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    5680 State Road 16

    St Augustine, FL 32092
    • $6,600,000
    • STATUS: Active
    • ON SITE: 111 days
    • MLS #: 199666
    UPDATED: 63 min ago
    $6,600,000
    • 0
      BEDS
    • 22.87
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    15
    Type:
    Commercial
    County:
    Area:
    15

    School Ratings & Info

    Description

    Mixed-use development opportunity strategically located ½ mile west of the signalized intersection of International Golf Parkway and State Road 16 and just ¼ 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. 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. This is one of the fastest growing regions in St. Johns County and is undergoing dramatic growth for future development with increasing populations.

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    © 2021 St. Augustine & St. Johns County Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is believed to be accurate but not guaranteed by the MLS or The DJ & Lindsey Team. Data last updated 2021-03-03T23:30:38.3.
    www.djandlindsey.com/homes/111819291
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    5680 State Road 16 St Augustine, FL 32092

    • Price: $6,600,000
    • Status: Active
    • Updated: 63 min ago
    • MLS #: 199666
    0
    Beds
    0
    Baths
    0
    ½ Baths
    22.87
    Acres
    Neighborhood:
    15
    County:
    Saint Johns
    Area:
    15
    Property Description
    Mixed-use development opportunity strategically located ½ mile west of the signalized intersection of International Golf Parkway and State Road 16 and just ¼ 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. 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. This is one of the fastest growing regions in St. Johns County and is undergoing dramatic growth for future development with increasing populations.
    Exterior Features

    Lot Size 22.87 Acres +/-

    Interior Features

    Office Sq Ft 0

    Property Features

    Bank Corporate Owned YN No Business Description N/A Business Name N/A Cdd YN No Commercial Type AgriculturalOffice ParkRestaurantRetail Comprehensive Plan Desig C Present Zoning Other - See Remarks Short Sale YN No Survey YN No Tax Year 2020 Taxes 3833 Type Of Property Investment

    Listing courtesy of First Coast Sotheby's International Realty.


    © 2021 St. Augustine & St. Johns County Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is believed to be accurate but not guaranteed by the MLS or The DJ & Lindsey Team. Data last updated 2021-03-03T23:30:38.3.
     
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    Saint Augustine FL, 32080