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

October 13, 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

Other Property Details

Area Name

305-World Golf Village Area-Central


Garage

No


View

No


County

St. Johns


Pool

No

Courtesy of FIRST COAST SOTHEBYS INTERNATIONAL REALTY

All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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 on this site was last updated 10/13/2024 11:11 AM UTC. 

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northeast Florida Multiple Listing Service (DBA as realMLS) (last updated 10/13/2024 11:11 AM UTC). 

Real estate listings held by brokerage firms other than Traci Crawford, REALTORS® may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

©2024 Northeast Florida MLS, Inc. All rights reserved.

Data last updated 11:11 AM UTC, 10/13/2024

 

Powered byLuxury Presence