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    100 Mccoy Way Saint Augustine, FL

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    For Sale
    $1,818,182

    Long-term NNN lease with corporate guarantee in Saint Augustine.

    Property size:
    1,420 SF
    Lot size:
    7.98 Acres

    Property Features for 100 Mccoy Way

    General Information

    Size
    1,420 SF
    Lot size
    7.98 Acres

    Source: NNN Pro Group Agent Edward Otocka

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

    Overview

    NNN Investment Opportunity in Florida

    This investment property features a brand new 20-year absolute triple net (NNN) lease, commencing at the close of escrow, with zero landlord responsibilities. The lease is subject to a strong corporate guarantee from Drive Funding Holdco, LLC, which has over 3,500 units. The property is a retail property, storefront property, individual retail property, NNN property, and specialty property. The property contains 1,420 square feet and is located at 100 McCoy Way, Saint Augustine, FL.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Similar Places Nearby

    Flower Works, Missing Petal Studios LLC, Florium - Floral Event Studio

    Map

    City
    Saint Augustine
    County
    St. Johns
    State
    Florida
    Longitude
    -81.3132083
    Latitude
    29.8942639

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    FAQs

    What type of property is this?
    Storefront property - Long-term NNN lease with corporate guarantee in Saint Augustine.
    Where is this storefront property located?
    The property is located at 100 Mccoy Way Saint Augustine, FL.
    What is the asking price?
    The asking price for this property is $1,818,182.
    What are key features of this property?
    This property features: - Long-Term 20-Year Lease: Provides stable, long-term investment income.; - Absolute Triple Net (NNN) Lease: Zero landlord responsibilities.; - Strong Corporate Guarantee: Lease guaranteed by Drive Funding Holdco, LLC (3,500+ Units).
    (332) 345-2408
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    100 Mccoy Way Saint Augustine, FL
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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
    100 Mccoy Way Saint Augustine, FL
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