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Jacksonville Redevelopment 6050 St Augustine Rd 3,283 SF Retail Building Jacksonville, FL 32217 $4,885,195 CAD ($1,488.03 CAD/SF)



Investment Highlights
- Lease option exists
- Previously Bank building with all infrastructure in place
- Strong daily traffic counts
- Perfect for dispensary or bank branch
Executive Summary
REMAX 360 proudly presents a prime redevelopment directly along St Augustine Road, in the San Marco submarket. The property features a freestanding retail building of approximately 3,300 square feet situated on roughly 43,000 square feet of land—just under one acre. Its strategic position offers strong redevelopment and repositioning potential. St. Augustine Road carries over 25,000 vehicles a day at this location, while University Boulevard sees approximately 53,000 vehicles daily. This high-traffic exposure provides exceptional visibility and access, making the site ideal for medical, wellness, or professional users seeking a presence in a rapidly growing corridor. The seller will also consider a ground lease.
The property consists of a ±3,283 square foot building situated on approximately 43,500 square feet of land (just under one acre) with direct frontage and strong visibility along St. Augustine Road.
The building was previously operated as a bank branch, and as a result already incorporates many physical characteristics highly desirable for single-tenant retail operators, including a secure standalone structure, dedicated parking, controlled access points, and efficient customer circulation.
Because of these attributes, the highest and best use today is the continued operation of the property as a single-tenant retail building, particularly for users such as financial institutions, cannabis dispensaries, medical retail, or other service-oriented operators seeking a visible location with strong daily traffic.
The surrounding corridor benefits from significant vehicle exposure, with approximately 25,000 vehicles per day along St. Augustine Road and roughly 53,000 vehicles per day along nearby University Boulevard, providing excellent accessibility and customer visibility.
While the immediate opportunity centers on the adaptive reuse of the existing building, the underlying land parcel provides future redevelopment flexibility for an investor seeking a long-term repositioning strategy.
The property consists of a ±3,283 square foot building situated on approximately 43,500 square feet of land (just under one acre) with direct frontage and strong visibility along St. Augustine Road.
The building was previously operated as a bank branch, and as a result already incorporates many physical characteristics highly desirable for single-tenant retail operators, including a secure standalone structure, dedicated parking, controlled access points, and efficient customer circulation.
Because of these attributes, the highest and best use today is the continued operation of the property as a single-tenant retail building, particularly for users such as financial institutions, cannabis dispensaries, medical retail, or other service-oriented operators seeking a visible location with strong daily traffic.
The surrounding corridor benefits from significant vehicle exposure, with approximately 25,000 vehicles per day along St. Augustine Road and roughly 53,000 vehicles per day along nearby University Boulevard, providing excellent accessibility and customer visibility.
While the immediate opportunity centers on the adaptive reuse of the existing building, the underlying land parcel provides future redevelopment flexibility for an investor seeking a long-term repositioning strategy.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,283 SF
Building Class
C
Year Built
2001
Price
$4,885,195 CAD
Price Per SF
$1,488.03 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.98 AC
Zoning
CCG-1, County - CCG-1 is intended to accommodate “community-level commercial development” —
Parking
20 Spaces (6.09 Spaces per 1,000 SF Leased)
Frontage
194’ on St Augustine Rd
Amenities
- Pylon Sign
- Drive Thru
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 149689-0000 | Improvements Assessment | $723,779 CAD |
| Land Assessment | $1,117,292 CAD | Total Assessment | $1,841,071 CAD |
Property Taxes
Parcel Number
149689-0000
Land Assessment
$1,117,292 CAD
Improvements Assessment
$723,779 CAD
Total Assessment
$1,841,071 CAD
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Jacksonville Redevelopment | 6050 St Augustine Rd
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