HICKORY TREE ROAD

Prime opportunity for developer to get in the fastest and hottest area of St. Cloud. Property is across from Jones Homes development known as Twin Lakes and other track home builders such as Richmond American Homes, Hanover Lakes, Dr. Horton, Meritage Homes, Pulte, and Park Square homes. Preliminary Site Plan approved and all public hearings completed with approved site plan for 114 alley loaded townhome lots. Price per key is at $21,500. Currently duplexes across from subject property is selling from $240K to $260K just north of site at approximatley $170 psf. 2+/- Acres adjacet to site can be acquired for commercial usage. Perfect site for TBR's as the FL market is seeing demand in this coridor. 2+/- acres will be parcel outed from the 14 total acres for the commerical component. See PSP and Survey outlining the 12 acres and 2 acre commercial track which can be acquired separately.