2898 Us-1 St. Augustine, FL 32086
This exceptional 4.07-acre commercial property in St. Augustine, Florida, presents a unique investment opportunity. Situated at 2898 US Highway 1 S, zip code 32086, this single-tenant property boasts a total of 15,630 square feet of space, strategically divided into two buildings. The main building encompasses 11,938 square feet, featuring a substantial 3,692 square foot auto bay, ideal for automotive businesses. A secondary 2,496 square foot building, previously used for used car sales, offers versatile space adaptable for office use, storage, or other business needs. Ten garage bays are included, along with a showroom, waiting area, and a covered canopy. The property's location along a major commercial corridor in Northeast Florida ensures high visibility and accessibility. Its proximity to Interstate 95 (less than 6 miles) and Downtown St. Augustine (only 5 miles) provides unparalleled convenience and exposure to a large customer base. The property's size and layout offer significant redevelopment potential, making it an attractive option for a variety of commercial uses. This is a rare opportunity to acquire a substantial property in a thriving market with excellent growth prospects. The property is zoned for retail use, with the subtype including auto dealership, office, and land.
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.
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.