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1974 State Road 16 - 1974 State Road 16 4.42 Acres of Commercial Land Offered at $2,900,000 in Saint Augustine, FL 32084
INVESTMENT HIGHLIGHTS
- 43000 cars per day
- 225ft frontage
- 0.6 wetlands minimal towards back right half of property
- Right off i-95 exit
- Frontage ~350ft deep dry
- immense development in the vicinity
DATA ROOM Click Here to Access
- Third Party Reports
PROPERTY FACTS
| Price | $2,900,000 | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 4.42 AC |
| Zoning | Commercial Intensive - The Commercial Intensive (C-I) zoning district allows for a wide range of high-traffic and service-oriented commercial uses. | ||
| Price | $2,900,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 4.42 AC |
| Zoning | Commercial Intensive - The Commercial Intensive (C-I) zoning district allows for a wide range of high-traffic and service-oriented commercial uses. |
1 LOT AVAILABLE
Lot
| Price | $2,900,000 | Lot Size | 4.42 AC |
| Price Per AC | $656,108.60 |
| Price | $2,900,000 |
| Price Per AC | $656,108.60 |
| Lot Size | 4.42 AC |
1 PT OF LOT 1 LYING N OF SR 16 E220FT OR6043/1362
DESCRIPTION
Major opportunity for growth along one of Saint Augustine’s main entry corridors. State Road 16 is rapidly growing commercially, as developers grab up land to supplement the insatiable housing demand in the Saint Augustine metro area. Catch highway travelers and commuters into town - 43,000 cars by per day (FDOT). This parcel has 225 ft of frontage with roughly the first 350ft of depth completely dry. 0.6 acres of wetlands are minimal and mostly towards the back half of property. Growth region: With county growth and resident income levels rising, businesses may see potential in serving both local residents and regional traffic. Accessibility & Exposure: State Road 16 is a significant thoroughfare in the area — exposure is a strong asset in commercial site selection. Commercial Intensive zoning: Allows for QSR, Gas Station, Hotel, Recreation, etc. Highly attractive C-I zoning for just about any use. Current tenant(s) are on a month to month basis. **DO NOT DISTURB THE TENANTS ON SITE - BY APPOINTMENT ONLY.
PROPERTY TAXES
| Parcel Number | 087570-0000 | Improvements Assessment | $169,656 |
| Land Assessment | $1,135,660 | Total Assessment | $1,305,316 |
PROPERTY TAXES
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1974 State Road 16 - 1974 State Road 16
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