Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Center Place Way St. Augustine, FL 32095

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Center Place Way St. Augustine, FL 32095

    View on Map
    • Land
    • 2.50 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Center Place Way

    Lot size
    2.50 lot acres
    Property type
    Land

    Description

    This exceptional 2.5-acre parcel is located at 0 Center Place Way, Section B, St. Augustine, FL 32095, and is offered at $1,975,000. Situated in the rapidly developing World Golf Village, this high and dry lot boasts a coveted corner location offering unparalleled visibility. The property is zoned PUD, allowing for Commercial Intensive or Industrial Warehouse development, making it ideal for a variety of uses. Its strategic position near the I-95/International Golf Parkway interchange provides easy access and high traffic exposure. The area is experiencing significant growth, with nearby established businesses including Costco, Buc-ee's, Ring Power, and the Holiday Inn. Future developments planned for the area include Bass Pro Shops, Fields Auto Group, and Home Depot, further enhancing the property's value and potential. The lot's size is 2.5 acres, with the APN 027090-0104. An adjoining 2.5-acre parcel is also available for purchase, providing the option of acquiring a combined 5-acre site. This presents a remarkable opportunity for investors and developers seeking a prime commercial location in one of Florida's fastest-growing areas. Directions: From I-95, take the Eastbound exit for International Golf Parkway. Turn right on Center Place Way. The property is on the right, just before the Holiday Inn.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    St. Augustine
    County
    St. Johns
    State
    Florida
    Longitude
    -81.4558
    Latitude
    29.984

    Comparable in this City

    • Value Estimation by Request
      7.27 Acres

      4533 Avenue A

      Land • 7.27 Acres
      4533 Avenue A, St. Augustine, FL 32095
      View Details
    • Value Estimation by Request
      5.50 Acres

      6220 1St St

      Specialty properties • 5.50 Acres
      6220 1St St, St. Augustine, FL 32095
      View Details
    • Value Estimation by Request
      5.50 Acres

      6220 Us-1

      Land • 5.50 Acres
      6220 Us-1, St. Augustine, FL 32095
      View Details
    • Value Estimation by Request
      0.83 Acres

      16 Summerlin Ln

      Land • 0.83 Acres
      16 Summerlin Ln, St. Augustine, FL 32095
      View Details
    • Value Estimation by Request
      18.24 Acres

      9080 Us-1

      Land • 18.24 Acres
      9080 Us-1, St. Augustine, FL 32095
      View Details
    • Value Estimation by Request

      International Golf Pkwy

      Distribution properties
      0 International Golf Pkwy, St. Augustine, FL 32095
      View Details

    Similar Nearby for Sale

    • $1,299,000
      52.70 Acres

      St Augustine Land For Sale

      52.7 acres of land ready for development.
      Venetian Blvd, St Augustine, FL 32095
      View Details
    • $2,999,000

      St. Augustine Land For Sale

      Land available for sale in St. Augustine, Florida.
      6550 Us Highway 1, St Augustine, FL 32095
      View Details
    • $115,000
      1.49 Acres

      St. Augustine Land Opportunity

      1.49 acres of land in St. Augustine, Florida.
      Porter Road Ext, St Augustine, FL 32095
      View Details
    • Contact for pricing

      Land Parcels Available for Sale

      Up to 3.12 acres available for purchase or ground lease.
      1 & San Sebastian Vw, St Augustine, FL 32095
      View Details
    • $649,000
      0.83 Acres

      St. Augustine Commercial Land - $649K

      Prime US-1 Frontage, Build-Ready Lot
      16 Summerlin Ln, St. Augustine, FL 32095
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      5,200 SF

      St. Augustine Commercial Land Opportunity

      Prime US-1 Frontage, Build-to-Suit Ready
      16 Summerlin Ln, St. Augustine, FL 32095
      View Details
    • Contact for pricing

      Land For Lease Near Nocatee

      Ground lease opportunity near Nocatee, Ponte Vedra, and St. Johns.
      10440 Us Highway 1, St Augustine, FL 32095
      View Details
    • Contact for pricing

      Land Lease Opportunity Available

      Land for lease near residential, golf, and school.
      10440 Us Highway 1, St Augustine, FL 32095
      View Details
    • Contact for pricing
      5 SF

      Industrial Land Ready For Rent

      5.25-acre heavy-industrial property ideal for trucking, logistics, and storage.
      83 Star Ln, St Augustine, FL 32095
      View Details
    • Contact for pricing

      Flexible Workspace Solutions Available

      Global network of workspaces with tailored options.
      405 Golfway Dr W, St Augustine, FL 32095
      View Details
    • Contact for pricing

      Starbucks-Anchored Retail Center For Lease

      Retail center with flexible floorplans, ideal for diverse businesses.
      155 Palencia Village Dr, St Augustine, FL 32095
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Center Place Way
    St. Augustine, FL 32095
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!