Pending
5680 STATE ROAD 16
St Augustine FL, 32092
$6,600,000
Pending
Commercial
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 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.
1082566
MLSⓇ ID
November 12, 2020
Listed
November 27, 2024
Updated
Map
5680 STATE ROAD 16
St Augustine FL, 32092
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
22.87 Acres
Lot Features
Irregular Lot
Sewer
Septic Tank
Other Property Details
Area Name
305-World Golf Village Area-Central
Days on Market
595
Garage
No
View
No
County
St. Johns
Water Source
Well
Pool
No
Courtesy of FIRST COAST SOTHEBYS INTERNATIONAL REALTY
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Data last updated 7:45 PM UTC, 11/27/2024