Property ID: 4638144 -
Property ID: 4638144 -
Property ID: 4638144
Type: Recreational Property, Timberland, Undeveloped Land, Hunting Land
Address: Old Brick Road
Description: The Brick Road Mitigation Bank is currently one of Floridas 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
Contact Name: Dean Saunders
Phone Number: 863-648-1528
Address1: 114 N Tennessee Avenue
NOTE: The information contained herein is provided as general information only and has been obtained
from sources deemed reliable. It is provided without any guaranty, warranty or representation,
expressed or implied, made by
Lands of America
who specializes in land for sale, or any related entity, as to the accuracy
or completeness of the information. The information is presented subject to errors, omissions,
change of price or conditions, prior sale or withdrawal without notice. Prospective purchasers
should make their own investigations, projections and conclusions concerning the information.