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

Location, Location, Location. Developers and business owners looking for quality sites on main highways take note. Don't miss your opportunity to acquire this Ultra Prime Location. Literally one of the Last Quality Sites in this high growth corridor surrounding SR 16 and Woodlawn Rd. This is the ONLY full 3+ acre site in the area with pricing at or below $700K/ac. It is now possible to purchase the 920/30 site in conjunction with the neighboring 940 SR 16 site. That affords the new owner roughly 235 feet of frontage on SR 16. CG (Commercial General) zoning allows for most commercial endeavors with the exception of big box, outdoor pallet, car sales etc. Synergy in this corridor is thru the roof. In the last 3 years every site that was available has sold fully developed or is in the construction phase. Traffic count (AADT) of 27,000 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. There are literally 6 new developments in various stages within a 1/4 mile of this site on SR 16. Development #1 is 234 housing units in the 800 block by Madison Street. They started construction last April. Development #2 is a recently finished housing project in the 1100 block by Gatlin Development with over 300 units. Development #3 is a 6 acre project at 1065 SR 16. This sits directly W. of Publix. This is a public storage facility and will be open soon. Development #4 is an emergency medical clinic at 890 SR 16 which is the NE corner of 16 and Woodlawn. This clinic is finished and open now. Development #5 is a new dental office combined with a drive thru coffee shop. The group is planning to start construction at the end of July. Development #6 is a 10,000 sqft veterinarians office directly N. of South State Bank (910 SR 16)on Woodlawn Rd. The site has been cleared and construction should start before the end of the year. (see pics for the 5 development sites).
920/30 SR 16 has 183 feet +/- fronting the busy SR 16. 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!!! Call agent before attempting to view the site.