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1974 State Road 16
Saint Augustine, FL 32084 Greater St Augustine

$2,499,000 USD

Land For Sale  •  4.42 AC

Property Details

  • Property Type Land
  • Lot Size 4.42 AC
  • Zoning Commercial Intensive
0 Transit Score
20 Walk Score

Description

Major opportunity for growth along one of Saint Augustine’s main entry corridors. State Road 16 is rapidly growing commercially, as developers grab up land to supplement the insatiable housing demand in the Saint Augustine metro area. Catch highway travelers and commuters into town - 43,000 cars by per day (FDOT). This parcel has 225 ft of frontage with roughly the first 350ft of depth completely dry. 0.6 acres of wetlands are minimal and mostly towards the back half of property. 

Growth region: With county growth and resident income levels rising, businesses may see potential in serving both local residents and regional traffic.

Accessibility & Exposure: State Road 16 is a significant thoroughfare in the area — exposure is a strong asset in commercial site selection.

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Development Potential/Concept

This ±4.4-acre commercial parcel offers a compelling opportunity for a future flex-industrial or warehouse development along State Road 16 in St. Augustine. The property's approximately 225 feet of frontage and 850 feet of depth provide flexibility for a variety of commercial concepts, subject to engineering, permitting, and governmental approvals.

One conceptual site plan explores the possibility of:

Approximately 55,000 square feet of rentable flex/warehouse space
Two parallel buildings measuring approximately 60' × 500' and 50' × 500'
A mix of 1,000 SF, 2,000 SF, and a limited number of 3,000 SF suites, allowing flexibility for contractors, trades, storage, light industrial, service businesses, and small commercial users
On-site customer and employee parking
Stormwater retention located toward the rear of the property

Based on preliminary calculations:

Site Area: ±191,250 SF (4.39 acres)
Estimated Stormwater Retention: ±48,000 SF (approximately 25%)
Estimated Buildable Area: ±143,000 SF (approximately 3.3 acres)
Conceptual Rentable Building Area: Approximately 55,000 SF

At an assumed lease rate of $30.00 per square foot annually, a fully leased project of this size could generate approximately $1.65 million in gross annual rental income before operating expenses, vacancy, financing costs, taxes, insurance, and maintenance.

This information is provided for conceptual planning purposes only. Buyers should conduct their own due diligence regarding zoning, allowable uses, density, stormwater requirements, utility capacity, environmental conditions, parking requirements, and all local, state, and federal permitting requirements. The conceptual layout has not been approved and is intended solely to illustrate one potential development scenario.

Commercial Intensive zoning: Allows for QSR, Gas Station, Hotel, Recreation, etc. Highly attractive C-I zoning for just about any use.

Current tenant(s) are on a month to month basis.

**DO NOT DISTURB THE TENANTS ON SITE - BY APPOINTMENT ONLY.

Highlights

Prime location immediately off I-95 exit
225 feet of frontage with a site depth of about 350 feet
Daily traffic exposure of roughly 43,000 vehicles
Minimal wetlands (0.6 acres) confined to the back right section of the property
Phase I and Phase II environmental reports
Immense development in the vicinity

Property Flyers

Isaac Green 904-297-3471 97Park, A Private Brokerage Company
Isaac Green 904-297-3471 97Park, A Private Brokerage Company