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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

701 Market St St. Augustine, FL 32095

Property ID
Property summary
AI-generated overview

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.

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
Current use
Occupant on record · Public records
  • triedata (Bike/Boat/Book/etc) Store Corporate Office
  • Nevin Engineering Services, Inc. Engineering Consultant
  • Palencia Business Center Business Service Center Postal Service
  • Barbara J McDougall, PsyD, PA Physician Medical Clinic
  • Purely Digital Marketing Marketing & Advertising (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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