Price Reduced 31.07%

$1,999,000

Pending

Est. Mortgage $10,240/mo *

Quick Pre-Approval

Price History

$2,900,000
10/9/2023

$2,700,000
1/5/2024

$2,690,000
2/6/2024

$2,495,000
5/27/2024

$1,999,000
8/27/2024


3940 State Road 16, Saint Augustine, FL, 32092

3940 State Road 16, Saint Augustine, FL, 32092

1 Full baths

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.


Status:

Pending

Type:

Commercial

Lot Size:

509x2508

MLS #:

236314


Community Info

School Info

Walk Score

Yelp


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