St. Augustine Office Building For
For Sale
$3,000,000
Pending
160 REGISTRY Boulevard, St Augustine, FL 32092
Office building in St. Johns County available for purchase.
Property Size6,021 SF
Days on Market142
Property Features for 160 REGISTRY Boulevard
General Information
Standard status
Pending
Size
6,021 SF
Zoning
Commercial
Amenities
Accessible Full Bath
Central
Parking Lot
Building Details
Year Built
2024
Stories
1
Listing Agency:
DAVIDSON REALTY, INC.
Listed By:
TIMOTHY NEMETHY · License #3405369
(904) 553-6194
Source:
Evrealestate
Added: May 19
Changed: Aug 8
Last Checked: May 24 at 2:44AM
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 DAVIDSON REALTY, INC.
Investment Insights
Based on property information with market context.
Located in St. Johns County, this commercial real estate offering consists of an office building with a property size of 6021 square feet. The property is situated off International Golf Parkway, which turns into Pacetti Road after State Road 16. Registry Boulevard provides access to the WGV Office Park where the building is located.
Key Highlights
- Located in St. Johns County
- Built in 2024 (New Construction)
- Central Heating
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$84,318
Cap Rate
2.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,686,360
$1.7M
Cap Rate 7%
$1,204,543
$1.2M
Cap Rate 9%
$936,867
$936.9K
Market Conditions
NOI Build-Up for 6,021 SF
Gross rent
$144.5K $24.00/SF
− Vacancy
−$32.1K −$5.33/SF
EGI
$112.4K $18.67/SF
− OpEx
−$28.1K −$4.67/SF
NOI
$84.3K $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%
$1,686,360
Cap Rate 7%
$1,204,543
Cap Rate 9%
$936,867
Alternative Uses
Best Use
Office B
$1.20M
$1.05M – $1.41M
NOI $84,318 @ 7.0% cap · market cap 2.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.61M
$1.41M – $1.87M
NOI $112,424 @ 7.0% cap · market cap 3.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
396
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - Office building in St. Johns County available for purchase.
Where is this office building located?
The property is located at 160 REGISTRY Boulevard St Augustine, FL.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Located in St. Johns County; Built in 2024 (New Construction); Central Heating
