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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

901 King St St. Augustine, FL 32084

Property ID
US18-0394187
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
UPID US18-0394187
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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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