1040 State Road 16 - 1020, 1040, 1060 SR-16 2.86 Acres of Commercial Land Offered at $3,500,000 in Saint Augustine, FL 32084

The intersection is located west of U.S. 1 near the Publix at Mission Trace and St. Johns River State College. Excellent redevelopment opportunity located in a high traffic corridor. Roadway Design: The planned SR 313 approach to SR 16 is designed as a six-lane rural facility featuring a 40-foot median and controlled access right-of-way. Active Construction: In late 2025, the county broke ground on a $25 million project to widen SR 16 to four lanes from International Golf Parkway (IGP) to the intersection with the future SR 313/CR 2209 corridor. Infrastructure Features: The intersection is slated to include: - A fully actuated "smart" traffic signal that uses sensors to adjust for traffic volume. - Signal-protected crosswalks for pedestrians and new sidewalks connecting to nearby schools and professional centers. - Enhanced drainage systems and stormwater ponds. Extension Timeline: The northern segment of the St. Johns Parkway/CR 2209 extension (which connects to the SR313 corridor) is expected to reach completion by mid-to-late 2026. Surrounding Area: Recent land clearing at the corner of SR 16 and Woodlawn Rd (near the future SR 313 path) has been reported for the development of new medical offices and a freestanding emergency room. ZONING DISTRICT PERMITTED USES: Vehicle & Storage: RV and boat storage facilities, gas stations, and convenience stores. Large-Scale Retail: Shopping malls, commerce parks, and regional business complexes Food & Entertainment: Restaurants (including those with on-site alcohol sales) and regional cultural or entertainment facilities. Professional Services: Medical and dental offices, veterinary clinics, and animal hospitals