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    OFF-MARKET
    Office Spaces

    1 University Blvd, St. Augustine, FL 32086

    Property ID
    Property summary
    AI-generated overview

    This exceptional 136,323 square foot office building in St. Augustine, Florida, presents a unique investment opportunity. Located at 1 University Blvd, 32086, this property boasts a desirable location with visible frontage on the Matanzas River and a pleasant campus ambiance, enhanced by nearby trees, landscaping, and marshlands. The building is comprised of two distinct sections: an academic building and an administration building. The academic building features five brand new roof-mounted HVAC units and a new roof, ensuring optimal climate control and energy efficiency. The administration building underwent $1 million in interior renovations in 2020 and includes two new roof-mounted HVAC units. Both sections offer executive office and medical office space, as well as potential for institutional or school use and specialty applications. The property also includes a well-lit parking lot for convenient access. Furthermore, there is potential for additional buildable area, expanding future development possibilities. Conveniently located near bus stops, this property offers easy access for students and employees. This is a rare opportunity to acquire a substantial, well-maintained office building in a highly desirable location.

    Property profile
    Verified
    Property type Office 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
    • Tyler Ross Physician
    • University of St. Augustine for Health Sciences College University
    • Dr. Adrian Bland Physician
    • Lindsay Perry Physician
    • Garrett Mandel Physician
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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