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    950 Plantation Island Dr St. Augustine, FL 32080

    Sponsored
    For Sale
    $1,900,000

    1.69 Acres, CM-2 Zoning, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.69-acre vacant commercial land parcel presents a remarkable investment opportunity in St. Augustine, Florida. Ideally situated on the south side of State Road 312 and the north side of Plantation Island Drive South, this property boasts excellent visibility and accessibility. The lot, encompassing approximately 73,497 square feet, features an irregular shape with significant frontage: over 218 feet along Plantation Island Drive South and over 269 feet along State Road 312. This strategic location offers substantial potential for a variety of commercial developments. The property is zoned CM-2, providing flexibility for various uses. Furthermore, the convenience of offsite retention is available, simplifying development plans. The asking price for this prime commercial land is $1,900,000. The property's APN is 1622200010. This is a rare chance to acquire a highly visible and well-positioned commercial lot in a thriving St. Johns County location. Don't miss this opportunity to capitalize on the growth and potential of this desirable area. Contact us today to learn more.

    Property Features for 950 Plantation Island Dr

    General Information

    Property type
    Land
    Lot Size
    73,616 SF

    HighLights

    • 1.69± acres (73,497+ SF) of vacant commercial land.
    • Irregularly shaped lot with 218+ feet of frontage on Plantation Island Drive S. and 269+ feet of frontage on State Road 312.
    • CM‑2 zoning.
    • Offsite retention available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery 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
    -81.294618
    Latitude
    29.863397

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    FAQs

    What type of property is this?
    Land - 1.69 Acres, CM-2 Zoning, High Visibility
    Where is this land located?
    The property is located at 950 Plantation Island Dr St. Augustine, FL.
    What is the asking price?
    The asking price for this property is $1,900,000.
    What are key features of this property?
    This property features: 1.69± acres (73,497+ SF) of vacant commercial land.; Irregularly shaped lot with 218+ feet of frontage on Plantation Island Drive S. and 269+ feet of frontage on State Road 312.; CM-2 zoning.
    (904) 358-1206
    Request Owner's contact information
    950 Plantation Island Dr St. Augustine, FL 32080
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    St. Augustine, FL 32080
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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
    950 Plantation Island Dr St. Augustine, FL 32080
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