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    5680 State Road 16

    St Augustine, FL 32092
    • $6,000,000
    • STATUS: Active
    • ON SITE: 15 days
    • MLS #: 1082566
    UPDATED: 167 min ago
    $6,000,000
    • 0
      BEDS
    • 22.87
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    Mixed-use development opportunity strategically located 1/2 mile west of the signalized intersection of International Golf Parkway and State Road 16 and just 1/4 mile west of the SR 16 and CR 16A intersection where the new community entrance to Silverleaf is currently being completed. This International Golf/SR 16 intersection is anchored by a community shopping center with a Publix, Walgreens, CVS, Flagler Health as well as the planned Publix Greenwise coming in 2021. The First Coast Expressway will also be coming to the area just north of this tract by the existing Mill Creek Elementary school and the new High School set to open in the fall of 2021. This is one of the fastest growing regions in St. Johns County and is undergoing dramatic growth for future development with increasingpopulations. The population growth over the next 5 years is 3.30% annually while household growth is 3.29% annually in a one to five-mile radius. Average household income is $122,287 and is projected to be $140,053 in five years in 2025. The annual average daily traffic count is 20,500 cars for SR 16 in front of the subject property.

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    © 2020 Northeast Florida Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than Engel & Völkers Jacksonville are marked with the listing broker’s name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed. Data last updated 2020-11-28T00:24:21.587.

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    5680 State Road 16 St Augustine, FL 32092

    • Price: $6,000,000
    • Status: Active
    • Updated: 167 min ago
    • MLS #: 1082566
    0
    Beds
    0
    Baths
    0
    ½ Baths
    22.87
    Acres
    Neighborhood:
    30-St Johns County-Nw
    County:
    St. Johns
    Area:
    30-St Johns County-Nw
    Property Description
    Mixed-use development opportunity strategically located 1/2 mile west of the signalized intersection of International Golf Parkway and State Road 16 and just 1/4 mile west of the SR 16 and CR 16A intersection where the new community entrance to Silverleaf is currently being completed. This International Golf/SR 16 intersection is anchored by a community shopping center with a Publix, Walgreens, CVS, Flagler Health as well as the planned Publix Greenwise coming in 2021. The First Coast Expressway will also be coming to the area just north of this tract by the existing Mill Creek Elementary school and the new High School set to open in the fall of 2021. This is one of the fastest growing regions in St. Johns County and is undergoing dramatic growth for future development with increasingpopulations. The population growth over the next 5 years is 3.30% annually while household growth is 3.29% annually in a one to five-mile radius. Average household income is $122,287 and is projected to be $140,053 in five years in 2025. The annual average daily traffic count is 20,500 cars for SR 16 in front of the subject property.
    Exterior Features

    Fencing Fenced Partial Lot Description Irregular LotLevelPasture Lot Location Suburban Navigable To Ocean YN No Parking Facilities Other Parking Road Frontage 4 + Lane RoadState Road Road Surface Asphalt Road Waterfront Description Pond Waterfront YN No

    Interior Features

    Total Bldg Sq Ft 0.00

    Property Features

    Commercial Type Investment Current Zoning Or Development Status Other Documents On File Photos On File Occupancy Owner Occp To Vacate Possible Financing 1031 ExchangeCashConventional Present Use Zoned AgriculturalRes-Single Family Property Type Mixed-Use Square Foot Source Tax Roll Type Potential Use CommercialHotel/MotelIndustrial/WarehouseInvestmentMini WarehouseMulti-FamilyOfficeRetailSingle FamilyVacant Land Use Of Adjacent Area AgriculturalChurchCommercialCounty RoadInterstate ExprswyPastureResidentialSchoolState Road Utilities Sewer - Septic SysWater Well(Drinking)

    Listing courtesy of First Coast Sothebys International Realty.


    © 2020 Northeast Florida Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than Engel & Völkers Jacksonville are marked with the listing broker’s name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed. Data last updated 2020-11-28T00:24:21.587.

    Digital Millennium Copyright Act
     
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    Jacksonville Beach FL, 32250