Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Versatile Land for Lease Title is generated by Realmo AI

    83 Star Ln, Saint Augustine, FL

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Land available for lease, ideal for storage and distribution.

    Type:LAND
    Lot size:
    9.69 Acres
    Added:
    Jun 26, 2025
    Days on Market:
    342
    Last Refresh:
    May 20 at 8:34 pm

    Property Features for 83 Star Ln

    General Information

    Standard status
    Active
    Lot size
    9.69 Acres
    Property subtype
    LAND

    Spaces For Lease

    at 83 Star Ln Contact us

    We can help!

    Listing Contact
    Colby Sims
    Colby Sims

    Listing agent Colby Sims License #SL682389

    Listing office Newmark Phoenix Realty Group | Jacksonville

    Listing date Jun 26, 2025

    Source Moodyscre

    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 Newmark Phoenix Realty Group | Jacksonville

    HighLights

    • ±9.69 Acres of land suitable for industrial warehouse use.
    • Zoned IW (Industrial Warehouse).
    • Versatile staging and storage ground for regional distribution.
    • Faster response times and streamlined distribution across Northeast Florida.
    • Flexible outdoor storage solutions.
    • Secure and accessible location.

    Overview

    This property, consisting of approximately 9.69 acres, is zoned IW (Industrial Warehouse) and offers flexible outdoor storage solutions. It is located in a marketplace with scarce inventory and high demand. The location on US 1 N provides a versatile staging and storage ground for companies managing regional distribution. This allows for faster response times and streamlined distribution across the Northeast Florida market, helping to improve operational efficiency. It is suitable for companies seeking a secure, accessible, and customizable storage solution to support business operations and growth.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Saint Augustine
    County
    St. Johns
    State
    Florida
    Longitude
    -81.3132
    Latitude
    29.8943

    Nearby Similar for Lease

    • $23,750 SF/Yr
      10,000 SF

      St. Augustine Shores Commercial Space

      Adaptable commercial building in a desirable residential community.
      481 SHORES Boulevard, St. Augustine Shores, FL 32086
      View Details
    • $3,813/Mo
      1,500 SF

      New St. Augustine Shores Commercial Building

      New commercial building for lease in St. Augustine Shores, FL.
      481 A SHORES Boulevard, St. Augustine Shores, FL 32086
      View Details
    • Sponsored
      Contact for pricing

      FL, Saint Augustine - West Town Place

      315 Town Pl, Saint Augustine, FL 32095
      View Details
    • $3,813/Mo
      1,500 SF

      New Freestanding Building For Lease

      Newly constructed building in high-demand market, suites available now.
      481 Shores Blvd, Saint Augustine, FL
      View Details
    • Contact for pricing

      Publix Anchored Shopping Center Space

      Retail and office spaces available in a busy shopping center.
      84 Tuscan Way, Saint Augustine, FL 32092
      View Details
    • Contact for pricing

      St. Augustine Retail/Office Space

      Retail or office space in St. Augustine, Florida.
      303 Anastasia Blvd, Saint Augustine, FL 32080
      View Details
    • $12 SF/Yr
      30,000 SF

      New Industrial Buildings For Lease

      Two new Class A industrial buildings available for lease.
      2449 Dobbs Rd, Saint Augustine, FL
      View Details
    • $25 SF/Yr
      7,444 SF

      Anastasia Blvd Retail Opportunity

      7,444 SF retail space on high-traffic Anastasia Blvd.
      201 Anastasia Blvd, Saint Augustine, FL
      View Details
    • Contact for pricing
      13,260 SF

      Industrial/Flex Space Near Flagler Hospital

      Industrial/flex space available for lease near major transportation routes.
      7 San Bartola Dr, Saint Augustine, FL 32086
      View Details
    • $12 SF/Yr
      6,000 SF

      Industrial Warehouse Space Available

      6,000 SF industrial warehouse space for lease.
      2685 Rolling Hills Dr, Saint Augustine, FL
      View Details
    • $7,500/Mo

      Commercial Land Near Epic Theatres

      Commercial land for rent near Epic Theatres complex.
      State Rd 207, Saint Augustine, FL
      View Details
    • $32 SF/Yr
      13,000 SF

      New Construction Retail/Office Space

      New construction retail and office space in growing area.
      0 FL-16, St Augustine, FL
      View Details

    FAQs

    What type of property is this?
    Land - Land available for lease, ideal for storage and distribution.
    Where is this land located?
    The property is located at 83 Star Ln Saint Augustine, FL.
    What are key features of this property?
    This property features: ±9.69 Acres of land suitable for industrial warehouse use.; Zoned IW (Industrial Warehouse).; Versatile staging and storage ground for regional distribution.
    (904) 238-8486 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Colby Sims
    Colby Sims
    Real Estate License ID: SL682389
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    83 Star Ln, Saint Augustine, FL
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!