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$35,000,000
109 Days Online

Salem Rd
Salem, OC 59500

For Sale|Land|Active
County:
Out Of Area

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

Salem RdSalem RdSalem Rd
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LOCATION, VISIBILITY AND OPPORTUNITY ARE JUST SOME OF THE REMARKABLE EARMARKS OF THIS COMPLETELY LEVELED, READY TO DEVELOP, AND CENTRALLY LOCATED 58-ACRE COMMERCIAL/RESIDENTIAL LAND TRACT WITH A 1, 000FT OF DIRECT OCEANFRONT AND BEACH ACCESS. THIS “RARE AND UNIQUE" 58-ACRE LAND PARCEL IS IDEAL FOR A MIXED USE DEVELOPMENT THE INCORPORATES LARGE ANCHOR STORES SUCH AS; SUPERMARKETS, BANKS, RESTAURANTS (FAST FOOD/HIGH-END RESTAURANT CONCEPTS), MOVIE THEATRE, HARDWARE STORES, KNUTSFORD EXPRESS AND A HOST OF OTHER WELL NEEDED SERVICES WITHIN CLOSE PROXIMITY OF “VERY UNDER-SERVED AND HIGH NET WORTH COMMUNITIES" (RICHMOND ESTATES, PARADIASIAC BEACH CLUB, CARDIFF HALL, BENGAL BEACH, DISCOVERY BAY AND TRELAWNY) WITH RESIDENTIAL DEVELOPMENT POSSIBILITIES ALONG THE REAR AND OCEANFRONT PARCEL OF THE LAND. THE NEIGHBOURING GATED “NEW OCEANFRONT HOMES" THAT ARE NESTLED JUST ACROSS THE STREET FROM THIS 58-ACRE LAND PARCEL ARE BEING SOLD FOR US$2, 000, 000+ EACH, WITH ABSOLUTELY NO RETAIL SHOPPING OR COMMERCIAL SERVICES WITHIN A 40-MILE RADIUS (OCHO RIOS, DRAXHALL, ST ANN'S BAY AND TRELAWNY ARE THE ONLY “CLOSE AND CURRENT OPTIONS" WHICH ALSO HAVE THEIR RESPECTIVE LIMITATIONS). THIS GEM OF AN OPPORTUNITY IS CONVENIENTLY LOCATED AT THE MAIN ENTRANCE OF THE JEWELS RUNAWAY BAY RESORT AND IS RIPE FOR A PLETHORA OF USES. THE VALUATION REPORT IS OVER THREE YEARS OLD AND REFLECTS A US$29, 000, 000.00 VALUE WITHOUT THE CONSIDERATION OF THE PROPERTY'S MULTI NEW MILLION DOLLAR HOME NEIGHBORS AND OTHERS. A JOINT VENTURE/SELLER FINANCING WITH “MUTUALLY BENEFICIAL TERMS" WILL BE CONSIDERED. THE PROPERTY SITS DIRECTLY ON THE NORTH SOUTH HIGHWAY, WITH AN EXTREMELY HIGH VISIBILITY, AND SEES OVER 800, 000+ VEHICLES “DAILY". THE PRICE IS EXTREMELY NEGOTIABLE AND THE OWNER WILL ENTERTAIN ALL REASONABLE OFFERS. MULTIMILLION DOLLAR VILLAS (https://www.locatorzone.com/advert/palm-beach-at-runaway-bay-runaway-bay-jamaica/) SITS DIRECTLY ACROSS THE STREET FROM THIS GEM OF A PROPERTY AS WELL AS THE JEWEL RUNARAY BAY TO THE REAR OF THE PROPERTY. THERE ARE NO RESTAURANTS, BANKING, SHOPPING, PROFESIONAL OFFICE WITHIN A 10 MILE RADIUS OF THIS HIGH INCOME EVER EVOLVING AREA. “IF YOU BUILD IT, THEY WILL CERTAINLY COME"

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Listing Snapshot
Price 
$35,000,000
Days Online 
109 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
58 Acres
Year Built 
N/A
MLS® Number 
O6190680
Status 
Active
Property Tax 
$400
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 months agoListing updated with changes from the MLS®
4 months agoListing first seen online
General Features
Sewer 
None
Acreage 
58
Water 
Public
Utilities 
Cable AvailableElectricity AvailableSewer AvailableWater Available
Zoning 
LAND
Ownership 
Fee Simple
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Exterior Features
View 
Trees/ Woods
Waterfront Property 
No
Road Frontage 
City Street
Community Features
MLS Area 
99999 - Unknown
Listing courtesy of PRA AND COMPANY REALTORS 754-444-0853



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2024, Stellar MLS.
Data last updated at: 2024-07-14 12:55 PM EDT

Neighborhood & Commute
Source: Walkscore
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