7280 US HIGHWAY 1, St. Augustine, FL

Land for Sale - $2,899,000 - 4.36 acres

Agent Info

Thomas Hammond

Property Info

  7280 US HIGHWAY 1
  St. Augustine FL 32095
UpdatedApril 24th, 2024
Land4.36 acres

Attached Documents

Property Description

Prime retail, office or other commercial development opportunity on very high traffic US-1 near intersection of International Golf Pkwy just a few hundred feet from Publix, restaurants, a vet clinic, health & wellness, UPS store, ATT, Great Clips, and other retail stores at The Shoppes at Palencia Commons. Property is two side-by-side separate tracts that total 4.36 acres. Seller will consider selling each tract separately. A crossover with turning lane already exists at the north property & a u-turn crossover with turning lane is in front of the south tract. Zoning is CN (Commercial Neighborhood w/FLU Mixed Use) & has many uses as-is, but with a zoning change or PUD and some wetland mitigation, any number of commercial intensive uses could be possible. Fast growing area in need of fast food, oil change center, tire center, retail storefront, offices, or other uses offers very high traffic counts, easy access, and long major highway (US-1) frontage near a major intersection. Owner may carry some financing.

Property is an easy drive by. Buildings are not considered to have any value & will need to be torn down. Gate is locked but can be stepped around after parking at turnout. Dwindling number of properties in this corridor make this a prime location. Buyer should due their own due diligence as to end use, zoning changes, wetlands, environmental, geotechnical and other inspections. Commissions subject to negotiation for less than list price.