Size: 30.47 Acres +/- consisting of 2 acres +/- adjoining Canal Road
Plaza and the balance of the property being 28.47 acres +/-.
Location: The property is located in one of the top growth areas of
Glynn County, Georgia; specifically, the Canal Road area anchored
by Canal Crossing and the Harry Driggers Boulevard area which contains two
schools, numerous single-family subdivisions, a major Glynn County park and
major employment centers (e.g., FLETC and the Golden Isles Jetport).
The Property is located three minutes away from what is considered the best new
commercial area in Glynn County. Canal Crossing is a 345,253 square foot shopping
center anchored by Sams Club (134,550 sf), Hobby Lobby (55,000 sf), HomeGoods
(20,000 sf), Academy Sports (63,000 sf), Panera Bread, Panda Express, Moes
Southwest Grill, Cheddars Restaurant, Five Guys Burgers, Tropical Smoothie,
Great Clips, Fuse Yogurt and a Hooters restaurant.
Zoning: The Property is zoned agricultural (FA) but is being offered subject to the
Purchaser rezoning the 28.47 acres +/- to MR (Medium Residential District) which
yields 16 units per acre and rezoning the 2 acres +/- to commercial.
Dollar General: A portion of the 2 acre+/- site is currently proposed for a Dollar
General store. See attached map.
Canal Road: Canal Road running from Canal Crossing to Harry Driggers Boulevard
is projected to be four laned. A median cut is planned in front of the 28.47 acres
+/-. In addition, it is proposed that the curb cut serving Dollar General will provide
access to the 28.47 acres +/-.
Existing Multifamily Projects in Area: The Retreat at Grande Lake is a 192 apartment
complex located on Harry Driggers Boulevard. The Enclave is a 398 apartment
complex located on Glynco Parkway.
Wetlands: According to the attached Estimated Aquatic Resource Sketch the
Property contains 3.3 acres+/- of wetlands.
Price: The asking price for the 28.47 acres +/- is $60,000 per acre. The asking price
for the 2 acres+/- is $335,000.
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