+/- 18 acre clyde morris industrial development...+/- 18 acre clyde morris industrial development...

SVN | ALLIANCE COMMERCIAL REAL ESTATE ADVISORS | 1275 WEST GRANADA BOULEVARD, SUITE 5B, ORMOND BEACH, FL 32174 OFFERING MEMORANDUM

+/- 18 ACRECLYDE MORRISINDUSTRIALDEVELOPMENTSITE1492 N. CLYDE MORRIS BLVDDAYTONA BEACH, FL 32117

Tim C. Davis, CCIMPartner/ Vice [email protected]

OFFERING SUMMARY

Pricing Guidance: Contact Broker

Lot Size: 18 Acres; 12

Usable

Zoning/FLU Currently Split

M3/SFR

Future Land Use

is M3

Traffic Count @ Clyde Morris Blvd 12.700

Tax Parcel ID 10153200000023

PROPERTY OVERVIEWSVN is proud to present this +/- 18 acre industrial and/or flex spacedevelopment site. This site has 12 acres of useable land with and 1,750 feet offrontage on Clyde Morris Blvd.

The site's future land use zoning designation is M3, making it ideal forindustrial or flex space use. The southern portion of the property is a FPL&Lutility easement, leaving approximately 12 acres of developable land.

The surrounding area is experiencing unprecedented growth with projects likeLatitude Margaritaville, Tanger Outlets, Tomoka Town Center, and more, all lessthan 2 miles away. Directly across the street is the a $40 million, 400,000 SFB.Braun Distribution facility set to open in May 2018.

PROPERTY HIGHLIGHTS

• +/- 12 Acres net buildable

• 1750 ft of frontage on Clyde Morris

• 1.5 miles from I-95 and LPGA interchange

• Future Land Use Allows M3 Zoning for the entire parcel

Property Summary

+/- 18 ACRE CLYDE MORRIS INDUSTRIAL DEVELOPMENT SITE | 1492 N. CLYDE MORRIS BLVD, DAYTONA BEACH, FL 32117 SVN | Alliance Commercial Real Estate Advisors | Page 2

All SVN® offices are independently owned and operated.

ZONING

General Industrial (M-3).Typical Building Type

1. Purpose. The purpose of the General Industrial (M-3) district is to accommodate industrial and relatedservice and office uses of a larger scale than accommodated by the Local Industry (M-1) district and thatserve regional and national markets. It allows a wide range of industrial service uses, light manufacturing,assembly, and fabrication uses, warehouse and freight movement uses, and wholesale uses.

2. Use Standards. See use tables and use-specific standards in Article 5 and any modified use standardsfor any overlay districts (Section 4.9), subject to the following modifications:a. A sport shooting and training range is prohibited outside an enclosed structure.b. Outdoor storage as an accessory use (Section 5.3.D.17.g.vii) is prohibited in the front yard and any streetside yard or rear yard abutting an arterial or collector street.

Zoning Information



Survey



Aerial Photos



Location Maps



$1 Billion Latitude Margaritaville (Under Construction) -Minto- Development of 6,900-home active adult community300 homes per year to be developed starting in 2018

$100 Million Tanger Outlets (Completed 2016) - Tanger - 80 upscale brand name and designer outlet retailers FirstTanger Outlet developed in Florida - 900 full/part time jobs

$800 Million One Daytona (Under Construction) - ISC - Mixed use retail destination Cobb Theatres, Bass Pro Shops, PFChang's, Guitar Center, Marriott Autograph Collection

$25 Million Hilton renovation (Under Construction) - Starwood Capital - Daytona's largest hotel (744 keys)

$80 Million Trader Joe's Distribution Center (Completed 2015) - 630,000+ SF refrigerated distribution facility Createdestimated 500 new jobs + 100 drivers

$192 Million Daytona Beach Convention Hotel & Condominiums (Under Construction)- Two 300-foot plus towers - 120condos and 501 hotel rooms?

$40 Million Hard Rock Hotel(Completed 2018) - A 200 room hotel completed in March 2018

$40 Million B. Braun Distribution Facility (Under Construction) - expected to be completed in May 2018?.

Investment Activity In The Daytona Beach Market

LAST THREE YEARS -$1.6 BILLION OF INVESTMENT

All SVN® OIces Independently Owned & Operated.The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

TIM C. DAVIS, CCIM

Partner/ Vice [email protected]

svnalliance.com

All SVN® OIces Independently Owned & Operated.The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

TIM C. DAVIS, CCIM

Partner/ Vice [email protected]

svnalliance.com

HOME OF THE "WORLDS MOST FAMOUS BEACH"

Only 50 miles Northeast of Orlando, 100 miles south ofJacksonville and 62 miles north of the Kennedy Space Center

Features tropical climate (average temperaturesapproximately 80 degrees Fahrenheit)

Extremely strong tourist attraction > 9 million visitors peryear

Tourism creates approximately $4.6 billion annually to localretail and hospitality businesses

EASE OF ACCESSIBILITY

Located near the intersection of I-95 and I-4

Third busiest mass transit intersection in the State of Florida

3 Major airports within 60+ miles (41 million passengers in2016)- Daytona beach International Airport, Orlando Airportand Sanford Airport.

EXCEPTIONAL BUSINESS ENVIRONMENT

Public Companies: Brown & Brown (NYSE: BRO), B. Braun,TopBuild (NYSE: BLD), International Speedway Corporation(NASCAR) (NYSE: ISC), Teledyne Oil, Radon, and CTO

SigniHcant number of small and light manufacturing, majordistribution centers, aerospace and defense products, andautomotive.

HIGHER EDUCATION FOOTPRINT

4 Major Universities / CollegesEmbry Riddle Aeronautical University - 5,447 studentsStetson University -4,330 studentsBethune Cookman University -3,964 studentsDaytona State College -13,820 students

ABOUT THE DAYTONA AREAREAL ESTATE

Daytona Area Highlights Map



1275 West Granada BoulevardSuite 5BOrmond Beach, FL 32174T 386.310.7900C [email protected]

PROFESSIONAL BACKGROUND

Tim Davis comes to the commercial real estate business as a continuation of a

lifetime of entrepreneurial endeavors. Founding a few small businesses in his

teenage years and onward, they included automotive related manufacturing,

multiple retail businesses, and internet startups. He is now practicing commercial

real estate with a broad service area in Northeast & Central Florida

His commercial real estate career has led to the brokerage of all property types and

classes including extensive work with lenders in the troubled assets arena and REO

disposition. Since 2009, he has participated in the sale of the largest land parcels on

the Atlantic Ocean in Daytona Beach (including sites of the new Hard Rock Hotel

and Westin Resort), and as of June 2017, has sold 16 direct oceanfront hotel/condo

development sites.

Davis is a graduate of the University of Central Florida, with a B.S. in Management &

Finance. In addition to real estate, Tim founded two manufacturing companies

producing components for the automotive aftermarket.

*Since 2009, Tim has brokered commercial troubled(REO) assets for over a dozens

of different lenders, from large banks such as Bank of America, Wells Fargo,

Suntrust, Regions, Fifth Third, regional banks, and even single branch community

banks.

*General Partner and sponsor in several syndicates focused on repositioning

income properties to unlock yield.

* Served as Vice President and General Manager of a international equine company,

importing horses from Europe, Arabians and DHH.

Mr. Davis has brokered every asset type in all property classes, including land,

office, warehouse, multi-family, hospitality, chattel property, Single-Tenant Net

Lease Investment property, and retail development sites. These combined skill sets

lead to unequalled depth and reach in the northeast central Florida market.

Specialties: Industrial Sales, Retail & Hospitality Land, with a focus on Oceanfront

Development Sites

EDUCATION

BSBA University of Central Florida, Management/Finance

MEMBERSHIPS & AFFILIATIONS

CCIM - Certified Commercial Investment Member

ICSC - International Council of Shopping Centers

TIM C. DAVIS, CCIM

Partner/ Vice President

Advisor Bio



+/- 18 acre clyde morris industrial development...+/- 18 acre clyde morris industrial development...

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