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Property profile & analytics
OFF-MARKET
Specialty properties

2640 Us-1 St. Augustine, FL 32086

1,542 SF 1.33 ac lot Built 1959
Property ID
Property summary
AI-generated overview

This exceptional 1,542 sq ft retail property at 2640 US-1 in St. Augustine, FL (32086) presents a unique investment opportunity. Situated on a 1.33-acre lot (57,935 sq ft) with 200 feet of prime US-1 frontage, this location boasts an estimated 40,000 cars per day. The single-tenant building, constructed in 1959 and extensively renovated in 2024, features a new roof, plumbing, paint, and flooring. The property is zoned CI and has ample parking and storage. Previous uses include retail, car rentals, a car dealership, and a restaurant/bar, demonstrating its versatility. The seller will consider a long-term land lease of the northern section to a national tenant or a lease of the entire 1.33 acres, allowing for demolition of the existing building and build-to-suit development of multiple establishments. This prime location is ideal for various businesses, including fast food, oil change, coffee shops, tire shops, car rentals, car/RV dealerships, banks, and car washes. The property's APN is 2447700000. This is a rare chance to acquire a highly visible and versatile commercial property in a thriving area.

Property profile
Verified
Property type Specialty properties
Year built 1959
Total area 1,542 SF
Lot 1.33 ac (57,935 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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