2450 Sr-16 St. Augustine, FL 32092
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.
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
Similar Nearby for Lease
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.