New Construction Retail
For Sale
Contact for pricing
479 SHORES Boulevard, Saint Augustine, FL 32086
Retail suite in a new complex with build-out allowances, positioned for salon, office, retail, or specialty food use.
Property Size1,200 SF
Price / SF$2.75
Days on Market104
Property Features for 479 SHORES Boulevard
General Information
Standard status
Active
Size
1,200 SF
Property subtype
Retail
Listing Agency:
MARKET FORCE BROKERS LLC
Listed By:
JULIE LEMKE · License #3563272
(904) 501-6011
Source:
Endlesssummerrealty
Added: Jul 17
Changed: Oct 27
Last Checked: Oct 28 at 8:26AM
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 MARKET FORCE BROKERS LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This is a new construction retail suite within a developing complex. The available space is approximately 1,200 square feet and is offered with build-out allowances, with readiness targeted for end of 2026. The suite is flexible for a range of service and commercial uses, including salon, retail, office, or specialty food.
The property is located at 479 Shores Boulevard in St. Augustine Shores, Florida (32086). The seller notes demand tied to an expanding, health-focused and active community, with additional spaces still available within the overall complex.
For prospective tenants and buyers, the combination of a newly constructed shell and scheduled build-out support is intended to help streamline customization for the approved use.
The property is located at 479 Shores Boulevard in St. Augustine Shores, Florida (32086). The seller notes demand tied to an expanding, health-focused and active community, with additional spaces still available within the overall complex.
For prospective tenants and buyers, the combination of a newly constructed shell and scheduled build-out support is intended to help streamline customization for the approved use.
Key Highlights
- 1200 sq ft retail suite in a new South St. Augustine complex
- Build‑out allowances available, ready by end of 2026
- Suite suited for salon, retail, office, or specialty food use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,563
Suggested Prices Based on Cap Rates
Cap Rate 5%
$271,260
$271.3K
Cap Rate 7%
$193,757
$193.8K
Cap Rate 9%
$150,700
$150.7K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$21.6K $18.00/SF
− Vacancy
−$2.2K −$1.85/SF
EGI
$19.4K $16.15/SF
− OpEx
−$5.8K −$4.84/SF
NOI
$13.6K $11.30/SF
Area
St. Johns County, FL
Vacancy
10.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$271,260
Cap Rate 7%
$193,757
Cap Rate 9%
$150,700
Alternative Uses
Best Use
Office B
$240.1K
$210.1K – $280.1K
NOI $16,805 @ 7.0% cap · market cap 509.24%
Second Best
Retail
$193.8K
$169.5K – $226.1K
NOI $13,563 @ 7.0% cap · market cap 411.00%
Theoretical Best
Office A
$320.1K
$280.1K – $373.4K
NOI $22,406 @ 7.0% cap · market cap 678.97%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
70
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
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Retail space - Retail suite in a new complex with build-out allowances, positioned for salon, office, retail, or specialty food use.
Where is this retail space located?
The property is located at 479 SHORES Boulevard Saint Augustine, FL.
What are key features of this property?
This property features: 1200 sq ft retail suite in a new South St. Augustine complex; Build‑out allowances available, ready by end of 2026; Suite suited for salon, retail, office, or specialty food use
