Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Industrial Development Site Near I-95 Title is generated by Realmo AI

    3200 Parker Dr, Saint Augustine, FL

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    11.5 acre industrial land near I-95 and SR 16.

    Type:LAND
    Lot size:
    10.14 Acres
    Added:
    May 9, 2024
    Days on Market:
    751
    Last Refresh:
    May 19 at 10:42 pm

    Property Features for 3200 Parker Dr

    General Information

    Standard status
    Active
    Lot size
    10.14 Acres
    Property subtype
    LAND

    We can help!

    Listing Contact
    Paul P. Partyka

    Listing agent Paul P. Partyka

    Listing office NAI Realvest | Orlando

    Listing date May 9, 2024

    Source Moodyscre

    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 NAI Realvest | Orlando

    HighLights

    • Easy access to I‑95 and SR 16
    • 11.5± acre industrial development site zoned IW - Industrial, Warehouse
    • All retention engineering and wetlands delineation done; work receipts available and discounted
    • Master retention in place
    • Fill dirt balanced; stored on adjacent parcel
    • Land is level and ideal for user or investment for warehouse, manufacturing or distribution

    Overview

    This 11.5-acre industrial development site is zoned IW - Industrial, Warehouse. It features access and frontage on Parker Drive. Master retention is in place. The fill dirt is balanced and stored on an adjacent parcel. All retention engineering and wetlands delineation have been completed; work receipts are available and discounted. The land is level and suitable for user or investment for warehouse, manufacturing, or distribution purposes. Ideal gas land is available for lease-back. The property offers easy access to I-95 and SR 16 and is located near the St. Augustine Premium Outlet. The St. Johns Parcel ID is 086520-0025.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ideal Aluminum Products General Contractor Ideal Propane Supplier

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Building Supply Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Pharmacy

    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
    -81.4049
    Latitude
    29.9205

    Nearby Similar for Sale

    • $470,000

      Vilano Beach Homesite Opportunity

      Coastal homesite in Vilano Beach with marsh and ocean views.
      133 OAK Avenue, Vilano Beach, FL 32084
      View Details
    • $24
      16,613 SF

      Medical Office Near Flagler Hospital

      Medical office building near Flagler Hospital in St. Augustine.
      200 Southpark Boulevard, Saint Augustine, FL 32086
      View Details
    • $2,350,000
      9,206 SF

      Medical Office Investment Opportunity

      Two-tenant medical office building for sale in Saint Augustine.
      1680 Osceola Elementary Rd, Saint Augustine, FL 32084
      View Details
    • $4,420,000
      6,115 SF

      Outback Steakhouse NNN Investment Opportunity

      NNN-leased retail asset with zero landlord responsibilities in St. Augustine.
      245 State Road 312, Saint Augustine, FL
      View Details
    • $5,950,000
      32,329 SF

      World Golf Village Office Building

      32,329± SF office building on 37.09± acres.
      21 World Golf Pl, Saint Augustine, FL
      View Details
    • Contact for pricing

      Prime Commercial Land Opportunity

      Available land for retail, office, medical, or recreational development.
      5885 State Road 16 , Saint Augustine, FL 32092
      View Details
    • $7,578,118
      3,302 SF

      New Retail Space For Sale

      New construction retail space with high visibility and accessibility.
      150 Mccoy Way, Saint Augustine, FL
      View Details
    • $575,000

      Retail/Office Space on US1 South

      Retail or office space with high visibility on US1.
      2744 Us Highway 1, 1003, St. Augustine Beach, FL 32086
      View Details
    • $4,860,000

      Commercial Land on County Road

      Commercial land with utilities and off-site retention.
      W County Road 210, Saint Augustine, FL
      View Details
    • $2,000,000

      Corner Parcel Near Future Expressway

      Two-acre corner parcel near the future First Coast Expressway.
      5785 W County Road 210, Saint Augustine, FL
      View Details
    • Contact for pricing

      Commercial Land on SR-16

      5-10 acre commercial land for sale with utilities available.
      5865 Florida 16, St. Augustine, FL 32092
      View Details
    • Contact for pricing
      9,600 SF

      Saint Augustine Leased Office Building

      9,600 SF office building, 100% leased, frontage on US-1.
      2200 N Ponce De Leon Blvd, Saint Augustine, FL
      View Details

    FAQs

    What type of property is this?
    Land - 11.5 acre industrial land near I-95 and SR 16.
    Where is this land located?
    The property is located at 3200 Parker Dr Saint Augustine, FL.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: Easy access to I‑95 and SR 16; 11.5± acre industrial development site zoned IW - Industrial, Warehouse; All retention engineering and wetlands delineation done; work receipts available and discounted
    (407) 875-9989 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Paul P. Partyka
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3200 Parker Dr, Saint Augustine, FL
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!