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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

840 Fl-16 St. Augustine, FL 32084

Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Retail properties & Spaces
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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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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