0 Commercial Dr St. Augustine, FL 32092
This exceptional 2.85-acre commercial and industrial land parcel presents a unique investment opportunity in St. Augustine, Florida. Located on Commercial Drive, the property boasts approximately 750 feet of frontage along I-95, providing unparalleled visibility and accessibility for businesses seeking high traffic exposure. The IW zoning allows for a variety of commercial and industrial uses, subject to St. Johns County approvals. The property's strategic location offers easy access to major highways and transportation hubs, making it an ideal site for businesses requiring convenient logistics. The average daily traffic count on I-95 in this area is approximately 91,500 vehicles, ensuring significant brand visibility. Potential exists for assemblage with an adjacent 1.4-acre parcel across the street (separate transaction). Buyers are responsible for conducting their own due diligence, including investigating potential uplands and feasibility during the inspection period. The property's APN is 087550-0311, and the asking price is $499,999. This is a rare opportunity to acquire a high-visibility commercial property in a rapidly growing area. The property is available immediately.
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.