5865 Sr 16St. Augustine, FL 32092

This exceptional 5-10 acre commercial land parcel in St. Augustine, Florida, presents a remarkable investment opportunity. Located on State Road 16, the property boasts approximately 200-400 feet of road frontage, ensuring high visibility and accessibility. The permitted zoning is Planned Unit Development (PUD), offering flexibility for a variety of commercial development projects. Development rights estimate approximately 19,000 to 55,000 square feet of buildable space. The property's usable area is approximately 8 acres. Convenient access to I-95 enhances its strategic location. Existing infrastructure includes electricity at the site, two active wells, and septic systems. Currently, two residential houses are on the property with month-to-month leases. The seller is open to delivering the land cleared and filled, streamlining the development process. This property is situated in St. Johns County, Florida, with a zip code of 32092. The precise coordinates are latitude 29.9690313 and longitude -81.5038767. This is a rare opportunity to acquire a sizable, well-located commercial parcel with significant development potential in a thriving Florida market.