Back to Search
Retail Space Near Airport

25 ALSOP Court St Augustine, FL 32095

25 ALSOP Court, St Augustine, FL, 32095
$1,598,000
Pending
For Sale
$1,598,000
Pending

SINGLE_FAMILY - St. Augustine, FL

Property Size4,690 SF
Lot Size3.19 Acres
Days on Market541

Property Features for 25 ALSOP Court

General Information

Property type
Residential
Property subtype
Retail
Accessibility
Accessible Approach with Ramp
Standard status
Pending
APN
0818950010
Size
4,690 SF
Lot size
3.19 Acres

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
2541

Utilities

Heating system
Central
Cooling system
Central Air

Building Details

Floors in Building
1
Number of units
1
Listing Agency ALSOP PROPERTIES INC
77 ALMERIA ST, St. Augustine, FL
Listed by BEAU PINEDA
Added: Jan 23, 2025 Checked: Jul 18 at 2:06 pm
MLS# 2066966

Copyright © 2026 realMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This property offers retail space with ample parking, situated adjacent to Northeast Florida Regional Airport within a newly constructed business park. The property is zoned for Commercial Intensive (CI) use and benefits from a location north of St. Augustine on US-1, providing excellent visibility with 220' of US-1 frontage. This listing pertains to Building 1. Remaining flex buildings are pending construction and intended for office to light industrial enterprises. Flex/Warehouse buildings, each 10,000 square feet, are available separately. The lot size is 3.19 acres and the property size is 4,690 square feet.

Key Highlights

  • Prime retail space with excellent visibility and 220' of US‑1 frontage.
  • Ample parking available.
  • Located adjacent to Northeast Florida Regional Airport.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $84.4k $18.00
− Vacancy −$8.7k −$1.85
EGI $75.7k $16.15
− OpEx −$22.7k −$4.84
NOI $53.0k $11.30
4,690 SF · lease $18.00/SF/yr · vacancy 10.30% · expense 30.00%

Alternative Uses

Best Use
Retail
$757.2K
$662.6K – $883.5K (±1% cap)
NOI $53,007 @ 7.0% cap · market cap 3.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.25M
$1.09M – $1.46M (±1% cap)
NOI $87,572 @ 7.0% cap · market cap 5.48%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Retail properties & Spaces

FAQs

What type of property is this?
Retail property - Prime retail space with ample parking and excellent visibility.
Where is this retail property located?
The property is located at 25 ALSOP Court St Augustine, FL.
What is the asking price?
The asking price for this property is $1,598,000.
What are key features of this property?
This property features: Prime retail space with excellent visibility and 220' of US‑1 frontage.; Ample parking available.; Located adjacent to Northeast Florida Regional Airport.
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message