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Commercial Land on SR-16
For Sale
$2,750,000

5865 Florida 16, Saint Augustine, FL 32092

5-10 acre commercial land for sale with utilities available.

Property SizeContact for details
Lot Size10.00 Acres
Days on Market208

Property Features for 5865 Florida 16

General Information

Standard status Active
Lot size 10.00 Acres
Property subtype Commercial
Zoning PUD
Listing Agency: Newmark Phoenix Realty Group | Jacksonville
Listed By: Colby Sims
Source: Nmrk
Added: Jan 27 Changed: Aug 23 Last Checked: Aug 23 at 2:43AM

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 Newmark Phoenix Realty Group | Jacksonville

Investment Insights

Based on property information with market context.

Available for sale are two parcels of land, each approximately 5 acres, totaling 10 acres. The asking price is $2,750,000 per individual parcel or $5,500,000 for both combined. The property features between 200 and 400 feet of road frontage on SR-16, providing easy access to I-95. The PUD allows for commercial neighborhood uses. Utilities including water, sewer, and electric are available at the front of the site. A retention pond is already in place. Development rights allow for approximately 19,000 to 55,000 square feet. An approved site plan is available and can be modified. This presents an opportunity for retail, professional, and medical offices, or recreational facilities. The location benefits from a heavy retail and restaurant presence near a lighted intersection anchored by two Publix locations. Traffic count on SR-16 is 27,000 AADT. The property includes two access points from SR-16.

Key Highlights

  • High‑traffic location on SR‑16 (27,000 AADT) near a lighted intersection anchored by two Publix locations, ideal for retail or restaurant development.
  • PUD allows for commercial neighborhood uses, including retail, professional/medical offices, and recreational facilities.
  • Utilities (water, sewer, and electric) are available to the front of the site, simplifying development.

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

32
Businesses Nearby

Demographics for 32092, FL

43,691
Population
18,403
Households
2.4
Avg Household Size
40
Median Age
49%
College-Educated
94%
High-School Grad
124.1 sq mi
ZIP Area
352
Density / Sq Mi
$122,655
Median Household Income
$58,855
Median Earnings
$2,087
Median Rent
$464,800
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - 5-10 acre commercial land for sale with utilities available.
Where is this commercial land located?
The property is located at 5865 Florida 16 Saint Augustine, FL.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: High‑traffic location on SR‑16 (27,000 AADT) near a lighted intersection anchored by two Publix locations, ideal for retail or restaurant development.; PUD allows for commercial neighborhood uses, including retail, professional/medical offices, and recreational facilities.; Utilities (water, sewer, and electric) are available to the front of the site, simplifying development.
More about this property
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