Master Planned Community available in Jacksonville MSA. Current Timber and Ranching income available. The Gustafson Ranch was established in 1905 with one cow and grew to one of the largest dairy farms in the U.S. with 10,000 cows on approximately 9,600 contiguous acres at its peak. The ranch is located in Jacksonville, Florida and is an integral part of the growth of both the city and the states transportation infrastructure. For the first time in over 100 years the Gustafson Family plans to sell 3,267 acres known as Governors Park, a Development of Regional Impact, or DRI, planned for residential, commercial and industrial uses. The project is fully entitled with a utilities agreement to provide utilities. Future infrastructure improvements will bring a new interstate through the ranch with its own interchange, I-795, which is already started and expected to be completed in phases over the next 10 years. Currently the ranch is being used, as it has been for most of its history, as a cattle ranch and high-fence hunting preserve. Governors Park features frontage along Governors Creek for over 9 miles. The natural beauty of the ranch is unparalleled in this part of Florida, with over 100' of elevation change across all of its 3,200 acres. There is 492 acres of pasture, 2,227 acres of planted and natural pine and 12 permitted wells ranging from 70 to 1,100 GPM in capacity.
Broker's Comments:
There is not only a tremendous history that goes along with Governors Park, as a historic Florida cattle ranch and dairy operation, but the future of Governors Park is bright and truly special as a regional development and investment. This is a unique opportunity to own a working ranch with incredible natural resources while preserving and creating wealth through appreciation of the underlying dirt and entitlements as the MSA of Jacksonville expands. We are honored to be a part of the transition of this property with such an expert team of advisors and professionals. Hunter Brant, Broker