Multi-Tenant Storefront
For Sale
Under Contract
$1,100,000
2570 US HIGHWAY 1 S, St Augustine, FL 32086
Commercial Sale, St. Augustine, FL
Property Size3,920 SF
Lot Size0.56 Acres
Price / SF$280.61
Days on Market1017
Property Features for 2570 US HIGHWAY 1 S
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial/Residential/Office
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 3, Bathroom 1, Bathroom 2
Parking features
Garage, Carport, Parking Lot
Directions
South on US 1. Across from Walmart.
Subdivision
335-St Augustine South
Standard status
Active Under Contract
APN
2447300000
Size
3,920 SF
Lot size
0.56 Acres
Taxes and HOA fees
Tax Year
2023
Tax Annual Amount
7490
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1961
Floors in Building
1
Number of units
3
Flooring type
Tile
Building materials
Aluminum Siding, Stucco, Vinyl Siding
Roof type
Shingle
Listing Agency:
EXP REALTY LLC
(888) 883-8509
Listed By:
ASHLEY PIERATT · License #SL3500902
(904) 521-9886
Added: Jan 17, 2024
Changed: Oct 27
Last Checked: Oct 30 at 7:06AM
MLS# 2003980
Copyright © 2026 realMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This multi-tenant storefront property includes four separate income-producing spaces on a 0.56-acre lot. The residential home is currently rented on a yearly basis with a May renewal. Also onsite is a beauty shop offering 8 booth rentals and a gun shop that is currently leased. A separate oversized garage is also available for rental. The property is listed with owner financing availability.
The building is 3,920 SF and was constructed in 1961 with aluminum siding, stucco, and vinyl siding. Flooring is tile, and the roof is shingle. Public water and public sewer are available. Parking includes a carport, garage, and parking lot.
The site offers 100 feet of frontage on US 1 S. Walmart is across the street and AutoZone is next door, supporting visibility for retail-oriented uses.
The building is 3,920 SF and was constructed in 1961 with aluminum siding, stucco, and vinyl siding. Flooring is tile, and the roof is shingle. Public water and public sewer are available. Parking includes a carport, garage, and parking lot.
The site offers 100 feet of frontage on US 1 S. Walmart is across the street and AutoZone is next door, supporting visibility for retail-oriented uses.
Key Highlights
- 4 separate income‑producing spaces on a 0.56‑acre lot
- 100 feet of frontage on US 1 S
- 3,920 SF building built in 1961
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,980
Cap Rate
4.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$999,600
$999.6K
Cap Rate 7%
$714,000
$714.0K
Cap Rate 9%
$555,333
$555.3K
Market Conditions
NOI Build-Up for 3,920 SF
Gross rent
$94.1K $24.00/SF
− Vacancy
−$14.1K −$3.60/SF
EGI
$80.0K $20.40/SF
− OpEx
−$30.0K −$7.65/SF
NOI
$50.0K $12.75/SF
Area
St. Johns County, FL
Vacancy
15.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$999,600
Cap Rate 7%
$714,000
Cap Rate 9%
$555,333
Alternative Uses
Best Use
Mixed Use
$714.0K
$624.8K – $833.0K
NOI $49,980 @ 7.0% cap · market cap 4.54%
Second Best
Retail
$632.9K
$553.8K – $738.4K
NOI $44,305 @ 7.0% cap · market cap 4.03%
Theoretical Best
Office A
$1.05M
$914.9K – $1.22M
NOI $73,194 @ 7.0% cap · market cap 6.65%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
628
Businesses Nearby
231k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 48%
Shops & Services 38%
Dining 12%
Home Improvements & Furnishings 2%
Walmart
Superstores
111,207 visits/mo
0.5 miles
Wawa
Shops & Services
39,428 visits/mo
0.1 miles
McDonald's
Dining
27,469 visits/mo
0.3 miles
Speedway
Shops & Services
14,988 visits/mo
0.1 miles
BP
Shops & Services
12,320 visits/mo
0.2 miles
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 Retail in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Multi-tenant storefront property with public utilities and four separate income-producing spaces on a half-acre lot.
Where is this mixed-use property located?
The property is located at 2570 US HIGHWAY 1 S 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: 4 separate income‑producing spaces on a 0.56‑acre lot; 100 feet of frontage on US 1 S; 3,920 SF building built in 1961
