0 Agricultural Center Dr St. Augustine, FL 32092
This exceptional 20.49-acre parcel of land, located on Agricultural Center Drive in St. Augustine, Florida (zip code 32092), presents a unique opportunity for industrial development. The property, identified by APN 087550-0080, is zoned for Industrial and Warehousing (IW) uses, offering significant flexibility for a variety of projects. The site boasts a flat topography, eliminating costly site preparation challenges. A key advantage is its excellent accessibility, with easy access to I-95, ensuring seamless transportation logistics. Furthermore, the property benefits from high visibility from I-95 South, providing significant marketing potential. The absence of known wetlands on the site simplifies the development process and minimizes environmental concerns. This offering is particularly attractive given the current market conditions in St. Johns County. The tight industrial market, characterized by historically low vacancy rates and strong rent growth, is projected to continue its upward trajectory, making this a compelling investment opportunity for developers and investors seeking a high-return, low-risk venture in a thriving industrial sector. This prime location, combined with its desirable features, makes this 20.49-acre tract an exceptional opportunity for immediate development or future investment.
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.