Single-Story Office
3275 US Highway 1 S Saint, Saint Augustine, FL 32086
For Sale
New
$2,250,000
A freestanding professional workspace combines private offices, meeting rooms, open areas, and a covered drive-through canopy.
Property Size6,572 SF
Lot Size1.12 Acres
Price / SF$342.36
Days on Market2
Property Features for 3275 US Highway 1 S Saint
General Information
Standard status
Size
Class
Lot size
Property subtype
Site & Location
Highway Access
Road Access
Additional Details
Asking Price
Property Use
Building Details
Building Size
Year Built
Buildings
Stories
Construction
Listing Agency:
Berkshire Hathaway Florida Network Realty
Listed By:
Matthew Adams · License FL SL3586514
(904) 466-6539
Source:
Thebrokerlist
Added: Nov 12
Last Checked: Nov 12 at 2:24PM
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 Berkshire Hathaway Florida Network Realty
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Investment Insights
Based on property information with market context.
This single-story office property contains 6,572 SF of conditioned space on approximately 1.12 acres. Built in 2000, the brick building includes a central lobby, open work areas, private offices, meeting rooms, a break room, restrooms, and an existing bank vault. A separate 2,040 SF canopy covers the former bank drive-through area. Surface parking is provided on site, and the exterior includes a columned entrance and monument signage.
The property occupies the corner of US Highway 1 South and Calle Madrid in unincorporated St. Johns County. It has approximately 150 feet of frontage along US 1 and sits within a commercial corridor with office, retail, and service businesses nearby. A CoStar-reported 2026 traffic count for US 1 is 42,628 vehicles per day.
The current layout is configured for professional office use. Other uses or alterations depend on applicable approvals and site requirements.
The property occupies the corner of US Highway 1 South and Calle Madrid in unincorporated St. Johns County. It has approximately 150 feet of frontage along US 1 and sits within a commercial corridor with office, retail, and service businesses nearby. A CoStar-reported 2026 traffic count for US 1 is 42,628 vehicles per day.
The current layout is configured for professional office use. Other uses or alterations depend on applicable approvals and site requirements.
Key Highlights
- 6,572 SF of conditioned office space on approximately 1.12 acres
- Approximately 150 feet of frontage on US 1 at the corner of Calle Madrid
- Built in 2000; freestanding, single‑story brick construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$92,034
Cap Rate
4.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,840,680
$1.8M
Cap Rate 7%
$1,314,771
$1.3M
Cap Rate 9%
$1,022,600
$1.0M
Market Conditions
NOI Build-Up for 6,572 SF
Gross rent
$157.7K $24.00/SF
− Vacancy
−$35.0K −$5.33/SF
EGI
$122.7K $18.67/SF
− OpEx
−$30.7K −$4.67/SF
NOI
$92.0K $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%
$1,840,680
Cap Rate 7%
$1,314,771
Cap Rate 9%
$1,022,600
Alternative Uses
Best Use
Office B
$1.31M
$1.15M – $1.53M
NOI $92,034 @ 7.0% cap · market cap 4.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.75M
$1.53M – $2.05M
NOI $122,712 @ 7.0% cap · market cap 5.45%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
405
Businesses Nearby
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
$342,000
Median Home Value
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Market
Average Price Trend$/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 - A freestanding professional workspace combines private offices, meeting rooms, open areas, and a covered drive-through canopy.
Where is this office building located?
The property is located at 3275 US Highway 1 S Saint Saint Augustine, FL.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: 6,572 SF of conditioned office space on approximately 1.12 acres; Approximately 150 feet of frontage on US 1 at the corner of Calle Madrid; Built in 2000; freestanding, single‑story brick construction
