Monday, August 3, 2015

Ashby Landing Development, St. Johns County, FL


 August 3, 2015

Eddie Segars and Henry Rogers, CCIM, ALC, of Coldwell Banker Commercial Benchmark helped arrange the sale on Dobbs Road Cutoff that yielded Ashby Landing, a mixed use development with frontage on SR 312 and Dobbs in St. Augustine, FL.  The sold listing was of 3.43 acres encumbered by an electric easement, but suitable for acreage calculations to support the number of single family lots needed in the project to be economically feasible.  D. R. Horton Inc. will build close to 200 houses in the subdivision.

 The seller of the 3.43 acres was Toney Properties, LLC, a family group that had invested in scattered acreage in St. Johns County many years ago, mostly along SR 207 close to Wildwood Drive.  Segars and Rogers have brokered several other properties for the family.
 
For help with buying, leasing or selling land, call Henry Rogers at 904-421-8537, or Eddie Segars at 904-421-8559.

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