This Florida mitigation bank for sale is currently one of Florida’s best opportunities to invest in a fully authorized mitigation bank in one of the fastest-growing markets for commercial and residential development in Florida and the United States.
Fully approved as a Freshwater Wetland Mitigation Bank by the St Johns River Water Management District (SJRWMD) and the U.S. Army Corps of Engineers, the Brick Road Mitigation Bank is authorized for a total of 412 Wetland Credits with a current retail value of $18,000,000 or almost double the price of the land.
This Wetland Mitigation Bank can sell these credits to local developers to offset wetland impacts on public or private development projects in Flagler, St. Johns, Volusia and Putnam counties. Populations in both Flagler and St. Johns Counties are forecast to grow over 50% over the next decade.
This Florida mitigation bank has a total of 2,945 acres spread across 4 tracts designated as Phases A though D. Conservation easements are attached to the 1,664 acres in Phases A and B, while the 1,281 acres in Phases C and D have no restrictions on the continuation of forestry operations, hunting and recreation.
The entire tract is currently being managed in compliance with the mitigation bank permit, and a buyer will have the option resume forestry operations on Phases C and D.
Detailed property brochure with price, aerial maps and photos upon request using the form below.