4900-A Us Highway 1 St. Augustine, FL 32086
This exceptional 7.02-acre mixed-use property in rapidly developing South St. Augustine, Florida, presents a compelling investment opportunity. Priced at $599,000, this parcel offers 3.44 acres of buildable land, ideal for high-intensity commercial development. The remaining acreage is comprised of a shared retention pond, already developed. The site boasts significant infrastructure advantages, including a completed shared retention pond, underground drainage, roadway, and curbing. Its strategic location at a signalized intersection on US Highway 1 South, with a northbound turn lane, ensures high visibility and accessibility. Neighboring established businesses like a CVS and a nearly completed GATE Carwash further enhance its desirability. The area is experiencing a surge in commercial, residential, and multi-family development, making this a prime location for future growth. All necessary studies are complete, and a recent topographical survey and appraisal are readily available. The seller is open to subdividing the property into smaller parcels of approximately one acre each, offering flexibility for various development scenarios. This is a truly shovel-ready opportunity in a high-growth market. The property is zoned for high-intensity commercial use, providing ample development potential. Located at 4900-A US Highway 1 South, St. Augustine, FL 32086, this property sits on a 47,044.8 sq ft lot.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.