16 Summerlin Ln St. Augustine, FL 32095
This exceptional 0.83-acre commercial land parcel in St. Augustine, Florida, presents a unique build-to-suit or ground lease opportunity. Located at 16 Summerlin Lane, the property boasts 160 feet of frontage along heavily traveled US-1, ensuring high visibility and accessibility. The site is zoned CI and is ready to accommodate a single-story building of up to 5,200 square feet, making it ideal for a variety of commercial uses. The property's convenient location in St. Johns County (APN: 074610-0140, Zip Code: 32095) offers easy access to major transportation routes and a thriving local market. Ample shared parking is available, ensuring convenience for customers and employees. Furthermore, the site benefits from a shared master retention system and a lift station, providing efficient water management and robust infrastructure support. This turnkey solution eliminates the complexities of developing new infrastructure, allowing for a streamlined and cost-effective development process. The property's strategic location and comprehensive infrastructure make it an attractive investment for businesses seeking a high-profile location with immediate development potential. This is a rare opportunity to secure a prime commercial site in a rapidly growing area.
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
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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.