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    2350 Ponce De Leon Blvd St. Augustine, FL 32084

    For Sale
    $3,825,000

    High-Return Gas Station & Tire Center

    Property size:
    7,496 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional St. Augustine property offers a lucrative investment opportunity. The 7,496 sq ft site includes a well-established Shell gas station, convenience store, and a thriving First Coast Tire & Service Center, operating from two buildings on a 0.6-acre lot. Built in 1986 and renovated in 2019, the property boasts 100% occupancy, generating a strong NOI of $393,358 and a 10.28% cap rate. Features include eight service bays, four gas pumps, 14-16' ceilings, and 3-phase power. The property is zoned CM-2, allowing for diverse commercial uses, including car washes, self-storage, or other ventures. The sale includes all business assets, offering immediate profitability and significant redevelopment potential. The current gas station operator will vacate upon sale. This turnkey operation presents a rare chance to acquire a high-performing business and prime real estate in a prime St. Augustine location (2350 N Ponce De Leon Blvd, St. Augustine, FL 32084). The asking price is $3,825,000. A Phase I ESA (2024) is available.

    Property Features for 2350 Ponce De Leon Blvd

    General Information

    Property type
    Automotive properties
    Square Feet
    7,496 SF
    Class
    B
    Lot Size
    26,136 SF

    Building Details

    Year Built/Renovated
    1986/2019
    Buildings
    2
    Stories
    1
    Units
    2

    HighLights

    • High‑visibility corner lot at a St. Augustine gateway, offering excellent ingress/egress.
    • Established, profitable First Coast Tire & Service Center business included.
    • 7,496 SF building on 0.60 acres with 8 service bays, fuel pumps, and signage.
    • Sale includes real estate, business assets, client lists, vendor agreements, and equipment.
    • No existing fuel service agreement; buyers can negotiate new terms.
    • Clean Phase I Environmental Site Assessment (ESA) completed in 2024; no further environmental investigation needed.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Shell Gas Station First Coast Tire ... Tire Shop Food Mart Convenience Store Tringali Investments Financial Planner

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    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
    -81.323531535603
    Latitude
    29.913957294296

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    FAQs

    What type of property is this?
    Automotive property - High-Return Gas Station & Tire Center
    Where is this automotive property located?
    The property is located at 2350 Ponce De Leon Blvd St. Augustine, FL.
    What is the asking price?
    The asking price for this property is $3,825,000.
    What are key features of this property?
    This property features: High-visibility corner lot at a St. Augustine gateway, offering excellent ingress/egress.; Established, profitable First Coast Tire & Service Center business included.; 7,496 SF building on 0.60 acres with 8 service bays, fuel pumps, and signage.
    Request Owner's contact information
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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
    2350 Ponce De Leon Blvd St. Augustine, FL 32084
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