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    2898 Us Highway 1 S St Augustine, FL 32086

    For Lease
    $4,900,000

    Versatile property with showroom, auto bays, and redevelopment potential.

    Property size:
    15,630 SF
    Lot size:
    4.09 Acres

    Property Features for 2898 Us Highway 1 S

    General Information

    Size
    15,630 SF
    Lot size
    4.09 Acres

    Source: NAI Hallmark | Jacksonville Agent Austin Kay

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Auto Sales and Service

    This 4.07-acre property features two buildings, totaling 15,630 square feet. The main building offers 11,938 square feet, including a 3,692-square-foot auto bay. An additional 2,496-square-foot building is located on the north end of the property. The property includes ten garage bays, a dealership showroom, a waiting area, and a covered canopy. The additional building was previously used for used car sales and could be repurposed for additional office or storage space. Located on US Highway 1 South, the property benefits from a high-traffic location with a traffic count of 41,280 AADT. The property is less than 6 miles from I-95 and 5 miles from Downtown St. Augustine, offering convenient access to major roadways and amenities. The location and versatility of the property allow for numerous redevelopment possibilities.
    Insight Report Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Similar Places Nearby

    Affordable Transmissions & Complete Auto Repairs, Mark's C.A.R. Shop, All Source Marine LLC, Mainstreet Auto Glass, A1A Auto Wraps & RV Repair

    Location Insight

    • Map
    • Local Demand
    City
    St Augustine
    County
    St. Johns
    State
    Florida
    Longitude
    -81.3217419
    Latitude
    29.8406664

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    FAQs

    What type of property is this?
    Auto shop - Versatile property with showroom, auto bays, and redevelopment potential.
    Where is this auto shop located?
    The property is located at 2898 Us Highway 1 S St Augustine, FL.
    What are key features of this property?
    This property features: - Highly visible location on US Highway 1 with a traffic count of 41,280 AADT.; - 4.07 acres with two buildings: **11,938 sf (including a 3,692 sf auto bay) and a 2,496 sf building.**; - Versatile property suitable for redevelopment or various business uses.
    (904) 386-4881
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    2898 Us Highway 1 S St Augustine, FL 32086
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    St Augustine, FL 32086
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2898 Us Highway 1 S St Augustine, FL 32086
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