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7280 US Highway 1 - US 1 at Palencia
4.36 Acres of Commercial Land Offered at £2,290,239 in Saint Augustine, FL 32095
Investment Highlights
- Heavy day time traffic
- One of a few tracts left near Palencia, Palencia Commons and World Golf Village Parkway.
- Easy access from US 1 going South or North
Executive Summary
Property is an easy drive by. Buildings are not considered to have any value & will need to be torn down. Gate is locked but can be stepped around after parking at turnout. Dwindling number of properties in this corridor make this a prime location. Buyer should due their own due diligence as to end use, zoning changes, wetlands, environmental, geotechnical and other inspections. Commissions subject to negotiation for less than list price.
Property Facts
Price | £2,290,239 | Property Subtype | Commercial |
Sale Type | Investment or Owner User | Proposed Use | Commercial |
No. Lots | 1 | Total Lot Size | 4.36 AC |
Property Type | Land |
Price | £2,290,239 |
Sale Type | Investment or Owner User |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Proposed Use | Commercial |
Total Lot Size | 4.36 AC |
1 Lot Available
Lot
Price | £2,290,239 | Lot Size | 4.36 AC |
Price Per AC | £525,284 |
Price | £2,290,239 |
Price Per AC | £525,284 |
Lot Size | 4.36 AC |
High traffic, easily accessed commercial site near World Golf Village Parkway and Palencia. Palencia Commons Shopping Center next door with Publix, restaurants, ATT, banks, Dunkin, and much more.
Description
Great location. Current access available with two cross overs and one u-turn with turning lane. HOT growing area near Palencia and other large subdivisions. Property has many uses as-is but could easily be rezoned per the FLU of Mixed Use Development as the shopping center and other retail/business properties next door. Should be able to get adequate wetland credits if more uplands are needed. Buyer should do own due diligence to insure desired end use including wetland study, environment Phase 1, boundary and topo survey, geotechnical, endangered species, etc. Seller has none of those studies or reports. Would be perfect for fast food, strip center, flex warehouse, tire center, oil change or many other uses.
PROPERTY TAXES
Parcel Number | 074030-0000 | Improvements Assessment | £0 |
Land Assessment | £0 | Total Assessment | £82,114 |
PROPERTY TAXES
zoning
Zoning Code | CN (Commercial Neighborhood with a Future Land Use of Mixed Used development.) |
CN (Commercial Neighborhood with a Future Land Use of Mixed Used development.) |
Presented by
7280 US Highway 1 - US 1 at Palencia
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