Projects

North Florida Motorsports Park

Project facts

Status
Pre-Development
Address
CR 108 (West of I-95)
City
Yulee, Florida
Region
Jacksonville MSA
Submarket
Fernandina Beach; Yulee
Amenity tier
Track-Side
Key amenities
Track Access, Owners' Clubhouse/Lounge, Climate Control, Gated Access & Security
Construction
Tilt Wall
Finish level
Luxury
Flood zone
X

Location Summary

Yulee / Fernandina Beach; Yulee Overview

North Florida Motorsports Park is a planned 600-acre automotive lifestyle destination in northern Nassau County, set on undeveloped timberland off County Road 108 west of Interstate 95, near the Florida Welcome Center and a short run south of the Georgia line. The master plan centers on a racetrack designed by Bobby Rahal, the 1986 Indianapolis 500 winner and International Motorsports Hall of Fame inductee, surrounded by trackside residences, on-site villas, climate-controlled collector garages, a private membership club, a public karting track, a hotel, spa, and conference center, an RV park, a shooting club, and a watersports lake with a marina. The project is proposed, not built: the land, owned by Rayonier through Rayonier Forest Resources LP, must be rezoned from Open Rural to Planned Unit Development and secure a St. Johns River Water Management District environmental resource permit before civil plans go to the county, with a first phase targeted within about two years of the December 2025 announcement.

Positioning is that of a destination gateway between Amelia Island and the Jacksonville metro rather than a neighborhood address. The Jacksonville MSA reached roughly 1.76 million residents in 2024, up about 9.6 percent since 2020, and Florida's absence of a state income tax keeps pulling high-earning households into the First Coast. Within the corridor, Yulee is Nassau County's growth valve for new rooftops and retail, while established Amelia Island resort wealth, home to the region's signature collector-car weekend each March, sits roughly 25 to 30 minutes east of the site.

The immediate trade area is rural and thin, so the buyer pool is a drive-to one: collectors from Amelia Island, Ponte Vedra, and the Jacksonville urban core, plus southeast Georgia. Access is the site's strength, with I-95 a few minutes east, the Yulee commercial spine on State Road 200 roughly 15 minutes south, and Jacksonville International Airport about 25 to 30 minutes south via I-95.

Current Events & Infrastructure

Key Demand Drivers

The subject is its own anchor: a membership track with trackside garages converts a driving hobby into a place, and owners who want secure, climate-controlled space beside the circuit cannot replicate that at a home in Yulee or on Amelia Island. The drivers below widen the surrounding base of employment, retail, and visitors.

Location Highlights

Area Demographics (ACS 2024)

5-Mile Profile: Population 5,441 | Median HH Income $75,026 | HH Earning $150K+ 17.5% | Median Age 41.9 | Age 55+ 34.2% | Seasonal Units 1.2% | Households with 3+ Vehicles 33.4% | YoY Population Growth n/a

Wealth Index: 0.1 / 10 (SCK portfolio-relative)

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