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    16 Summerlin Ln St. Augustine, FL 32095

    Sponsored
    For Lease
    Contact for pricing

    Prime US-1 Frontage, Build-to-Suit Ready

    Lot size:
    5,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.83-acre commercial land parcel in St. Augustine, Florida, presents a unique build-to-suit or ground lease opportunity. Located at 16 Summerlin Lane, the property boasts 160 feet of frontage along heavily traveled US-1, ensuring high visibility and accessibility. The site is zoned CI and is ready to accommodate a single-story building of up to 5,200 square feet, making it ideal for a variety of commercial uses. The property's convenient location in St. Johns County (APN: 074610-0140, Zip Code: 32095) offers easy access to major transportation routes and a thriving local market. Ample shared parking is available, ensuring convenience for customers and employees. Furthermore, the site benefits from a shared master retention system and a lift station, providing efficient water management and robust infrastructure support. This turnkey solution eliminates the complexities of developing new infrastructure, allowing for a streamlined and cost-effective development process. The property's strategic location and comprehensive infrastructure make it an attractive investment for businesses seeking a high-profile location with immediate development potential. This is a rare opportunity to secure a prime commercial site in a rapidly growing area.

    Property Features for 16 Summerlin Ln

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,200 SF

    Unit(s) available at that property

    Space
    Size
    36,155 SF

    HighLights

    • Build‑to‑suit or ground lease opportunity available.
    • 160 feet of US‑1 frontage provides high visibility.
    • Seller financing available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Building Supply Clothing Store Auto Repair Shop Hotel & Motel Kitchen & Bath Department 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
    -81.3596998
    Latitude
    29.9768694

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    FAQs

    What type of property is this?
    Land - Prime US-1 Frontage, Build-to-Suit Ready
    Where is this land located?
    The property is located at 16 Summerlin Ln St. Augustine, FL.
    What are key features of this property?
    This property features: Build-to-suit or ground lease opportunity available.; 160 feet of US-1 frontage provides high visibility.; Seller financing available.
    Request Owner's contact information
    16 Summerlin Ln St. Augustine, FL 32095
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    St. Augustine, FL 32095
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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
    16 Summerlin Ln St. Augustine, FL 32095
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