1974 State Road 16, St Augustine, FL 32084

$2,499,000

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List Price
$2,499,000
Status
ACTIVE
Days on Market
222
Price Change
▼ $196,000 1779915534
MLS#
260574
Lot Size
192,534
Acres
4.42
Subdivision
Commercial Highland
MLS Area Major
05N

Property 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. 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

Courtesy of 97 Park, LLC

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