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    Investment properties

    2570 Us Highway 1 S, St Augustine, FL 32086

    2,882 SF 0.56 ac lot Built 1961
    Individually Owned 3-yr Hold
    Property ID
    US18-5293740
    Property summary
    AI-generated overview

    This exceptional mixed-use property in St. Augustine, Florida, presents a compelling investment opportunity. Located at 2570 US Highway 1 S, this 0.56-acre lot boasts 100 feet of prime frontage on a heavily trafficked highway. The property features a diverse range of income-generating assets, including a residential home currently under a yearly lease (with a May renewal date), a beauty shop with eight independently rented booths, and a leased gun shop. Additionally, a large, separate garage offers further rental potential. The property's strategic location places it directly across from a Walmart and adjacent to an Auto Zone, ensuring high visibility and foot traffic. Built in 1961, the single-story structure sits on a substantial 24,393.6 square foot lot. The property is comprised of three units in total. Owner financing is available, making this an attractive proposition for investors seeking a diversified portfolio with strong potential for rental income and appreciation. This property is also listed for residential sale. This is a rare opportunity to acquire a multi-faceted commercial and residential property in a high-demand location.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1961
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 2,882 SF
    Lot 0.56 ac (24,500 SF)
    Zoning code CG
    APN 244730 0000
    UPID US18-5293740
    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
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.08M
    Blend (final) Blend
    $1.08M
    Owner & transaction history
    Jeffrey B Oakley · 3 yrs held
    Jeffrey B Oakley
    since 2022
    4 recorded transactions
    2022
    2022
    2018
    1969
    Zoning & alternative use
    CG · St Augustine, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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