Carmen Mantay represented the seller, Victory Baptist Church, in the sale of 41+ acres of Land zoned PUD located at Duval Road and Cole Road, Jacksonville, FL 32218. The Property is located near the River City Shopping Center in the Northside of Jacksonville with proximity to the Jacksonville International Airport and the new Amazon site. The buyer, Corner Lot Development, is planning a town home development to serve the Northside of Jacksonville that has little townhome inventory and where demand continues to increase for this type of product. The price for this transaction closed at $2,000,000.
Carmen Mantay, VP Brokerage with NAI Hallmark said, “This successful sale has been accomplished with much diligence, persistence, team approach and hard work on both sides. There were many challenges, including some resistance from some of the property neighbors. In the end, all came together and all parties involved have expressed a very positive perspective for what this development will mean and bring to the Jacksonville community. I am humbled by the trust and loyalty Victory Baptist Church leadership, Pastor Stephen Ashmore, and the church elders put in me to help sell this property. It has been four years of work so completing this mission successfully is truly a reward in itself for me.”