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Faits saillants de l'investissement

  • 684 Front Footage on Exceptionally Busy SR 16. Roughly 43,000 ADT. See attachment

Résumé de l'annonce

This 8.3 acre site has approximately 684 Front Footage on SR 16. Nothing else on the market comes close!! Site is in the process of being planned and permitted for potential entitlements up to 70,000 sqft. Virtually all of SR 16 has become a High Demand/High Traffic Area. The majority of sites available two years ago are now in some phase of site plan approval, preclosing or development. Note there is a Median Cut already in place on 16 going directly into the drive providing easy access for customers going in either direction. There will be two buildable sites on each side of the drive plus roughly a 1.45 acre retention pond in back. Your clients can purchase the full 8.3 acres, the 2.75 ac site on the East side of the drive, or the 4.1 ac site on the W. side of the drive. Any which way you slice it your client can not possibly get better exposure than these sites afford.
3 of the 4 new housing projects in this market area have recently come directly to 16(please see pics regarding these developments). The upscale Tapestry located just to the W. of this site finished construction recently and is currently leasing. Another was just completed in the 1100 block of SR 16 while another in the 800 to 900 block of 16 has gone vertical as of April 2026. Two of the three new housing developments are for 300+ units. The fourth large housing development (Terrassa) is just North of 16 and E. of I-95 where the high end outlet mall used to be. Terrassa also has over 300 luxury apts. This high growth area is in need of commercial retail and services to satisfy the Mushrooming demand. Due to the unprecedented development activity along SR 16 this has emerged as one of the very few larger sites available. Other non-residential projects coming soon on 16 include a dental bldg w a coffee shop in the 800 block, Atlantic Marine plans to build a new boat showroom in the 2200 block, plus a large retailer is planning to build in the immediate area. Others that have recently opened include an emergency care bldg in the 800 block. and a high end used car dealership (Sunday Drive) in the 2100 block.
In this 1900 SR 16 site plan there are two outparcels of approx 2.75 ac and 4.1 ac (including their proportionate share of retention pond). Sites are ideal for QSR's (quick serve restaurants like Five Guys, Cava, BurgerFi or Panda Express, Drive-Thru coffee & Beverage Shops like Krispy Kreme or Ellianos, Banks-Credit Unions, Urgent Care/Medical Office/Vision Care i.e. America's Best Contacts, or Dental like Heartland & Deca Dental. Also needed is a Pharmacy w Drive-Thru. Specialty Retail like Mattress Firm, Auto Zone, O'Reilly's or Wireless Providers. Car washes like Mr. Clean, Tommy's Tidal Wave or Mister Car Wash. Also a good fit for auto accessory shops like Tint World, Black Optix, Line-X or Color Glo.
With this 1900 SR 16 site plan, in back of the outparcels and E of the pond there is a 1.5 ac parcel which is ideal for a commercial project not requiring frontage. This parcel can accommodate potentially an 18,000 sqft structure up to 5 stories.

ideal for Commercial Flex space, a hotel, a larger scale bed and breakfast built with an Old St. Augustine motif. A few other options include: Tech Schools, College Satellite facilities, Medical/profession office bldg, Top end (Covered) RV and Boat Storage, Large Scale Fitness Facility, Recreation facilities, Adult & Child Care Centers etc. Please check attached Zoning charts to confirm if your project applies. Although this property currently has a 3000 ft metal structure and two businesses on site W. of the drive, they are not necessarily being considered in the valuation of this property.
These sites will be ideal for your clients looking to build structures such as Convenience stores w gas pumps like Gate, Raceway, Marathon or Buc-ee's. Other good fits are grocers like Trader Joe's, Sprouts, Fresh Market or the popular Fitness Studios. Zoning qualifies the site for auto sales which include smaller Car Dealerships whether New of Used.
There are two outparcels detailed in the 1900 and 1910 listings have a total of 5.4 acres directly fronting SR 16. The smaller site is 2.1 acres E. of the drive. The larger site is 3.3 acres W. of the drive. the required retention pond that will service both sites proportionately sits to the N. of the 3.3 ac site which gives us an approx 6.85 ac total for both sites. that can be purchased for $5.3M. Included in the $5.3M price, the owners will pay $400k of the impact fees for the wetlands on site. This is directly on State Road 16 which is the Main Commercial Highway in and out of Old St. Augustine, Fl. The $2.2M price is for the 2.75 ac site on the E. side of the drive. The 4.1 acre site is located W. of the drive. On last review there were only two other larger parcels available in the area. One had 200 ft and the other 225 feet of Frontage on 16. Please note that the 1900 and the 1910 SR 16 listings are the same parcel of land with different approaches as to how it is marketed and developed. To be clear there are two engineer generated site plans in the works for this site depending on the developers vision and needs.

The two businesses currently on site are an Auto Repair Shop and a Used Car Sales.
Zoning in front portion is Commercial Intensive (CI) while the rear portion in (CHT) Commercial Highway Tourist
It is Very Very Important Not to Disturb the Tenant!!

Faits sur la propriété

Prix 8 487 262 $ CAD
Type de vente Investissement
Condition de vente Projet de redéveloppement
Nombre de lots 1
Type de propriété Terrain
Sous-type de propriété Terrain commercial
Utilisation proposée
Commercial
  • Multi-résidentiel
  • Services hôteliers
  • Concessionnaire automobile
  • Banque
  • Dépanneur
  • Garderie
  • Grand magasin
  • Pharmacie
  • Restauration rapide
  • Immeuble indépendant général
  • Soins de santé
  • Club de santé
  • Hôtel
  • Médical
  • Motel
  • Parc de bureaux
  • Centre de magasins
  • Centre de réadaptation
  • Établissement religieux
  • Écoles
  • Entreposage libre-service
  • Station de service
  • Devanture
  • Devanture, bureau ou commerce de détail
  • Centre commercial à ciel ouvert
  • Supermarché
Taille totale du lot 8,30 AC
Zonage CI + CHT - Intensif commercial à l'avant et tourisme commercial sur autoroute à l'arrière.

1 Lot disponible

Lot 2-6

Prix 8 487 262 $ CAD
Prix par AC 1 022 561,63 $ CAD
Taille du lot 8,30 AC

Very High Traffic (43,000 ADT) Site can be configured in different ways. Purchase the 3.3 ac site W of drive (plus .8 ac share of retention) for $3.6M or just the 2.75 acre site E. of drive (including retention) for $2.2M (see 1910 SR 16 Listing).

Relativement accessible à pied
20/100
Exceptionnellement adapté aux voitures
100/100
Inaccessible en vélo
10/100

Impôts fonciers

Impôts fonciers

Numéro de lot
088030-0000
Évaluation du terrain
0 $ CAD
Évaluation des bâtiments
0 $ CAD
Évaluation totale
1 024 065 $ CAD
  • ID d’inscription: 37123811

  • Date de mise sur le marché: 2025-08-05

  • Dernière mise à jour:

  • Adresse: 1900 State Road 16, Saint Augustine, FL 32084

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