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2960 SR 16 - 2950 & 2960 State Road 16

2 Acres of Commercial Land Offered at $1,950,000 in Saint Augustine, FL 32092

Investment Highlights

  • Located near I-95, Residential Areas & Commercial Areas
  • Multiple Uses – See PUD

Property Facts

Price $1,950,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Carwash
  • Daycare Center
  • Fast Food
  • Office Park
Total Lot Size 2.00 AC

1 Lot Available

Lot

Price $1,950,000
Price Per AC $975,000
Lot Size 2.00 AC

Two Parcels 2950 & 2960 State Road 16

Description

This an excellent property in a high-profile location on the State Road 16 corridor leading from Elevation Pointe development (currently being developed) toward the Mill Creek / Murabella / World Golf Village area. Publix recently announced that it would be building a new store less than 1200 ft. to the east of this property in the Elevation Pointe development (750 multi-family units with 196,632 sq. ft of commercial). This new Publix will be located in Elevation Pointe approx. 5 miles to the east of the current Publix located at the Mill Creek / Murabella / World Golf Village location. The fact that they have two (2) Publix stores this close to one another, shows the dynamic growth scheduled for this immediate area. State Road 16 to be widened to 5 lanes.   This property is located directly across State Road16 from the Elevation Pointe multi-family (750 units) development of Elevation Pointe.   The PUD zoning for this property has a broad range of uses (see the list of Permissible Uses) from Banks with drive-thru, C-Store with gas pumps, carwash facility, QSR with drive-thru and many other Permissible Uses. The property will be a great location for any number of retail type uses in the immediate future.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 087410-0000
  • 087410-0030
Land Assessment
$174,240
Improvements Assessment
$33,264
Total Assessment
$375,210

zoning

Zoning Code PUD (PUD - see attached doc)
PUD (PUD - see attached doc)
  • Listing ID: 28056758

  • Date on Market: 3/24/2023

  • Last Updated:

  • Address: 2960 SR 16, Saint Augustine, FL 32092

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