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    840 Fl-16 St. Augustine, FL 32084

    For Lease
    Contact for pricing

    Prime St. Augustine retail space, high visibility.

    Lot size:
    2,215 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional commercial property in St. Augustine, Florida, offers a 2,215 square foot end-cap retail suite ideally situated at 840 FL-16, zip code 32084, within St. Johns County. The space presents a unique opportunity for businesses seeking high visibility and strong foot traffic. The property boasts a 25,000 average daily traffic count (ADT), ensuring significant exposure to potential customers. Its strategic location offers close proximity to a Publix supermarket, further enhancing its appeal and accessibility. The suite's design allows for the potential addition of a drive-thru and patio seating, providing added convenience and flexibility for a variety of businesses. Adding to the property's desirability is the construction of 1,000 new residential units within a three-mile radius, promising a substantial increase in potential clientele in the near future. This property is classified as retail and land, with multiple tenancy options available. The total building square footage is currently zero, reflecting the vacant space's potential for development and customization to suit a tenant's specific needs. This prime location in St. Augustine offers an unparalleled opportunity for growth and success. The property's latitude and longitude coordinates are 29.91642694 and -81.35751344 respectively.

    Property Features for 840 Fl-16

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,215 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    2,215 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    St. Augustine
    County
    St. Johns
    State
    Florida
    Longitude
    -81.35751344
    Latitude
    29.91642694

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    FAQs

    What type of property is this?
    Land - Prime St. Augustine retail space, high visibility.
    Where is this land located?
    The property is located at 840 Fl-16 St. Augustine, FL.
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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
    840 Fl-16 St. Augustine, FL 32084
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