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Fully Occupied Strip Mall

100 CENTER CREEK Road, St Augustine, FL 32084

For Sale
$3,890,000

Commercial Sale, St. Augustine, FL

Property Size19,796 SF
Lot Size2.51 Acres
Price / SF$196.50
Days on Market115

Property Features for 100 CENTER CREEK Road

General Information

Property type Commercial Sale
Property subtype Retail
Zoning description Commercial/Residential/Office
Parking features Parking Lot
Subdivision Metes & Bounds
Lot features Corner Lot
Directions I95, exit 318 towards St. Augustine, left onto varella Ave., left on Lewis Speedway, left on whispering Brk Dr.
Standard status Active
APN 1028200003
Size 19,796 SF
Lot size 2.51 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 37160

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Central Air
Water source Public

Building Details

Year built 2011
Floors in Building 1
Number of units 18
Flooring type Tile
Building materials Concrete, Stone, Stucco
Roof type Metal, Shingle
Buildings 1
Listing Agency: COLDWELL BANKER VANGUARD REALTY · Coldwell Banker Real Estate
Listed By: Bobbie Jean Demunck · License #3283740
Added: Jul 16 Changed: Oct 27 Last Checked: Nov 7 at 4:06AM
MLS# 2159058

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.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The offering includes a 19,796-square-foot commercial building together with its 2.51-acre site. Built in 2011, the property is fully occupied and configured for retail or office use. Concrete, stone, and stucco comprise the exterior materials, while tile flooring, central air conditioning, and electric central heating support the interior. A metal and shingle roof system completes the improvements.

The property is located at 100 Center Creek Road in St. Augustine, near Lewis Speedway and the SR 16 commercial corridor. Access to US 1, Historic Downtown St. Augustine, nearby residential areas, schools, and local businesses is identified in the property information. The site includes a large parking lot, with public water and public sewer serving the property.

The building and land are being offered together, with current occupancy and established tenants in place. Lease, rent roll, financial, and operating information is available to qualified buyers under a confidentiality agreement.

Key Highlights

  • 19,796‑square‑foot commercial building on 2.51 acres
  • 100% occupied with established tenants in place
  • Built in 2011 with concrete, stone, and stucco construction

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$223,738
Cap Rate
5.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,474,760 $4.5M
Cap Rate 7%
$3,196,257 $3.2M
Cap Rate 9%
$2,485,978 $2.5M
Market Conditions
NOI Build-Up for 19,796 SF
Gross rent
$356.3K $18.00/SF
− Vacancy
−$36.7K −$1.85/SF
EGI
$319.6K $16.15/SF
− OpEx
−$95.9K −$4.84/SF
NOI
$223.7K $11.30/SF
Area
St. Johns County, FL
Vacancy
10.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,474,760
Cap Rate 7%
$3,196,257
Cap Rate 9%
$2,485,978

Alternative Uses

Best Use
Retail
$3.20M
$2.80M – $3.73M (±1% cap)
NOI $223,738 @ 7.0% cap · market cap 5.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.28M
$4.62M – $6.16M (±1% cap)
NOI $369,631 @ 7.0% cap · market cap 9.50%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Strip malls

Suggested Use

Top Pick Real Estate Agency Pharmacy Restaurant Building Supply Skin Care Clinic HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

124
Businesses Nearby
303
Monthly Visits Nearby

Foot Traffic Nearby

Dining 100%
Jimmy's Pizza Dining
303 visits/mo 0.0 miles

Demographics for 32084, FL

34,526
Population
17,839
Households
1.9
Avg Household Size
45
Median Age
32%
College-Educated
91%
High-School Grad
45.1 sq mi
ZIP Area
766
Density / Sq Mi
$72,965
Median Household Income
$38,611
Median Earnings
$1,534
Median Rent
$295,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Strip mall - Established retail property with on-site parking, public water, and public sewer serving the entire commercial site.
Where is this strip mall located?
The property is located at 100 CENTER CREEK Road St Augustine, FL.
What is the asking price?
The asking price for this property is $3,890,000.
What are key features of this property?
This property features: 19,796‑square‑foot commercial building on 2.51 acres; 100% occupied with established tenants in place; Built in 2011 with concrete, stone, and stucco construction
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