2505 Old Moultrie RdSt. Augustine, FL 32086

Property Details for 2505 Old Moultrie Rd

Year built

1952

Construction

WOOD

Lot size

1.84 AC

Property size (Sq ft)

2,010 SF

Zone code

PSD

Property type

Healthcare properties

Property subtype

Medical offices

APN

101800 0000

APU

1018000000

Description

This exceptional 1.84-acre commercial property, located at 2505 Old Moultrie Road in St. Augustine, Florida, 32086, presents a unique investment opportunity. Boasting 80,150.4 square feet of land and Commercial Intensive (CI) zoning, this site offers unparalleled versatility. The property features a 1,350 square foot building, recently used as a veterinary clinic, complete with exterior storage sheds. The building benefits from a recently updated metal roof and fresh paint. Situated on Old Moultrie Road, this location provides superior visibility and over 400 feet of road frontage, ideally positioned at a four-way intersection with Lewis Point Road. A 15-foot easement at the rear provides convenient access to the traffic signal at the intersection. The CI zoning allows for a wide range of commercial uses, including but not limited to auto/boat sales and repair, restaurants, adult arcades, veterinary clinics/kennels, medical offices, and retail spaces. The property's size and zoning also present opportunities for future development and subdivision, maximizing investment potential. Built in 1952, this single-story property is priced at $1,095,000. This is a prime location for a savvy investor seeking high-return potential in a thriving St. Augustine market.

• CAP approach

  CAP return

  Valuation

  6%

  $359,803

  6.5%

  $332,126

  7%

  $308,402

• Comparable approach

  Method

  Valuation

  Relative Method

  $136,700

  Geo Method

  $136,700

• Alternative Use

  Use

  Valuation

  Residential

  $411,836

  Hospitality

  $377,239

  Educational

  $313,859

  Medical

  $324,653

  Retail

  $488,225

Location Insight

City

Saint Augustine

County

St. Johns

State

Florida

Latitude

29.8504

Longitude

-81.3274

CBSA code

27260

CBSA name

JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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