Two-Story Medical
New
For Sale
$1,995,000
3629 Pacetti Rd, Saint Augustine, FL 32092
The vacant building has covered canopies, fenced outdoor yards and an in-ground pool.
Property Size10,888 SF
Lot Size2.54 Acres
Price / SF$183.23
Days on Market4
Property Features for 3629 Pacetti Rd
General Information
Standard status
Active
Size
10,888 SF
Lot size
2.54 Acres
Property subtype
Retail
Zoning
PUD
Additional Details
Road Access
Yes
Amenities
multiple covered canopies
fenced play yards
in-ground pool
Building Details
Building Size
10,888 SF
Year Built
2010
Buildings
1
Stories
2
Tenancy
Single
Owner Occupied
No
Abandoned
No
Listed By:
Daniel Burkhardt, SIOR, CCIM, MSRE
(904) 404-4455
Source:
Naihallmark
Added: Oct 20
Changed: Oct 21
Last Checked: Oct 23 at 3:46AM
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 Daniel Burkhardt, SIOR, CCIM, MSRE
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Investment Insights
Based on property information with market context.
This 10,888-square-foot medical office property was built in 2010 and occupies 2.54 acres. The two-story building previously operated as a veterinary and pet boarding facility and will be delivered vacant. Site features include multiple covered canopies, fenced play yards and an in-ground pool.
The property fronts Pacetti Road (County Road 13A), between State Road 16 and International Golf Parkway. Nearby residential communities named in the listing include World Golf Village, Silverleaf, Shearwater, Murabella and Samara Lakes.
The property fronts Pacetti Road (County Road 13A), between State Road 16 and International Golf Parkway. Nearby residential communities named in the listing include World Golf Village, Silverleaf, Shearwater, Murabella and Samara Lakes.
Key Highlights
- 10,888‑square‑foot building on 2.54 acres
- Two‑story layout with covered canopies
- Fenced play yards and an in‑ground pool
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$152,476
Cap Rate
7.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,049,520
$3.0M
Cap Rate 7%
$2,178,229
$2.2M
Cap Rate 9%
$1,694,178
$1.7M
Market Conditions
NOI Build-Up for 10,888 SF
Gross rent
$261.3K $24.00/SF
− Vacancy
−$58.0K −$5.33/SF
EGI
$203.3K $18.67/SF
− OpEx
−$50.8K −$4.67/SF
NOI
$152.5K $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%
$3,049,520
Cap Rate 7%
$2,178,229
Cap Rate 9%
$1,694,178
Alternative Uses
Best Use
Office B
$2.18M
$1.91M – $2.54M
NOI $152,476 @ 7.0% cap · market cap 7.64%
Second Best
Healthcare Medical
$2.07M
$1.81M – $2.41M
NOI $144,871 @ 7.0% cap · market cap 7.26%
Theoretical Best
Office A
$2.90M
$2.54M – $3.39M
NOI $203,301 @ 7.0% cap · market cap 10.19%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
56
Businesses Nearby
Under-served
Demand for This Use
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Medical Office Space - The vacant building has covered canopies, fenced outdoor yards and an in-ground pool.
Where is this medical office space located?
The property is located at 3629 Pacetti Rd Saint Augustine, FL.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: 10,888‑square‑foot building on 2.54 acres; Two‑story layout with covered canopies; Fenced play yards and an in‑ground pool
