2780 State Rd 16 Saint Augustine, FL 32092-0772
This exceptional commercial property offers 8,461 square feet of retail space situated on a 7.17-acre lot in the rapidly developing St. Johns County, Florida. Located at 2780 State Road 16, this prime location boasts excellent visibility and accessibility, positioned just west of I-95 in St. Augustine, Florida, zip code 32092. The property is currently entirely vacant, presenting a unique opportunity for multiple tenants. The property type is classified as retail land, suitable for a variety of commercial uses. The total building square footage is 8,461 square feet, all of which is available for lease. This presents a significant opportunity for businesses seeking high-visibility locations in a thriving market. The property's strategic location on State Road 16, a major thoroughfare, ensures high traffic volume and exposure to a large customer base. The expansive 7.17-acre lot provides ample space for development and expansion. This is an ideal investment for developers or businesses seeking a prominent presence in St. Augustine's dynamic commercial landscape. The property is situated in St. Johns County, a region experiencing substantial growth and attracting significant commercial investment. This presents a compelling opportunity for long-term growth and return on investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CHT · Saint Augustine, FLCosts & 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.