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    1211 Cypress Rd St. Augustine, FL 32086

    For Sale
    $1,900,000

    Prime Commercial Land, Mobile Home Park Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional investment opportunity encompasses a substantial 311,889.6 square foot mixed-use property located at 1211 Cypress Road, St. Augustine, Florida, 32086. The asking price is $1,900,000. This expansive parcel includes two distinct parcel IDs (099150-0000 and 099160-0000), encompassing both 1211 and a portion of 1235 Cypress Road. The property's unique configuration presents a compelling investment prospect. Currently, the land includes a mobile home park with fourteen rental sites, each approximately half an acre in size. Each site is equipped with its own well and septic system, offering significant operational independence and potential for future development. The existing mobile home park provides immediate rental income, while the substantial lot size allows for diverse expansion or redevelopment possibilities. This property is situated in St. Johns County, Florida, offering a strategic location within a growing community. The combination of existing income generation and significant development potential makes this a truly remarkable investment opportunity. Detailed site plans and financial information are available upon request. This is a rare chance to acquire a large parcel of land with established income and significant upside potential in a desirable Florida location.

    Property Features for 1211 Cypress Rd

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Building Supply Clothing Store Gym & Fitness Auto Repair Shop Pharmacy Wholesale Shop Hotel & Motel Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    St. Augustine
    County
    ST. JOHNS
    State
    Florida
    Longitude
    -81.3490387
    Latitude
    29.8488801

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, Mobile Home Park Potential
    Where is this land located?
    The property is located at 1211 Cypress Rd St. Augustine, FL.
    What is the asking price?
    The asking price for this property is $1,900,000.
    Request Owner's contact information
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    St. Augustine, FL 32086
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    Realmo Value Estimation

    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.

    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.

    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
    1211 Cypress Rd St. Augustine, FL 32086
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