Preferences

5680 State Road 16

St Augustine, Florida, 32092, United States

Property ID: #652068 // commercial
5680 State Road 16
Image thumbnail
Image thumbnail
Image thumbnail
Image thumbnail
Image thumbnail
Image thumbnail
Image thumbnail
Traditional Sale
List Price:
$6,600,000.00
Icon - ft²
Icon 22.87 acres
Icon - beds
Icon - baths
Address:
5680 State Road 16
City:
St Augustine
State:
Florida
Zip Code:
32092
County:
St. Johns
Country:
United States
Property Type:
Commercial
Additional Property Types:
Commercial
Lot Size:
22.87 acres
Data Source:
North East Florida
MLS/Reference Number(s):
1082566
Source Status:
Pending
Source Property Type:
Commercial, Commercial Sale

Property Provided By

  • JOE HATIN
  • FIRST COAST SOTHEBYS INTERNATIONAL REALTY
  • +1 (888) 662-1020
Cashifyd
Connect with a local buyer's rep to get up to
$39,600 cashback!

Property Information

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. This is one of the fastest growing regions in St. Johns County and is undergoing dramatic growth for future development with increasing populations. 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.

Directions

From the intersection of International Golf Parkway and State Road 16, head west on State Road 16 approximately 1/2 mile to property on north side of Road, across from curb cut in median.

Source Disclaimer

Listing Information © 2024 Northeast Florida MLS, Inc. All Rights Reserved.
This data up-to-date as of 2024-02-18 08:35:06. Listing courtesy of FIRST COAST SOTHEBYS INTERNATIONAL REALTY.
Data last updated 2024-02-18 08:35:06. Information herein is deemed reliable but not guaranteed and 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.


Other Properties in the Area