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OFF-MARKET
Retail properties & Spaces

2450 Sr-16 St. Augustine, FL 32092

Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a well-maintained 9,077 square foot retail property located at 2450 Sr-16 in St. Augustine, Florida, zip code 32092. The property is comprised of four separate units, offering versatility for a range of retail uses. Conveniently situated near I-95 Exit 318, this location provides excellent visibility and accessibility. The property is zoned CHT, making it suitable for a variety of retail concepts, including strip centers and convenience stores. This prime location in the rapidly growing St. Augustine market presents a compelling opportunity for investors seeking to maximize returns. The asking price for this exceptional property is $3,500,000. The property's spacious layout and prime zoning provide an ideal platform to attract a diverse tenant base and generate substantial income. This is a rare chance to acquire a significant piece of St. Augustine's thriving retail landscape and significantly enhance your investment portfolio. The property sits on land, offering potential for future expansion or development. Don't miss this chance to secure a high-return investment in a dynamic and desirable market.

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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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