840 Fl-16 St. Augustine, FL 32084
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.