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    Warehouse on High-Visibility Corner Lot

    3705 Old Lewis Speedway St Augustine, FL 32084

    3705 Old Lewis Speedway, St Augustine, FL, 32084
    $2,350,000
    For Sale
    Claim this Listing
    $2,350,000

    COMMERCIAL - St Augustine, FL

    Property Size13,363 SF
    Lot Size1.09 Acres
    Price / SF$175.86
    AddedFeb 24
    Days on Market140
    Last RefreshJul 14 at 12:06 pm

    Property Features for 3705 Old Lewis Speedway

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Bathrooms
    2
    Rooms
    Bathroom 2, Bathroom 1
    Standard status
    Active
    APN
    082791-0000
    Size
    13,363 SF
    Lot size
    1.09 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    1-1 PT OF LOT 9 SEC 35 & PT OF GRANT TO F J FATIO SEC 99 LYING W OF RD S16-A 253.13FT ON RD OR5266/682
    Tax Annual Amount
    9342

    Building Details

    Year built
    1980
    Floors in Building
    1

    Listing agent Richard O'Brien

    Listing office Coldwell Banker Premier Properties (A1A Beach) 661 A1A Beach Blvd, St. Augustine Beach, FL

    Listing date Feb 24, 2026

    MLS# 260904

    Copyright © 2026 St. Augustine & St. John's County Board of Realtors. 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 commercial property at 3705 Old Lewis Speedway features 1.09 acres with a 13,363 square foot warehouse/office building. The property is currently leased to a custom cabinetry facility with showroom, office, and production space. The site is entitled under the Harwil Fixture Company PUD, allowing a range of Community Commercial uses including office, service, light industrial, cabinet/millwork, trade or vocational schools, galleries, and small appliance repair. Existing improvements include established parking, a loading area, and a 24-foot commercial driveway. The property is located within the City of St. Augustine Utility Service Area and is currently served by well and septic. PUD provisions allow outdoor business operations from 6 AM to 8 PM, with flexible office/support use hours. Positioned within an established "cottage industry" corridor near the St. Johns County Courthouse, Sebastian Middle School, St. Augustine High School, and with convenient SR-16/US-1 access, this property offers centrality and connectivity. The adjoining 1.19 acre vacant corner parcel at 3695 Lewis Speedway is available for purchase separately or in combination, offering expansion, redevelopment, or investment upside.

    Key Highlights

    • Prime 1.09+\/- acre corner commercial property with excellent visibility and access.
    • Includes a 13,363+\/- SF warehouse/office building currently leased, providing immediate income potential.
    • Entitled under Harwil Fixture Company PUD, allowing a wide range of Community Commercial uses.

    Local Financial Insights For Office B

    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 $320.7k $24.00
    − Vacancy −$71.2k −$5.33
    EGI $249.5k $18.67
    − OpEx −$62.4k −$4.67
    NOI $187.1k $14.00
    13,363 SF · lease $24.00/SF/yr · vacancy 22.20% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $2.67M
    $2.34M – $3.12M (±1% cap)
    NOI $187,135 @ 7.0% cap · market cap 7.96%
    Second Best
    Warehouse
    $1.64M
    $1.43M – $1.91M (±1% cap)
    NOI $114,637 @ 7.0% cap · market cap 4.88%
    Theoretical Best
    Office A
    $3.56M
    $3.12M – $4.16M (±1% cap)
    NOI $249,514 @ 7.0% cap · market cap 10.62%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Studio Milano LLC Interior Design City One Design ... Construction Company Mediterranean Design and Development Construction Company Heartland Stone Design ... Building Supply Rosewood Dreams Cabinetry General Contractor

    Suggested Use

    Real Estate Agency Building Supply Restaurant Parking Lot & Garage HVAC Service Auto Parts Store Kitchen & Bath Showroom Nail Salon Spa & Massage Center Plumbing Service

    Zoning and permitted uses should be independently verified with local authorities.

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    FAQs

    What type of property is this?
    Warehouse - Commercial property with warehouse/office building and income potential.
    Where is this warehouse located?
    The property is located at 3705 Old Lewis Speedway St Augustine, FL.
    What is the asking price?
    The asking price for this property is $2,350,000.
    What are key features of this property?
    This property features: Prime 1.09+\/- acre corner commercial property with **excellent visibility and access**.; Includes a **13,363+\/- SF warehouse/office building currently leased**, providing immediate income potential.; Entitled under Harwil Fixture Company PUD, allowing a wide range of Community Commercial uses.
    Contact an agent
    (904) 814-2080
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    Richard O'Brien
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