0 Commerce Lake Dr St. Augustine, FL 32095
This exceptional new construction flex office and warehouse complex in St. Augustine's IGP area offers four available condo bays, each spanning 2,310 square feet. The building, totaling 22,680 square feet, features a modern design with 23-foot ceilings, providing ample space for a variety of uses. Each unit is envisioned as a 50/50 split between office and warehouse space, and includes a convenient roll-up door for easy loading and unloading. The property boasts four drive-ins and one shared loading dock, along with eight total parking spaces. Located on a 2.9-acre lot, the property is zoned PUD. While the exact delivery date is to be determined, construction is slated to begin immediately, allowing for customization of the interior build-out after base building completion. The maximum contiguous space available is 9,230 square feet, with a minimum divisible space of 2,310 square feet. This prime location in the St. Augustine submarket presents a unique opportunity for businesses seeking flexible, modern workspace. The building is comprised of one structure with four available suites. No elevators are present.
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
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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.