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    2940 Us Highway 1 St Augustine, FL 32086

    Sponsored
    For Sale
    $2,995,000

    COMMERCIAL - St. Augustine, FL

    Lot size:
    7.82 Acres
    Days on Market:
    21
    Last Refresh:
    Jan 6 at 9:06 am

    Property Features for 2940 Us Highway 1

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    2447800230
    Parking features
    Off Street
    Lot size
    7.82 Acres

    Atlantic Partners Realty St Augustine LLC (904) 797-7442 [email protected]

    Listing agent NOAH BAILEY (904) 643-7450

    Listing date Dec 17, 2025

    Copyright © 2025 Northeast Florida Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    St. Augustine Commercial Land Opportunity

    This 7.8-acre commercial property is located in St. Augustine, Florida, offering approximately 665 feet of frontage on US Highway 1 South. The location benefits from high visibility along one of St. Augustine's busiest corridors, with a 2023 Average Annual Daily Traffic (AADT) count of 41,000 vehicles per day. Site work has been completed, providing a variety of development options. The property includes a billboard that generates monthly income and an optional lease. Situated within the US1 mixed-use commercial corridor, the Commercial Intensive (CI) zoning permits various future commercial uses. A median cut provides convenient access to roadways. The surrounding area features established automotive dealerships, gas stations, fast food restaurants, Ace Hardware, Tractor Supply, regional and neighborhood retail, and professional offices. This property presents a significant commercial opportunity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing 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
    -81.321451
    Latitude
    29.839005

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    FAQs

    What type of property is this?
    Commercial land - Prime commercial land with high visibility on US Highway 1.
    Where is this commercial land located?
    The property is located at 2940 Us Highway 1 St Augustine, FL.
    What is the asking price?
    The asking price for this property is $2,995,000.
    What are key features of this property?
    This property features: - Prime commercial location with +/- 665 feet of frontage on US Highway 1 South.; - High traffic volume: **41,000 vehicles per day (2023 AADT).**; - 7.8-acre site with completed site work, offering a variety of development options.
    (904) 867-3242
    Request Owner's contact information
    2940 Us Highway 1 St Augustine, FL 32086
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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
    2940 Us Highway 1 St Augustine, FL 32086
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