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2950 State Road 16 - 2950 & 2960 State Road 16 1.93 Acres of Commercial Land Offered at $1,695,000 in Saint Augustine, FL 32092



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 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.93 AC |
| Property Type | Land | ||
| Zoning | PUD - Planned Unit Development | ||
| Price | $1,695,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.93 AC |
| Zoning | PUD - Planned Unit Development |
1 Lot Available
Lot
| Price | $1,695,000 | Lot Size | 1.93 AC |
| Price Per AC | $878,238.34 |
| 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.
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $439,182 | Total Assessment | $439,182 |
Property Taxes
Presented by
2950 State Road 16 - 2950 & 2960 State Road 16
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