Saint Augustine, FL
Commercial Real Estate Market Trends & Data

$454 Avg asking sale price
$1,229 Avg asking lease rate
27,886 SF Avg unit lease size
8,518 SF Avg building size for sale
5.78% Average cap rate

Saint Augustine's Demographic Profile

Saint Augustine has 8,986 households and a median income of $74,074, providing context for rent absorption and tenant demand across retail and multifamily assets. A +31% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 19,822
# Households 8,986
Median age 48
Median household income $74,074
Avg household size 2.0
Renter-occupied housing units 3,484
5-year population change +31%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Saint Augustine, FL

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Saint Augustine $387 7,819 SF 6.68%
Hastings $360 3,964 SF 12.74%
Saint Johns $534 10,313 SF 5.64%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Saint Augustine $328 8,428 SF 6.70%
Elkton $228 46,200 SF 6.70%
Nearby Retail Markets Avg Cost/SF Typical Size
Saint Augustine $510 4,283 SF
Hastings $360 3,964 SF
Nocatee $394 3,408 SF
Ponte Vedra $402 1,758 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Palatka $119 21,030 SF 7.50%
Satsuma $119 21,030 SF 7.50%

Commercial Properties For Sale in Saint Augustine

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

2 Dufferin St. and 1 San Carlos Ave.

Saint Augustine, FL

  • $1,295,000
For Sale

Chipotle @ World Golf Village

Saint Augustine, FL 32092

  • 2,448 SF Retail Building
  • 4.50% Cap Rate
  • $4,831,778
For Sale

Walmart Super Center @ World Golf Village

Saint Augustine, FL 32092

  • 24.49 AC Lot
  • 1 Commercial Lot
  • $22,900,000
For Sale

LUV Car Wash - Jacksonville (St Johns) FL

Saint Johns, FL 32259

  • 4,183 SF Specialty
  • 6.50% Cap Rate
  • $6,405,000
For Sale

Building 3

Saint Augustine, FL 32086

  • 11,600 SF Office Building
  • $700,000
For Sale

5961 Sr-A1A

Saint Augustine, FL 32080

  • 4,400 SF Office Building
  • $1,250,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Saint Augustine pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Saint Augustine $454 8,518 SF
Elkton $228 46,200 SF
Hastings $360 3,964 SF
East Palatka $1,097 2,495 SF
Saint Johns $457 12,052 SF

Regional Demographic Comparison

This comparison places Saint Augustine alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Saint Augustine or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Saint Augustine 19,822 8,986 48 $74,074 2 3,484 31%
Elkton 5,249 2,199 52 $72,090 2 334 28%
Hastings 547 192 39 $73,249 3 48 27%
East Palatka 1,093 437 45 $50,172 2 97 2%
Saint Johns 73,873 23,470 41 $142,860 3 2,785 29%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Saint Augustine, FL and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Saint Augustine

View All Commercial Real Estate For Sale in Saint Augustine
Is Saint Augustine a good market for a first-time commercial real estate investor?

Saint Augustine offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Saint Augustine?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Saint Augustine. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Saint Augustine?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Saint Augustine. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Saint Augustine compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Saint Augustine. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Saint Augustine acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Saint Augustine, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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