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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

2898 Us-1 St. Augustine, FL 32086

15,630 SF
Property ID
Property summary
AI-generated overview

Exceptional investment opportunity in St. Augustine, Florida! This 4.07-acre property boasts two buildings totaling 15,630 square feet, ideally suited for an auto shop, dealership, or other commercial uses. The main building features 11,938 square feet, including a 3,692-square-foot auto bay, offering ample space for repairs and maintenance. An additional 2,496-square-foot building provides versatile space for offices, storage, or showroom expansion. Ten garage bays, a showroom, waiting area, and covered canopy are included. The property's zoning (CI) allows for a variety of uses. Located on US Highway 1 South, this highly visible location benefits from a traffic count of 41,280 AADT, ensuring high visibility and accessibility. Convenient access to major roadways, including I-95 (less than 6 miles) and downtown St. Augustine (5 miles), enhances its appeal. The property is divisible into two 2-acre parcels, presenting further development potential. This turnkey operation offers significant upside for a savvy investor seeking a prime commercial location in a thriving market. The asking price is $4,900,000, with a price per square foot of $313.50.

Property profile
Verified
Property type Retail properties & Spaces
Total area 15,630 SF
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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