701 Market St St. Augustine, FL 32095
This 915 sq ft retail condo unit, located at 701 Market St in St. Augustine, FL 32095, presents a unique investment or owner-user opportunity within the thriving Palencia community. Situated in a vibrant planned unit development with over 2,600 homes, this storefront boasts high foot traffic and proximity to 300,000 sq ft of retail and 600,000 sq ft of office space. Palencia's amenities, including an 18-hole golf course, tennis center, and extensive parkland, attract a large and active population. Unit 104A offers a desirable dual access point – a main lobby entrance and a private exterior entrance – enhancing convenience for both customers and staff. The asking price is $375,000. This "bite-sized" investment is ideal for those seeking to capitalize on Palencia's dynamic environment, whether for business expansion or a strong investment in a high-demand area. The property's central location provides easy access to Jacksonville and other areas of St. Johns County. This exceptional storefront offers a blend of convenience, visibility, and access to a thriving community, making it an attractive proposition for a variety of businesses.
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triedata (Bike/Boat/Book/etc) Store Corporate Office
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Nevin Engineering Services, Inc. Engineering Consultant
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Palencia Business Center Business Service Center Postal Service
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Barbara J McDougall, PsyD, PA Physician Medical Clinic
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Purely Digital Marketing Marketing & Advertising (Bike/Boat/Book/etc) Store
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.