1900 SR Florida 16 Lot | Terrain commercial | 4,86 ha | À vendre | 6 828 136 € | Saint Augustine, FL 32084

Although this property currently has 2 structures and two businesses on site, these are not being considered in the valuation of this Ultra Prime Property. This 12 acre site is in the process of being planned and permitted for potentially 100,000 sqft. This building square footage is being comprised of two outparcels. One for a sit down restaurant with a drive thru West of the driveway. And a pharmacy with drive thru East of the drive. In back of that there will be two sets of strip stores on either side of the driveway. Both with drive thru end caps. Just in back of that there is planned a large 5 story structure. This large structure can be used for an abundance of purposes. Following are several potential popular uses. Hotel, medical/profession office bldg. This property has roughly 550 feet footage on SR 16 which is the main road in and out of Old St. Augustine, Fl. This particular site has the highest traffic count on SR 16 with an ADT of 42,825 per day. Virtually all of SR 16 has become a High Demand/High Development Area. 3 new housing projects have recently come to 16. One just finished, just to the E of this site. Another recently broke ground in the 1100 block of SR 16 while another in the 800 to 900 block of 16 just finished clearing. All 3 of the new housing developments are for 325+ units. This high growth area is greatly in need of commercial retail to satisfy the ever increasing demand. Make no mistake this is one of the very few sites on SR 16 that qualifies as as a truly Prime Site for commercial development.