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St. Augustine Commercial Development Opportunity
For Sale
$2,990,000

3940 STATE ROAD 16, St Augustine, FL 32092

26.13 acres for commercial or mixed-use development.

Property Size720 SF
Lot Size26.13 Acres
Price / SF$4,152
Days on Market213

Property Features for 3940 STATE ROAD 16

General Information

Standard status Active
Size 720 SF
Lot size 26.13 Acres
Property subtype Mixed Use

Taxes and HOA fees

Annual Taxes $12,339

Amenities

3
State Road.

Building Details

Year Built 1973
Listing Agency: KELLER WILLIAMS ST JOHNS
Listed By: CHRISTINA WELCH · License #3186165
Source: Xome
Added: Feb 1 Changed: Sep 1 Last Checked: Sep 1 at 5:04PM

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 KELLER WILLIAMS ST JOHNS

Investment Insights

Based on property information with market context.

This approximately 26.13-acre property is located at 3940 State Road 16 in St. Augustine, Florida, and presents an opportunity for commercial or mixed-use development. The site is situated in a rapidly growing corridor. Approximately 7.57 acres are uplands, providing about 523 feet of frontage on State Road 16, which offers visibility and access. The buildable area is zoned Commercial Intensive and Commercial Highway Tourist, allowing for a range of uses. The remaining approximately 18.69 acres consist of RMH-zoned wetlands, creating a natural buffer extending toward Interstate 95. The property is located near World Golf Village and the St. Augustine Premium Outlets, benefiting from increasing traffic and surrounding development. State Road 16 is emerging as a retail corridor, enhancing long-term investment potential. Improvements include a renovated office building with front and rear canopies, plus multiple outbuildings including pole barns and a storage shed.

Key Highlights

  • ±26.13 acre property suitable for commercial or mixed‑use development.
  • Prime location in a rapidly growing corridor on State Road 16.
  • Zoned Commercial Intensive and Commercial Highway Tourist, allowing for a wide range of uses.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Real Estate Agency Tech Support Center Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

8
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 26.13 acres for commercial or mixed-use development.
Where is this commercial land located?
The property is located at 3940 STATE ROAD 16 St Augustine, FL.
What is the asking price?
The asking price for this property is $2,990,000.
What are key features of this property?
This property features: ±26.13 acre property suitable for commercial or mixed‑use development.; Prime location in a rapidly growing corridor on State Road 16.; Zoned Commercial Intensive and Commercial Highway Tourist, allowing for a wide range of uses.
More about this property
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