Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2201 N Ponce De Leon Blvd Saint Augustine, FL

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Profitable automotive service center at a busy intersection.

    Type:OFFICE
    Property size:
    1,597 SF
    Lot size:
    0.73 Acres
    Price / SF:
    $873/SF
    Added:
    Dec 28, 2023
    Days on Market:
    853
    Last Refresh:
    Apr 5 at 11:21 pm

    Property Features for 2201 N Ponce De Leon Blvd

    General Information

    Standard status
    Active
    Size
    1,597 SF
    Lot size
    0.73 Acres
    Property subtype
    OFFICE

    We can help!

    Listing Contact
    Luke Sawyer

    Listing agent Luke Sawyer

    Listing office Millenia Partners

    Listing date Dec 28, 2023

    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 Millenia Partners

    Overview

    Automotive Service Center For Sale

    This is a very busy and profitable automotive service center located at one of St. Augustine’s busiest intersections. The property has been recently renovated and features a spacious showroom and equipment room. There are a total of five functioning lifts, including two inside, two covered, and one outside lift. The property also includes two bathrooms and a container for used fluid drums. The building has a total area of 1597 square feet. The automotive service center is located at US1 and 16 and benefits from a dedicated turn lane. The business has a 5-star reputation and has experienced continued growth.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    St. Augustine Auto ... Auto Repair Shop The Main Street Garage Auto Repair Shop

    Suggested Use

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

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

    Similar Places Nearby

    • Braddock's Small Engine Repair — 47 S Dixie Hwy, St. Augustine, FL 32084
    • Olde Town Auto Repair — 58 S Dixie Hwy, St. Augustine, FL 32084
    • Taylor Auto Air — 56 S Dixie Hwy Units 10 & 11, St. Augustine, FL 32084
    • Olde Town Towing and Auto Repair — 60 S Dixie Hwy, St. Augustine, FL 32084
    • Double Trouble Towing — 50-8 S Dixie Hwy, St. Augustine, FL 32084

    Location Insight

    • Map
    • Local Demand
    City
    Saint Augustine
    County
    St. Johns
    State
    Florida
    Longitude
    -81.3236
    Latitude
    29.9131

    Nearby Similar for Sale

    • $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
    • $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
    • $80,000

      St. Augustine Peruvian Restaurant Opportunity

      Successful Peruvian restaurant in St. Augustine, Florida, for sale.
      000 PERUVIAN RESTAURANT, , FL 32086
      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
      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
    • $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
    • Contact for pricing
      5,570 SF

      Industrial Property Sale-Leaseback Opportunity

      Industrial property with a guaranteed sale-leaseback from Rentokil North America.
      128 Masters Dr, Saint Augustine, FL
      View Details
    • Contact for pricing

      New Mixed-Use Development in St. Augustine

      Publix-anchored development with apartments, townhomes, and commercial space.
      CR 208 & SR-16, St Augustine, FL 32092
      View Details

    FAQs

    What type of property is this?
    Auto shop - Profitable automotive service center at a busy intersection.
    Where is this auto shop located?
    The property is located at 2201 N Ponce De Leon Blvd Saint Augustine, FL.
    What is the asking price?
    The asking price for this property is $1,395,000.
    What are key features of this property?
    This property features: Very busy and profitable business.; Located at one of St. Augustine’s busiest intersections (US1 and 16) with a dedicated turn lane.; Recently renovated automotive service center with new equipment and a 5‑star reputation.
    (407) 370-3211 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Luke Sawyer
    Learn More
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!