JACKSONVILLE, FL., – September 12, 2022 – NAI Hallmark, a leading commercial real estate brokerage and property management firm in Jacksonville, announces the sale of Westbury River Estates, a 345.95 acre plot of agricultural land located at 1747 South State Road 19, Palatka, FL 32177. NAI Hallmark Vice President of Land & Development Mike Maschmeyer brokered the transaction of behalf of the Buyer and Seller for $1,800,000.
The property is situated between Buckman Lock Road and Camp Road and adjoins the Majorie Harris Carr Cross Florida Greenway at the St. Johns Loop North Trailhead. The Cross Florida Greenway spans Central Florida from the St. Johns River to the Gulf of Mexico occupying more than 70,000 acres of land in a 110-mile linear park.
“We appreciated the concerted efforts made by all parties to bring this to a mutually satisfactory conclusion for both parties to the transaction” said Mike Maschmeyer, Vice President at NAI Hallmark. Maschmeyer added, “this is the single largest land sale transaction to occur in Palatka County in quite a few years”.
For more information regarding the sale of Westbury River Estates or any questions relating to commercial land and development, please contact Mike Maschmeyer at wm@naihallmark.com.
