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Investment Highlights

  • Commercial PUD zoning
  • Prime SR 16 frontage and visibility
  • Less than 1,200 feet from Publix-anchored shopping center
  • Nearly 2 acres (two parcels sold together)
  • Across from Elevation Pointe
  • Planned SR 16 expansion and strong growth corridor

Property Facts

Price $1,695,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Carwash
  • Daycare Center
  • Fast Food
  • Office Park
Total Lot Size 1.93 AC
Zoning PUD - Planned Unit Development

1 Lot Available

Lot

Price $1,695,000
Price Per AC $878,238.34
Lot Size 1.93 AC

Two adjacent commercial parcels totaling nearly 2 acres, sold together. Prime SR 16 location across from Elevation Pointe and near the new Publix-anchored center. Commercial PUD zoning offers flexible development potential in a high-growth corridor.

Description

Please note: This is one listing that includes two adjacent parcels with separate addresses, being sold together as a single offering totaling nearly 2 acres. Positioned along the rapidly growing State Road 16 corridor, this exceptional commercial opportunity offers outstanding visibility and future development potential in one of St. Johns County's most active growth areas. The property is strategically located between Mill Creek, Murabella, World Golf Village, and the new Elevation Pointe development currently under construction. Directly across from Elevation Pointe's multifamily community, the site is strategically positioned to benefit from ongoing residential and commercial expansion. Less than 1,200 feet east of the property, the recently opened Publix-anchored shopping center provides a strong retail draw within Elevation Pointe, a master-planned development expected to feature approximately 750 multifamily units and more than 196,000 square feet of commercial space. Adding to the area's momentum, State Road 16 is planned for expansion to five lanes, further improving accessibility and traffic flow. The property's Commercial PUD zoning provides flexibility for a wide range of commercial uses, including banks with drive-thru facilities, convenience stores with fuel sales, car washes, quick-service restaurants with drive-thru service, retail establishments, and other permitted commercial uses, subject to applicable PUD requirements. Included in the sale are Lot 2950 (Parcel ID 0874100030) and Lot 2960 (Parcel ID 0874100000), offered together as one development opportunity in a high-growth corridor.

Not walkable
10/100
Exceptionally drivable
100/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 087410-0000
  • 087410-0030
Land Assessment
$439,182
Improvements Assessment
$0
Total Assessment
$439,182
  • Listing ID: 40881994

  • Date on Market: 6/11/2026

  • Last Updated:

  • Address: 2950 State Road 16, Saint Augustine, FL 32092

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