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920/30 State Road 16 3 Acres of Commercial Land Offered at $2,100,000 in Saint Augustine, FL 32084

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INVESTMENT HIGHLIGHTS

  • Directly Across from Publix Plaza
  • Three new developments just broke ground within the immediate area.

EXECUTIVE SUMMARY

Location, Location, Location. Developers and business owners looking for quality sites on main highways please take note. Don't miss your opportunity to acquire this Ultra Prime Location. Literally one of the Last Quality Sites in this exceptionally high growth corridor surrounding SR 16 and Woodlawn Rd. Synergy in this corridor is thru the roof. In the last 2 years every site that was available has sold and is in the construction phase or will be soon. Traffic count (ADT) in the area is increasing for several reasons. First, Holmes Blvd to the S. of 16 has recently had the first mile of the 312 extension completed. Second, Woodlawn Rd to the N. of 16 is in the process of being widened. Third, there are approx 550 new housing units coming to the immediate area not counting the Tapestry which recently opened a mile to the West. Tapestry is a top end rental community with around 300 units. Please note that the aerial pictures will detail the location of all of the developments around this site for sale. There are literally 6 new developments in various stages within a 1/4 mile of this site. Development #1 is 234 housing units in the 800 block of SR 16. They plan to start construction soon. Development #2 is another housing project in the 1100 block of 16 approved for over 300 units. They are under construction. Development #3 is a 6 acre project at 1065 SR 16 directly W. of Publix where clearing was just completed. Development #4 is an emergency medical clinic at 890 SR 16 which is the NE corner of 16 and Woodlawn. Bldg is under construction. Development #5 is a new dental office combined with a drive thru coffee shop. The group should start construction in the next few months. Development #6 is a 10,000 sqft veterinarians office directly N. of South State Bank on Woodlawn Rd. which is still in the planning stage. (see pics for the 5 development sites).
183 feet +/- fronting the busy SR 16. SR 16 is the main commercial road in and out of Old St. Augustine from I-95. This full 3 acre site is ideally located directly across from the popular Mission Trace Publix Plaza and directly W. of the South State Bank. Site is currently leased and will produce income until the new owner is ready to start construction. Please, Do Not Disturb Tenant!!!

PROPERTY FACTS

Price $2,100,000
Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Mixed Use
  • Daycare Center
  • Department Store
  • Distribution
  • Drugstore
  • Fast Food
  • Healthcare
  • Health Club
  • Medical
  • Office Park
  • Religious Facility
  • Restaurant
  • Retail Warehouse
  • Self Storage
  • Strip Center
Total Lot Size 3.00 AC
No. Stories 1
Zoning CG - General Commercial

1 LOT AVAILABLE

Lot 2

Price $2,100,000
Price Per AC $700,000.00
Lot Size 3.00 AC

This transaction consists of a combination of two parcels totaling 3.01 acres. Those being 920 & 930 SR 16 situated Directly across from the popular Mission Trace Publix Plaza.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 086410-0000
  • 086480-0000
Land Assessment
$186,170
Improvements Assessment
$0
Total Assessment
$354,236
  • Listing ID: 34973621

  • Date on Market: 2/28/2025

  • Last Updated:

  • Address: 920/30 State Road 16, Saint Augustine, FL 32084

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