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    389 Paseo Reyes Dr Saint Augustine, FL 32095-8382

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    389 Paseo Reyes Dr Saint Augustine, FL 32095-8382


    • Strip malls
    • 14,104 SF
    • 1.82 lot acres
    Off-Market
    Property ID
    US18-8453789
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $3,340,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • CT Nails & Spa / Nail Salon
    • Your Pie Palencia / Restaurant
    • Joint Bagel Co / (Bike/Boat/Book/etc) Store / Bakery
    • Cinco de Mayo / Restaurant
    • Edward Jones - Financial Advisor: Lindsey J Taylor, CRPC™ / Financial Advisor

    Property Details for 389 Paseo Reyes Dr

    Year built
    2018
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.82 lot acres
    Property size
    14,104 SF
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    072420 0494
    APU
    724200494

    Description

    This exceptional 2,450 square foot retail storefront is situated within a thriving 18,000 square foot commercial development at 389 Paseo Reyes Dr, St. Augustine, FL 32095. Located in the desirable Palencia/World Golf Village submarket of St. Johns County, this property boasts unparalleled visibility and accessibility, fronting US Highway 1. The building, constructed in 2018, features a single story across three buildings and sits on a generous 4.79-acre lot. The property is zoned PUD and offers a strong tenant mix including a Circle K, a 13,800 square foot retail center, and a 4,200 square foot dental center. Other established businesses in the center include Joint Bagel, Cinco De Mayo, Honey & Sage, B social Boutique, CT Nail Spa, and Edward Jones. This space is part of a multi-tenant building with a total of seven suites. The property offers convenient amenities such as four recently installed EV charging stations. This is an ideal opportunity for businesses seeking high visibility and a strong customer base in a rapidly growing area. The minimum divisible space is 2,450 square feet, with a maximum contiguous space of 2,450 square feet also available. The cross street is Regalo Road.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,337,000
      Market price range: $1.29M - $6.76M
      AI Estimate
      $3,337,000
      Market price range: $1.29M - $6.76M
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $3,585,000
      Current use
      COMMERCIAL (GENERAL)
      $5,155,000
      Change: +44% Conversion: Easy
      AUTO REPAIR, GARAGE
      $3,685,000
      Change: +3% Conversion: Difficult
      MEDICAL BUILDING
      $3,600,000
      Change: +0% Conversion: Difficult
      RETAIL STORES
      $3,480,000
      Change: -3% Conversion: Easy
      OFFICE BUILDING
      $3,055,000
      Change: -15% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Saint Augustine
    County
    St. Johns
    State
    Florida
    Longitude
    -81.3941
    Latitude
    30.0158
    CBSA code
    27260
    CBSA name
    JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $54,015
    $0.00
    $0.00
    $3,103,446
    -
    $952,824
    $2,150,622
    $3,103,446
    More about this property
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