0 State Road 16St. Augustine, FL 32084

This exceptional 9.38-acre vacant land parcel in St. Augustine, Florida, presents a remarkable investment opportunity. Located on the north side of State Road 16, approximately 1.5 miles east of I-95, this property boasts over 600 feet of frontage on SR-16, ensuring high visibility and accessibility. Currently zoned OR (Open Rural) within a Mixed Use Future Land Use district, the land offers significant development potential. The site is strategically positioned at the intersection leading to the new D.R. Horton Sebastian Cove community, and adjacent to a future Culver's restaurant currently under construction. A concept design envisions two buildings totaling 18,500 square feet with 78 parking spaces. Approximately 3.5 acres are uplands. The property's location offers exceptional access to a high traffic volume, with an average annual daily traffic count of 37,500 vehicles on SR-16. The parcel's size, zoning, and prime location make it ideal for a variety of commercial developments. The property's location near I-95 provides easy access to major transportation routes. The asking price is $1,800,000. The property's APN is 088200-0000.