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Brick Road Mitigation Bank

For Sale: 2945 Acres Priced At $7,000,000 (USD)
Flagler County, Bunnell, Florida, United States
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The Brick Road Mitigation Bank is currently one of Florida’s best opportunities to invest in a fully authorized mitigation bank in one of the hottest development markets in the U.S. It consists of 2,945 acres located in northern Flagler County, Florida - south of CR 204 and West of Old Dixie Highway. Old Dixie Highway is also known as the Historic Old Brick Road and borders the property along the eastern boundary. This is one of the few portions of the Old Dixie Highway left in Florida with the original brick. In 2005, it was added to the U.S. National Register of Historic Places.

Fully approved as a Freshwater Wetland Mitigation by the St. Johns River Water Management District and the U.S. Army Corps of Engineers, the Brick Road Mitigation Bank is authorized for a total of 512 Wetland Credits with a current retail value of $18,000,000. This wetland mitigation bank can sell credits to offset wetland impacts on public or private development projects in Flagler, St. Johns, Volusia, and Putnam Counties.

Conservation Easements attached to mitigation banks typically allow for ongoing forestry operations as well as the use of the property for recreational enjoyment. The easement agreement on Brick Road Mitigation Bank allows for the continuation of these traditional uses, with some modification, on Phases A and B. Phases C and D are not currently encumbered with a conservation easement and have no restrictions on forest operations or hunting.

Tract A: 813 +/- Acres with 155.45 Authorized Wetland Credits

Tract B: 850 +/- Acres with 139.95 Authorized Wetland Credits

Tract C: 643 +/- Acres with 31.47 Authorized Wetland Credits

Tract D: 638 +/- Acres with 85.49 Authorized Wetland Credits

For more information visit:
https://www.saundersrealestate.com/property/brick-ro...

Land Uses & Features
Agriculture • Recreational Property • Timberland

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Property Location
Address: Old Brick Road
City/Town: Bunnell
County: Flagler
Zip/Postal Code: 32110
State / Province:   Florida
Country: United States
   
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Owner / Agent / Sellers Information


Name: Dean Saunders, ALC
Company: SVN Saunders Ralston Dantzler Real Estate
Address: 114 N. Tennessee Ave, 3rd Floor
Lakeland, Florida
33801, United States
Business Phone: 863-648-1528
Website: www.svnsaunders.com
   
SVN | Saunders Ralston Dantzler Real Estate is a full-service land and commercial real estate brokerage with more than $2.8 billion in transactions representing buyers, sellers, investors, institutions and landowners since 1996. We are recognized nationally as an authority on all types of land including agriculture, ranch, recreation, residential development, and international properties. Our commercial real estate services include marketing, property management, leasing and tenant representation, loan sales, valuation, advisory and counseling services for office, retail, industrial, and multi-family properties. Our firm also features an auction company, forestry division, international partnerships, hunt lease management and extensive expertise in conservation easements. Located at the center of Florida’s I-4 corridor, we provide proven leadership and collaborative expertise backed by the strength of the SVN® global platform.


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LSL Listing ID: 44388
















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