Two-Tenant Industrial
For Sale
$1,100,000
Pending
2310 Dobbs Rd, St Augustine, FL 32086
The divided site combines leased and available space with vacant land and preliminary plans for another building.
Property Size5,000 SF
Lot Size0.78 Acres
Days on Market44
Property Features for 2310 Dobbs Rd
General Information
Standard status
Pending
Size
5,000 SF
Lot size
0.78 Acres
Zoning
IW
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Warehouse & Industrial
Clear Height
14 ft
Warehouse Space
5,000 SF
Taxes and HOA fees
Annual Taxes
$7,263
Building Details
Buildings
1
Building Size
5,000 SF
Construction
steel frame
Tenancy
Multi
Listing Agency:
FLORIDA HOMES REALTY & MTG LLC
(904) 996-9115
Listed By:
ANTHONY BOSCO
(904) 553-0240
Source:
Exprealty
Added: Sep 3
Changed: Oct 7
Last Checked: Oct 15 at 3:50AM
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 FLORIDA HOMES REALTY & MTG LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The 0.78-acre property includes a 5,000-square-foot steel-frame warehouse with metal siding and a concrete slab. The building is arranged for two tenants: an approximately 2,000-square-foot leased space and an approximately 3,000-square-foot vacant space. Both have an office area and two toilet rooms. Each suite has a 10-foot-by-10-foot roll-up door, and the warehouse has approximately 14 feet of clear height. The metal roof was repaired and recoated in 2024, with eight years remaining on its 10-year warranty. The building uses well water and a septic tank and is zoned IW.
An east-west easement driveway divides the parcel and serves a neighboring property to the east. The southern portion is vacant, buildable land. Partially completed plans for a proposed 5,000-square-foot metal building are approximately 60% complete; engineering information is also available. Access is noted to CR207, US1, and US95.
An east-west easement driveway divides the parcel and serves a neighboring property to the east. The southern portion is vacant, buildable land. Partially completed plans for a proposed 5,000-square-foot metal building are approximately 60% complete; engineering information is also available. Access is noted to CR207, US1, and US95.
Key Highlights
- 5,000‑square‑foot warehouse on a 0.78‑acre parcel
- Two suites: approximately 2,000 square feet leased and 3,000 square feet vacant
- Two 10‑foot‑by‑10‑foot roll‑up doors; approximately 14‑foot clear height
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,894
Cap Rate
3.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$857,880
$857.9K
Cap Rate 7%
$612,771
$612.8K
Cap Rate 9%
$476,600
$476.6K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$53.4K $10.68/SF
− Vacancy
−$2.9K −$0.59/SF
EGI
$50.5K $10.09/SF
− OpEx
−$7.6K −$1.51/SF
NOI
$42.9K $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%
$857,880
Cap Rate 7%
$612,771
Cap Rate 9%
$476,600
Alternative Uses
Best Use
Warehouse
$612.8K
$536.2K – $714.9K
NOI $42,894 @ 7.0% cap · market cap 3.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.33M
$1.17M – $1.56M
NOI $93,360 @ 7.0% cap · market cap 8.49%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
14 ft
Clear height
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
984
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32086, FL
31,452
Population
15,696
Households
2
Avg Household Size
51
Median Age
33%
College-Educated
92%
High-School Grad
65.8 sq mi
ZIP Area
478
Density / Sq Mi
$74,508
Median Household Income
$40,571
Median Earnings
$1,536
Median Rent
$342,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Dobbs Road Self Storage — 2645 Dobbs Rd, St. Augustine, FL 32086
- Lux Boat and RV Storage — 2425 US-1, St Augustine Beach, FL 32086
- Life Storage — 2391 US-1, St. Augustine, FL 32086
- Laplata Self Storage Unit — 2250 Old Moultrie Rd #1, St. Augustine, FL 32086
Frequently Asked Questions
What type of property is this?
Warehouse - The divided site combines leased and available space with vacant land and preliminary plans for another building.
Where is this warehouse located?
The property is located at 2310 Dobbs Rd St Augustine, FL.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 5,000‑square‑foot warehouse on a 0.78‑acre parcel; Two suites: approximately 2,000 square feet leased and 3,000 square feet vacant; Two 10‑foot‑by‑10‑foot roll‑up doors; approximately 14‑foot clear height
