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    128 Masters Dr Saint Augustine, FL 32084

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    For Sale
    Contact for pricing

    Industrial property with a guaranteed sale-leaseback from Rentokil North America.

    Property size:
    5,570 SF
    Lot size:
    0.36 Acres

    Property Features for 128 Masters Dr

    General Information

    Size
    5,570 SF
    Lot size
    0.36 Acres

    Source: JLL | Jacksonville Agent Ross Crabtree

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

    Overview

    Industrial Property Sale-Leaseback Opportunity

    This industrial property features a guaranteed 7-year sale-leaseback, backed by Rentokil North America, Inc., a company with an investment-grade BBB credit rating from S&P and Fitch. The property encompasses 1.84 acres, consisting of 4 parcels in total. Two parcels are situated on either side of Masters Drive at Theodore Street. The property size is 5570 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Florida Pest Control Pest Control Service

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Saint Augustine
    County
    St. Johns
    State
    Florida
    Longitude
    -81.3325042
    Latitude
    29.9034368

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    FAQs

    What type of property is this?
    Warehouse - Industrial property with a guaranteed sale-leaseback from Rentokil North America.
    Where is this warehouse located?
    The property is located at 128 Masters Dr Saint Augustine, FL.
    What are key features of this property?
    This property features: - Guaranteed 7-year sale-leaseback.; - Rentokil North America, Inc. (NYSE:RTO) as tenant.; - Investment-grade BBB credit rating from S&P and Fitch.
    (904) 559-3900
    Request Owner's contact information
    128 Masters Dr Saint Augustine, FL 32084
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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
    128 Masters Dr Saint Augustine, FL 32084
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