Freestanding Office
2800 N 1st St Saint, Saint Augustine, FL 32084
For Sale
$385,000
For-sale office building at 2800 N 1st St, suited for small professional teams and office tenants.
Property Size1,081 SF
Days on Market140
Property Features for 2800 N 1st St Saint
General Information
Standard status
Size
Class
Property subtype
Building Details
Building Size
Year Built
Listing Agency:
Prime Realty
Listed By:
Brent Dennis
(904) 534-1523
Source:
Primerealtyinc
Added: Jun 25
Changed: Nov 3
Last Checked: Nov 10 at 6:40AM
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 Prime Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This for-sale commercial property is an office building offered as office space in a straightforward, tenant-ready format for professional use. The offering is categorized under office buildings and office spaces, making it appropriate for organizations seeking dedicated indoor working space rather than a specialized retail or industrial layout.
The property is located at 2800 N 1st St in Saint Augustine, Florida. The address provides direct access for office operations and supports straightforward tenant coordination for showings, pickups, and deliveries tied to everyday business needs.
Prospective tenants, buyers, and brokers can evaluate the property for office-based requirements where a conventional office environment matters. As an office-focused asset, it may be a fit for professional services, administrative functions, and other workplace uses that benefit from an office building setting. Interested parties should review the current space details and finish levels during due diligence to confirm suitability for their specific operational needs and branding requirements.
The property is located at 2800 N 1st St in Saint Augustine, Florida. The address provides direct access for office operations and supports straightforward tenant coordination for showings, pickups, and deliveries tied to everyday business needs.
Prospective tenants, buyers, and brokers can evaluate the property for office-based requirements where a conventional office environment matters. As an office-focused asset, it may be a fit for professional services, administrative functions, and other workplace uses that benefit from an office building setting. Interested parties should review the current space details and finish levels during due diligence to confirm suitability for their specific operational needs and branding requirements.
Key Highlights
- Office building built in 1973
- Commercial office location at 2800 N 1st St
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,138
Cap Rate
3.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$302,760
$302.8K
Cap Rate 7%
$216,257
$216.3K
Cap Rate 9%
$168,200
$168.2K
Market Conditions
NOI Build-Up for 1,081 SF
Gross rent
$25.9K $24.00/SF
− Vacancy
−$5.8K −$5.33/SF
EGI
$20.2K $18.67/SF
− OpEx
−$5.0K −$4.67/SF
NOI
$15.1K $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%
$302,760
Cap Rate 7%
$216,257
Cap Rate 9%
$168,200
Alternative Uses
Best Use
Office B
$216.3K
$189.2K – $252.3K
NOI $15,138 @ 7.0% cap · market cap 3.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$288.3K
$252.3K – $336.4K
NOI $20,184 @ 7.0% cap · market cap 5.24%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
264
Businesses Nearby
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
$295,000
Median Home Value
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Market
Average Price Trend$/SF for Office buildings in St. Johns County, FL
Properties on Market for Office buildings in St. Johns County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - For-sale office building at 2800 N 1st St, suited for small professional teams and office tenants.
Where is this office building located?
The property is located at 2800 N 1st St Saint Saint Augustine, FL.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Office building built in 1973; Commercial office location at 2800 N 1st St
