3940 STATE ROAD 16

St Augustine,FL 32092

$ 1999000

- Bed

0 Bath

720 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 720 sqft

Price per Sqft $2,776

MLS Listing ID 1251801

Originating Board realMLS (Northeast Florida Multiple Listing Service)

Year Built 1973

Property Description

Prime Redevelopment Opportunity - 26 acres with 500 Ft of highway frontage - 7.57 acres estimated uplands & the remaining 18.69 providing a wetland buffer primarily along the back of the property.

This property features split zoning CI/CHT/RMH & a Rural/Silviculture future land use designation, which allows for Agribusiness. This is defined as operations associated with active farm activities, equestrian activities, pasture lands, timber production, crop and sod production operations. Additionally, options such as solar farms, winery, bed & breakfast, & other options. With a rezone to Open Rural or a PUD, uses could include residential, cultural/ institutional, child & adult care, private schools, home occupation, primitive campground, private clubs, outdoor events & arenas, retreats, large place of assembly & more!

The Subject site has a quadrilateral shape and has approximately 500 front feet along the north side of S.R. 16. The annual average daily traffic count according to the FDOT is 18,500. The property currently has a recently renovated 812 sq ft office structure with a 1,020 sq ft wood frame canopy area at the front, and a 232+ square foot wood frame canopy area at the rear for dry storage. Other improvements include a pole barn with a concrete slab, a smaller pole barn with a dirt floor, and a small wooden shed.

The property is located on the north side of S.R. 16, across the roadway from Kohler Road. The property is fully fenced and partially cleared. Currently the parcel is serviced by well and septic, but Potable water service can be provided by the NW Water Treatment Plant (WTP) by connection to the existing 20-inch water main along SR16. The wastewater capacity can be provided by the SR16 Wastewater Treatment Plant (WWTP) by connection to the existing 12-inch force main along SR16. New Survey, Wetlands delineation, and Phase 1 Cultural Resource Assessment are available upon request.

Location

State FL

County St. Johns

Area 308-World Golf Village Area-Sw

Direction North on S Ponce De Leon Blvd. Left onto W King St. Right onto N Volusia St. At the traffic circle, take the 2nd exit onto 4 Mile Rd. Turn left onto FL-16 W. Destination will be on the right

Exterior

Waterfront No

Private Pool No

Building

Lot Description Irregular Lot,Wooded

Sewer Septic Tank

Others

Tax ID 0290900010

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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