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    2301 Fl-16 St. Augustine, FL 32084

    For Sale
    $3,750,000

    9.75 Acres, High-Traffic Area, CI Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 9.75-acre commercial land parcel presents a remarkable investment opportunity in St. Augustine, Florida. Strategically located on State Road 16, just east of I-95, this property benefits from its position within a thriving commercial corridor. The site boasts approximately 200 feet of frontage on SR 16 and approximately 825 feet of frontage on Green Acres Road, ensuring high visibility and accessibility. Its CI zoning allows for a wide range of commercial development possibilities. The property's prime location is further enhanced by its proximity to major retailers, including a recently constructed Wawa, Chick-fil-A, Valvoline, and numerous other businesses such as hotels, outlet stores, car dealerships, restaurants, and convenience stores. This high-traffic area guarantees significant exposure and potential for substantial returns. The asking price for this exceptional property is $3,750,000. This presents a unique chance to acquire a substantial land holding in a rapidly growing area with excellent access to major transportation arteries. The property is situated in St. Johns County, Florida, with a zip code of 32084. Don't miss this opportunity to secure a prime piece of commercial real estate in a highly desirable location.

    Property Features for 2301 Fl-16

    General Information

    Property type
    Land
    Lot Size
    424,710 SF

    HighLights

    • 9.75‑acre commercial land parcel in St. Augustine, FL.
    • Strategically located on State Road 16, east of I‑95, in a thriving commercial corridor.
    • High visibility with ~200' frontage on SR 16 and ~825' on Green Acres Road.
    • CI zoning allows diverse commercial development.
    • $3,750,000 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    St. Augustine
    County
    St Johns
    State
    Florida
    Longitude
    -81.406134
    Latitude
    29.914105

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    FAQs

    What type of property is this?
    Land - 9.75 Acres, High-Traffic Area, CI Zoning
    Where is this land located?
    The property is located at 2301 Fl-16 St. Augustine, FL.
    What is the asking price?
    The asking price for this property is $3,750,000.
    What are key features of this property?
    This property features: 9.75-acre commercial land parcel in St. Augustine, FL.; Strategically located on State Road 16, east of I-95, in a thriving commercial corridor.; High visibility with ~200' frontage on SR 16 and ~825' on Green Acres Road.
    (904) 347-9272
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    2301 Fl-16 St. Augustine, FL 32084
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    St. Augustine, FL 32084
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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
    2301 Fl-16 St. Augustine, FL 32084
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