 2015 2016 2017

Single-Family Detached Dwelling Units 193 320 345 356 555

Single-Family Attached Dwelling Units (Townhome/Duplex) 0 2 12 6 16

Multi-Family Dwelling Units 0 96 61 0 0

Total Dwelling Units 193 418 418 362 571

Residential Construction Completed Table (2013—2017)

Residential Construction Completed Chart (2013-2017)

7373

Page 6: The Conservatory Mixed-use I-95 Exit 293 · Matanzas Woods Pkwy. & Palm Harbor Pkwy. (Forest Grove Dr.) Palm Coast, FL 32137 • 16± AC commercial parcel available for sale (willing

Figure 2.6 — Residential Building Permits Issued Map (2017) . Section 2

9

Figure 2.6 — Residential Building Permits Issued Map (2017) . Section 2

9

NORTH

Residential Building Permits Issued Map (2017)

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Page 7: The Conservatory Mixed-use I-95 Exit 293 · Matanzas Woods Pkwy. & Palm Harbor Pkwy. (Forest Grove Dr.) Palm Coast, FL 32137 • 16± AC commercial parcel available for sale (willing

Existing Vacant Residential LotsFigure 2.10 — Existing Vacant Residential Lots Map (2017)

.

Section 2

13

# Total Lots

Occupied Lots

Vacant Lots % Vacant

16 346 41 305 88.15%18 1,097 662 435 39.65%19 1,415 789 626 44.24%20 22 2 20 90.91%25 865 553 312 36.07%26 2,043 1,372 671 32.84%27 778 569 209 26.86%28 241 119 122 50.62%29 1,885 1,176 709 37.61%30 1,041 815 226 21.71%31 1,102 825 277 25.14%33 604 451 153 25.33%34 805 609 196 24.35%35 1,308 1,064 244 18.65%36 470 308 162 34.47%38 2,352 1,874 478 20.32%39 916 784 132 14.41%41 285 280 5 1.75%43 232 209 23 9.91%44 418 412 6 1.44%49 859 703 156 18.16%57 220 220 0 0.00%62 1,189 928 261 21.95%63 1,501 1,299 202 13.46%64 1,184 974 210 17.74%65 1,709 1,178 531 31.07%66 583 525 58 9.95%67 32 31 1 3.13%68 1,443 1,358 85 5.89%69 1,298 854 444 34.21%70 1,554 966 588 37.84%72 75 0 75 100.00%73 186 162 24 12.90%74 1,715 1,110 605 35.28%75 1,453 930 523 35.99%76 2,025 1,168 857 42.32%78 349 280 69 19.77%80 894 546 348 38.93%81 1,125 703 422 37.51%82 1,245 791 454 36.47%83 1,761 965 796 45.20%85 2,153 1556 597 27.73%86 0 312 42.62%112 732 442 290 39.62%114 1,309 532 777 59.36%122 742 425 317 42.72%123 1,139 574 565 49.60%124 3,174 1,297 1877 59.14%132 323 180 143 44.27%

TOTAL 50,197 33,611 16,586 33.04%

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7373

Page 8: The Conservatory Mixed-use I-95 Exit 293 · Matanzas Woods Pkwy. & Palm Harbor Pkwy. (Forest Grove Dr.) Palm Coast, FL 32137 • 16± AC commercial parcel available for sale (willing

Figure 3.2 — Non-Residential Construction Completed (2017) . Section 3

15

Figure 3.2 — Non-Residential Construction Completed (2017) . Section 3

15

NORTH

Non-Residential Construction Completed

7373

SITE

Page 9: The Conservatory Mixed-use I-95 Exit 293 · Matanzas Woods Pkwy. & Palm Harbor Pkwy. (Forest Grove Dr.) Palm Coast, FL 32137 • 16± AC commercial parcel available for sale (willing

Non-Residential Building Permits Issued Map

Figure 3.4 — Non-Residential Building Permits Issued Map (2017)

. Section 3

17 TAZ Sq. Ft. Description

Aldi Grocery Store @ Shoppes of Palm Coast 86 17,849 Retail Building

Starbucks @ Island Walk 42 2,064 Food/Drinking Establishment

Starbucks @ Shoppes of Palm Coast 86 2,200 Food/Drinking Establishment

Tuscan Gardens @ Palm Coast (Building 1 & 2) 66 135,883 Assisted Living Facility

Taco Bell @ Shoppes of Palm Coast 86 1,961 Food/Drinking Establishment

IHOP @ Island Walk 42 4,641 Food/Drinking Establishment

Flagler Palms Cemetery Mausoleum Addition 115 1,697 Cemetery

Watercrest Memory Care 50 45,952 Memory care/64 units

Palm Coast Community Center 58 18,330 Community Center

Chipotle 86 5,896 Food/Drinking Establishment

Arts Foundation Restrooms (2 Buildings) 86 3,104 Restroom Facilities

Indian Trails Sports Complex Restroom Addition 24 1,472 Restroom Facilities

Summary of Non-Residential Building Permits Issued in 2017 241,049 Sq. Ft. of non-residential

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Page 10: The Conservatory Mixed-use I-95 Exit 293 · Matanzas Woods Pkwy. & Palm Harbor Pkwy. (Forest Grove Dr.) Palm Coast, FL 32137 • 16± AC commercial parcel available for sale (willing

Population Current-Year

OLD KINGS RD N AT FOREST GROVE DRPALM COAST,FL 32137

Coord: 29.599382, -81.231912Radius - See Appendix for Details

© 2006-2012 TomTom

Tues Sep 23, 2014

Prepared By: Prepared For:

2of1PagePrepared on: Nielsen Solution Center 1 800 866 6511

© 2014 The Nielsen Company. All rights reserved.

FOR SALE > LAND

Demographic SummaryMATANZAS WOODS PKWY. & PALM HARBOR PKWY. (FOREST GROVE DR.), PALM COAST, FL 32137

Legend

Interstate HighwaysUS HighwaysState HighwaysMajor HighwaysMajor RoadsRoadsRailroadsHydrographyBlock GroupsCY Total Population (Est.)144 to 1,0931,093 to 1,760

1,760 to 2,0682,068 to 2,6602,660 to 3,516StateOcean

2017 DEMOGRAPHICS 1-Mile 3-Mile 5-Mile2017 Estimated Population 2,176 30,970 50,4902022 Projected Population 2,408 34,068 55,5442017 Median Age 52.5 52.2 53.4INCOME2017 Average HH Income $61,761 $67,912 $69,005HOUSING2017 Total Housing Units 894 12,484 20,8482017 Owner Occupied 693 9,571 15,8902017 Renter Occupied 201 2,913 4,958

Source: Esri Business Analyst Online

DEMOGRAPHIC SUMMARY

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Page 11: The Conservatory Mixed-use I-95 Exit 293 · Matanzas Woods Pkwy. & Palm Harbor Pkwy. (Forest Grove Dr.) Palm Coast, FL 32137 • 16± AC commercial parcel available for sale (willing

Community Profile

7373

Businesses and Jobs

Flagler County has a total of 3,282 businesses. In 2017, the leading industries in Flagler County were Health Care and Social Services, Retail Accomodation and Food Services, and Education.

People

The total population of Flagler County is 111,563. The median age is 50.22.

Page 12: The Conservatory Mixed-use I-95 Exit 293 · Matanzas Woods Pkwy. & Palm Harbor Pkwy. (Forest Grove Dr.) Palm Coast, FL 32137 • 16± AC commercial parcel available for sale (willing

Community Profile

7373

Income and Spending

Households in Flagler County earn a median yearly income of $52,406. 30.33% of the households earn more than the national average each year. Household expenditures average $51,722 per year. The majority of earnings get spent on Shelter, Transportation, Food and Beverages, Health Care and Utilities.

Labor Force

Flagler County has a labor force of 43,870 people, with an unemployment rate of 3.7%

Page 13: The Conservatory Mixed-use I-95 Exit 293 · Matanzas Woods Pkwy. & Palm Harbor Pkwy. (Forest Grove Dr.) Palm Coast, FL 32137 • 16± AC commercial parcel available for sale (willing

Community Profile

7373

Educational Attainment

The majority of the population in Flagler County has a high school degree, and 33.04% have a college degree.

Housing

There are 215% more households who own their homes than there are renters.

Taxes

Transportation

Residents spend an average of 24 minutes commuting to work. Flagler County is served by 24 airports within 50 miles. Rail can be accessed within the community. Interstates can be accessed within the community.

Page 14: The Conservatory Mixed-use I-95 Exit 293 · Matanzas Woods Pkwy. & Palm Harbor Pkwy. (Forest Grove Dr.) Palm Coast, FL 32137 • 16± AC commercial parcel available for sale (willing

Accelerating success.

NORTHN Old Kings Rd

Mantanzas Woods Pkwy

N Oceanshore Blvd

SITE

This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). ©2013-2018. All rights reserved.

Colliers International Northeast Florida

76 South Laura Street | Suite 1500 Jacksonville, FL 32202

P: +1 904 358 1206www.colliers.com/jacksonville

CHUCK DIEBELExecutive Vice President+1 904 861 [email protected]

DOUGLAS BLAIRManaging Director+1 904 861 [email protected]

7373