4305 Us-1 St. Augustine, FL 32086
This exceptional 4,373 square foot commercial property presents a unique redevelopment opportunity in the thriving St. Augustine market. Situated on a 1.067-acre lot, this former bank branch boasts a highly desirable location on US-1/Dixie Highway, a major thoroughfare with over 39,500 vehicles passing daily. The property's high visibility and convenient access make it ideal for a variety of uses, particularly quick-service restaurants (QSRs). The existing building features four drive-thru lanes, a significant advantage for businesses requiring this type of customer service. Ample parking is available with 26 spaces. The property is zoned Commercial General, offering flexibility for potential tenants. Its strategic placement adjacent to a Publix Super Market provides excellent synergy and increased foot traffic potential. This is a rare chance to acquire a well-located, versatile property in a rapidly growing area of St. Johns County. The substantial building size and generous land area offer significant potential for expansion or modification to suit a variety of business needs. This property is ready for its next chapter, offering a strong return on investment for the discerning buyer. The existing infrastructure, including the drive-thru lanes, represents a significant cost savings for future development. Don't miss this opportunity to secure a prime commercial location in a high-traffic area of St. Augustine.
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.