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157 HAMPTON POINT Drive #155-157, St Augustine, FL 32092
Five separate offices, a reception area, kitchenette, and restroom support a practical office layout.
Property Size1,260 SF
Price / SF$2.54
Days on Market5
Property Features for 157 HAMPTON POINT Drive #155-157
General Information
Standard status
Active
Size
1,260 SF
Property subtype
Office
Additional Details
Property Use
Office
Building Details
Year Built
2005
Listing Agency:
CHRISTIE'S INTERNATIONAL REAL ESTATE FIRST COAST
(904) 372-4711
Listed By:
TRACY FRANDSEN · License #3181832
(904) 514-0298
Source:
Endlesssummerrealty
Added: Oct 21
Changed: Oct 25
Last Checked: Oct 24 at 5:34PM
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 CHRISTIE'S INTERNATIONAL REAL ESTATE FIRST COAST
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Investment Insights
Based on property information with market context.
This 1,260-square-foot office unit was built in 2005 and is configured with a reception area, five individual offices, a small kitchen, and a restroom. The interior has been repainted and updated with new LVP flooring. The end-unit space is in St. Johns/St. Augustine, just beyond the intersection of CR 210 and 2209.
The surrounding area includes retailers, restaurants, offices, golf courses, and residential communities. No CAM fees apply.
The surrounding area includes retailers, restaurants, offices, golf courses, and residential communities. No CAM fees apply.
Key Highlights
- 1,260 square feet; built in 2005
- End‑unit office with reception area and 5 individual offices
- Includes a small kitchen and restroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,645
Suggested Prices Based on Cap Rates
Cap Rate 5%
$352,900
$352.9K
Cap Rate 7%
$252,071
$252.1K
Cap Rate 9%
$196,056
$196.1K
Market Conditions
NOI Build-Up for 1,260 SF
Gross rent
$30.2K $24.00/SF
− Vacancy
−$6.7K −$5.33/SF
EGI
$23.5K $18.67/SF
− OpEx
−$5.9K −$4.67/SF
NOI
$17.6K $14.00/SF
Area
St. Johns County, FL
Vacancy
22.20%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$352,900
Cap Rate 7%
$252,071
Cap Rate 9%
$196,056
Alternative Uses
Best Use
Office B
$252.1K
$220.6K – $294.1K
NOI $17,645 @ 7.0% cap · market cap 551.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$336.1K
$294.1K – $392.1K
NOI $23,527 @ 7.0% cap · market cap 735.22%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
453
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Five separate offices, a reception area, kitchenette, and restroom support a practical office layout.
Where is this office unit located?
The property is located at 157 HAMPTON POINT Drive #155-157 St Augustine, FL.
What are key features of this property?
This property features: 1,260 square feet; built in 2005; End‑unit office with reception area and 5 individual offices; Includes a small kitchen and restroom
