Insulated Warehouse with Roll-Up
For Sale
Contact for pricing
1525 Northwood Drive Unit 503, St Augustine, FL 32084
Commercially zoned warehouse with insulated space, multiple entries, and ample parking.
Property Size3,250 SF
Price / SF$1.08
Days on Market935
Property Features for 1525 Northwood Drive Unit 503
General Information
Standard status
Active
Size
3,250 SF
Property subtype
Rental / Commercial
Zoning
Comm
Warehouse & Industrial
Clear Height
20 ft
Three-Phase Power
Yes
Additional Details
Space Use
Warehouse
Building Details
Year Built
2023
Listing Agency:
Island Realty
Listed By:
Steven Binninger
(904) 377-9999
Source:
Compass
Added: Mar 26, 2024
Changed: Oct 10
Last Checked: Oct 15 at 1:18AM
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 Island Realty
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Investment Insights
Based on property information with market context.
This 3,250-square-foot warehouse was built in 2023 and is zoned Comm for commercial use. The insulated building features a 20-foot ceiling, two 12' x 12' roll-up doors, front and rear entry doors, two bathrooms, and three-phase electrical service.
The property is located near Holmes Blvd. at 1525 Northwood Drive, Unit 503, in St. Augustine. Ample parking supports access to the warehouse and its multiple entry points.
The property is located near Holmes Blvd. at 1525 Northwood Drive, Unit 503, in St. Augustine. Ample parking supports access to the warehouse and its multiple entry points.
Key Highlights
- 3,250‑square‑foot warehouse built in 2023
- Two 12' x 12' roll‑up doors
- 20‑foot ceiling with insulated construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,881
Suggested Prices Based on Cap Rates
Cap Rate 5%
$557,620
$557.6K
Cap Rate 7%
$398,300
$398.3K
Cap Rate 9%
$309,789
$309.8K
Market Conditions
NOI Build-Up for 3,250 SF
Gross rent
$34.7K $10.68/SF
− Vacancy
−$1.9K −$0.59/SF
EGI
$32.8K $10.09/SF
− OpEx
−$4.9K −$1.51/SF
NOI
$27.9K $8.58/SF
Area
St. Johns County, FL
Vacancy
5.50%
Lease Rate
$10.68 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$557,620
Cap Rate 7%
$398,300
Cap Rate 9%
$309,789
Alternative Uses
Best Use
Warehouse
$398.3K
$348.5K – $464.7K
NOI $27,881 @ 7.0% cap · market cap 796.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$866.9K
$758.6K – $1.01M
NOI $60,684 @ 7.0% cap · market cap 1,733.83%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
20 ft
Clear height
Location Intelligence
Trade Area within ½ mile
97
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32084, FL
34,526
Population
17,839
Households
1.9
Avg Household Size
45
Median Age
32%
College-Educated
91%
High-School Grad
45.1 sq mi
ZIP Area
766
Density / Sq Mi
$72,965
Median Household Income
$38,611
Median Earnings
$1,534
Median Rent
$295,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Douglas Storage Park — 125 Douglas Park Dr, St. Augustine, FL 32084
- McKenzie Marine — 620 S Holmes Blvd, St. Augustine, FL 32084
- High & Dry Self Storage LLC — 550 S Holmes Blvd, St. Augustine, FL 32084
- On Time Moving and Storage — 1475 Northwood Dr, St. Augustine, FL 32084
Frequently Asked Questions
What type of property is this?
Warehouse - Commercially zoned warehouse with insulated space, multiple entries, and ample parking.
Where is this warehouse located?
The property is located at 1525 Northwood Drive Unit 503 St Augustine, FL.
What are key features of this property?
This property features: 3,250‑square‑foot warehouse built in 2023; Two 12' x 12' roll‑up doors; 20‑foot ceiling with insulated construction
