901 King St St. Augustine, FL 32084
This exceptional 1.55-acre commercial property, located at 901 W King Street in St. Augustine, Florida (zip code 32084), presents a unique investment opportunity. Boasting a substantial 69,696 square foot lot, this mixed-use parcel is ideally situated within the burgeoning West Augustine Community Redevelopment Area, a 2,155-acre zone primed for commercial expansion. The property benefits from high visibility and significant drive-by traffic, averaging 11,000 vehicles daily. Currently undergoing rezoning, this site offers flexibility for a variety of commercial uses permitted by right. The seller is open to owner financing and build-to-suit options, providing potential buyers with considerable adaptability and financial convenience. This is an unparalleled chance to capitalize on the exciting growth trajectory of West Augustine, creating a thriving commercial venture in a dynamic and developing community. The asking price is $1,290,000. Fresh design standards within the redevelopment area ensure a distinctive and attractive environment for entrepreneurs and businesses. This property is a blank canvas for a wide range of commercial enterprises, from retail and restaurants to office spaces and other commercial services.
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.