Entity Owned 
For Sale
1 / 23
$5,974,000
1900 State Rd 16 St Augustine, Saint Augustine, FL 32084
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Property summary
AI-generated overview
The property is a 12-acre commercial land parcel on State Road 16 that has engineer-generated site plans in the planning and permitting stage. The site includes an existing 3,000 SF metal structure, and there are nearby existing businesses west of the drive referenced in the property’s descriptions. The proposed development concept allows potential entitlements up to 100,000 SF and contemplates multiple configuration options, including front outparcels, drive-thru end-cap concepts, and a larger back-of-site development that could accommodate a structure with up to a 15,000 SF footprint, with potential vertical development considered up to five stories. Access is supported by a median cut on SR 16 providing entry from either direction, and each 3.5-acre portion offers approximately 412 feet of frontage; the total frontage is approximately 823.5 feet per the tax roll. Zoning is described as Commercial Intensive (CI) in the front portion and Commercial Highway Tourist (CHT) in the rear portion, and the site is stated to qualify for auto sales, including smaller car dealership uses. The conceptual layout provides buildable 3-acre sites on each side of the drive with retention ponds of approximately 1/2 acre behind each side, and the site is described as divisible into configurations such as the full 7 acres, one full 3.5-acre side, or approximately 1.15 acres including its retention portion.
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1983
Construction
STEEL FRAME
Total area
3,000 SF
Lot
29.06 ac (1,265,854 SF)
Zoning code
CHT
APN
088030 0000
UPID
US18-1794620
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.14M
Blend (final)
Blend
$470k
Owner & transaction history
since 2005
3 recorded transactions
Zoning & alternative use
CHT · Saint Augustine, FL
Top alternative use upside
Office building
$975,000
+24.3%
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
5 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$470k
Value range
$423k – $517k
±10% around blend
Estimated value / SF
$157 / SF
Confidence
Property data
100
Market benchmarks
67
Comparable evidence
60
$423k
blend $470k
$517k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
3,000 SF
Lot area
29.06 ac
Year built
1983
Stories
1
APN
088030 0000
Zoning
CHT
Assessed value
$1,116,532
Annual tax
$10,017
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$1.14M
Range $327k – $1.14M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$470k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 30 sales
$261
-40%
County 33 sales
$258
-39%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $157/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Office Building
Gross theoretical uplift
+24%
vs current-use indication
Auto Repair, Garage · current use
Medical Building
Neighborhood: Shopping Center
Retail Stores
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.12M
Move the market yield to see immediate price impact.
Value / SF
$372
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$70k
$1.41M
$1.00M
$782k
$78k
$1.56M
$1.12M
$868k
$86k
$1.72M
$1.23M
$955k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$10,017
Tax year 2023
Assessed value
$1,116,532
Assessed 2023
Previous assessed
$492,327
+126.8% YoY
Effective rate
0.90%
On assessed value
Land market value
$982,601
Improvement market value
$133,931
Total market value
$1,116,532
Applied tax rate
450.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
For Sale
Year built
1983
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
WINDOW A/C
Stories
1
Total area
3,000 SF
Lot
29.06 ac (1,265,854 SF)
Zoning code
CHT
APN
088030 0000
UPID
US18-1794620
Jurisdiction
ST JOHNS
Zoning & alternative use
CHT · Saint Augustine, FLZoning CHT · permitted uses
CHT · Saint Augustine, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1983
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
29.06 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
CHT
Jurisdiction
Saint Augustine, FL
Recorded code
CHT
Ownership Intelligence
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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