840 King StSt. Augustine, FL 32084

Property Details for 840 King St

Year built

2016

Construction

STEEL FRAME

Lot size

1.31 AC

Property size (Sq ft)

8,144 SF

Zone code

RS3

Property type

Retail properties

Property subtype

Outlet malls

APN

115150 0000

APU

1151500000

Description

This exceptional 8,320-square-foot single-tenant flex/warehouse space is situated on a 1.33-acre lot in St. Augustine, Florida. Built in 2016, this Class A property boasts a 17-foot ceiling height, providing ample vertical space for various uses. The building features 28 parking spaces and is fully air-conditioned, with additional capacity for refrigeration. The property is zoned for Commercial Intensive use within St. Johns County, offering flexibility for a wide range of businesses. Its location within 1.2 miles of historic downtown St. Augustine and the burgeoning West King Street District provides excellent visibility and accessibility. The single-story building offers a spacious layout, ideal for retail, warehousing, or a combination of uses. The site includes on-site retention, addressing stormwater management needs. The property's three-phase power availability caters to businesses with higher energy demands. This is a rare opportunity to secure a high-quality, versatile commercial space in a rapidly growing area of St. Augustine. The entire 8,320 square feet is currently vacant and ready for immediate occupancy. The address is 840 W King St, St. Augustine, FL 32084.

• CAP approach

  CAP return

  Valuation

  6%

  $2,142,779

  6.5%

  $1,977,950

  7%

  $1,836,668

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,395,761

  Geo Method

  $1,395,761

• Alternative Use

  Use

  Valuation

  Residential

  $1,668,475

  Hospitality

  $1,528,314

  Educational

  $1,271,539

  Medical

  $1,315,269

  Retail

  $1,977,950

Location Insight

City

Saint Augustine

County

St. Johns

State

Florida

Latitude

29.8901

Longitude

-81.3424

CBSA code

27260

CBSA name

JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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