840 State Road 16 Saint Augustine, FL
$ 2,343,531
Property Attributes
  • MLS#181189
  • TypeCommercial
  • CitySaint Augustine
  • Area05N
  • Zip32084
  • StyleRetail
  • Taxes$ 5431
  • Price$ 2,343,531
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size3.5 Acres
Listing Provided Courtesy Of:
Florida Homes Realty & Mortgage
Data Source:
St. Augustine & St. Johns County BOR (SASJC) - 62 - FL
Property Description

SR 16's ONLY CONSTRUCTION READY-PAD READY SITE!!! Please note that the larger 2.3 acre site is currently pending and not available to show at this time. APPROX 27,000 Cars per day or 10 Mil/yr. $2.343,531 for the full 3.5 acre site with approx 670 ft frontage on 16. Fully planned and permitted with the SJRWMD, COSA (water & sewer) and FDOT (median turn & decel lane) & FDEP wastewater permits issued. Engineering includes drainage & water runoff & retention ponds (see plans in pics). Owners will consider doing a build to suit project for high-quality National tenant. The new SR 313 which goes from SR 207 to SR 16 has had the first mile funded and will start March 2022. When completed the interchange/drop onto SR 16 will be just 1/4 mile to the West. This 3.5 acre parcel has 2 sites. 1.22 acre site on W side of entry approved for 6,000 sqft building with concurrency for 3 lanes of drive thru. Priced at $17/ft ($899,443). 1.22 acre site is ideal for a green inspired business i.e. solar panels, high efficiency windows etc. Also perfect for a pharmacy, microbrewery, craft beer restaurant, bank, fast food, specialty retail, medical clinic or medical retail, veterinary office etc. Entry way is lighted, landscaped & marquee signage. The larger, 2.28 acre site on the E. side of drive is approved for 20,700 sqft of specialty retail. Priced at $14.5/ft ($1,440,097). Great for strip centers, doctors or emergency medical complex, dentists, lawyers, insurance, convenience stores, fast food or top end restaurants, satellite college campuses, private schools and pharmacies. All above with or without drive thru's etc. Owners paid for concurrency, median turn lane, deceleration lane, upscale lighted and landscaped entry way, lift station, force main, retention ponds, storm drains, fire hydrants, previous engineering fees, surveys, phase 1 environmental, geotech borings, application/permit fees etc. Over $900,000 worth of site improvements are already done and paid for. (Note, test and studies do expire and will need to be updated by purchaser. Originally all test and studies passed). SR 16 has recently added: Floor Depot, Brighton Day Academy, Fidus Roofing, BoJangles, Shores Liquor, Zaxby's, WaWA, Chick-fil-A, Kangaroo Gas, Dollar General. Several other projects in planning and will start soon.

Price History
8/14/2018 Listed $2,138,000

General Features

Bank/Corporate Owned? No
Bathrooms 1
Electric 220 V
Legal Description Lengthy metes and bounds. See attached survey for full and separate legals for the 1.22 acre site and the 2.28 acre site. Govt. lot 4, Sec 2, Township 7 South, Range 29 East.
Listing Area 05N
Parking 125
Possession Immediate
Status Active
Status Active
Stories 1
Taxes 5431
Type Retail
Water City, Public Water

Exterior Features

Available Date 2021-01-01
Lot Dimensions 1.2 & 2.3 acres
Lot Size Area 3.5


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 32084

AVG $1.71M
AVG 128
AVG 42
Data Provided by Walkscore ® not using MLS data

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