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4.4 Acre Parcel for Sale in Saint Augustine

 
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1974 State Road 16, Saint Augustine, FL 32084

•  4.42 Acre Parcel  •  Commercial Industrial Zoning 

• 225 Feet of Frontage • FRONTAGE DRY. POTENTIAL MULTI-USE DEVELOPMENT 

$2,499,000

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Property Information and Amenities

4.4 Acre Parcel of Land

Commercial Industrial Zoning

Auto sales/repair shop biz in place on month to month lease. Will stay or can be dismissed upon closing.

Commercial - Intensive zoning allows for a wide variety of commercial uses - local zoning code available on our website menu.

FDOT study of 43,000 cars daily past site.

Site sits on the northbound side of SR-16, traffic headed west. 

Minimal wetlands on site on far back/right side. (under 0.5 acres total)

St. Johns County Utilities confirmed that water, sewer, and reclaimed water service are available.

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1974 State Road 16, Saint Augustine FL 32084

1974 State Road 16, Saint Augustine FL 32084

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Development Potential

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.

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