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New Construction Medical Office
For Sale
$2,800,000

100 Deerfield Preserve Blvd One, St Augustine, FL 32086

Proposed vanilla-shell delivery is suited to medical practices and specialty healthcare providers.

Property Size6,900 SF
Price / SF$405.80
Days on Market67

Property Features for 100 Deerfield Preserve Blvd One

General Information

Standard status Active
Size 6,900 SF
Zoning Commercial General

Additional Details

Asking Price $2,800,000

Building Details

Buildings 1
Listing Agency: MARKET FORCE BROKERS LLC
Listed By: JULIE LEMKE · License #BK3224072
Source: Onewinningteam
Added: Aug 21 Changed: Oct 26 Last Checked: Oct 24 at 10:01PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MARKET FORCE BROKERS LLC

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Investment Insights

Based on property information with market context.

Proposed new construction at Deerfield Medical Park is planned as a medical office building delivered in vanilla-shell condition. Commercial General zoning and the stated fit for medical practices and specialty healthcare providers support a range of healthcare-related occupancy plans.

The property is located at 100 Deerfield Preserve Blvd One in St. Augustine, along the SR 207 medical corridor. Nearby healthcare and institutional destinations include the VA CBOC, Borland Groover, Flagler Health+, UF Health St. Johns, Encompass Health, and the University of St. Augustine for Health Sciences. The corridor reports traffic of more than 45,000 vehicles per day.

Key Highlights

  • Proposed new‑construction medical office building
  • Vanilla‑shell delivery provides a flexible interior starting point
  • Commercial General zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$96,628
Cap Rate
3.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,932,560 $1.9M
Cap Rate 7%
$1,380,400 $1.4M
Cap Rate 9%
$1,073,644 $1.1M
Market Conditions
NOI Build-Up for 6,900 SF
Gross rent
$165.6K $24.00/SF
− Vacancy
−$36.8K −$5.33/SF
EGI
$128.8K $18.67/SF
− OpEx
−$32.2K −$4.67/SF
NOI
$96.6K $14.00/SF
Area
St. Johns County, FL
Vacancy
22.20%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,932,560
Cap Rate 7%
$1,380,400
Cap Rate 9%
$1,073,644

Alternative Uses

Best Use
Office B
$1.38M
$1.21M – $1.61M (±1% cap)
NOI $96,628 @ 7.0% cap · market cap 3.45%
Second Best
Healthcare Medical
$1.31M
$1.15M – $1.53M (±1% cap)
NOI $91,809 @ 7.0% cap · market cap 3.28%
Theoretical Best
Office A
$1.84M
$1.61M – $2.15M (±1% cap)
NOI $128,837 @ 7.0% cap · market cap 4.60%
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

Medical Office Space

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Hair Salon Spa & Massage Center Big Box & Wholesale Store

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

Location Intelligence

Trade Area within ½ mile

72
Businesses Nearby
Balanced
Demand for This Use

Demographics for 32086, FL

31,452
Population
15,696
Households
2
Avg Household Size
51
Median Age
33%
College-Educated
92%
High-School Grad
65.8 sq mi
ZIP Area
478
Density / Sq Mi
$74,508
Median Household Income
$40,571
Median Earnings
$1,536
Median Rent
$342,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Medical Office Space - Proposed vanilla-shell delivery is suited to medical practices and specialty healthcare providers.
Where is this medical office space located?
The property is located at 100 Deerfield Preserve Blvd One St Augustine, FL.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: Proposed new‑construction medical office building; Vanilla‑shell delivery provides a flexible interior starting point; Commercial General zoning
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