1280 Ponce De Leon BlvdSt. Augustine, FL 32084

  • Mixed-use properties
  • 4,834 SF
For Lease
$30/SF/YR View listing

Property Details for 1280 Ponce De Leon Blvd

Year built
1978
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.32 AC
Property size (Sq ft)
4,834 SF
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
190630 0000
APU
1906300000

Description

This exceptional single-tenant retail property, located at 1280 N Ponce De Leon Boulevard in St. Augustine, Florida, presents a unique investment opportunity. The property boasts a total building size of 3,828 square feet situated on a 0.32-acre lot. Built in 1978, this strip center is zoned SA and features a single suite of 1,798 square feet, perfect for a variety of retail businesses. The property's location on N Ponce De Leon Boulevard ensures high visibility and accessibility, placing it within easy reach of St. Augustine's vibrant downtown area and its bustling commercial activity. The property does not include elevators. The St. Johns County property is identified by APN 1906300000 and has a 32084 zip code. This is an excellent opportunity for an owner-user or investor seeking a well-located retail space in a thriving Florida market. The property's size and location make it ideal for a business seeking high foot traffic and visibility. The single-tenant occupancy simplifies management and provides a stable income stream. This property offers a chance to establish or expand a business in a desirable location with significant growth potential. The property's history and established presence in the community provide a solid foundation for future success. Serious inquiries are encouraged to explore this promising investment opportunity further.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $865,207
    6.5%
    $798,653
    7%
    $741,606
  • Comparable approach

    Method
    Valuation
    Relative Method
    $328,760
    Geo Method
    $328,760
  • Alternative Use

    Use
    Valuation
    Residential
    $990,330
    Hospitality
    $907,137
    Educational
    $754,727
    Medical
    $780,683
    Retail
    $1,174,020
1280 Ponce De Leon Blvd, St. Augustine, Florida

Location Insight

City
Saint Augustine
County
St. Johns
State
Florida
Latitude
29.9036
Longitude
-81.3203
CBSA code
27260
CBSA name
JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$10,193
-
-
$706,331
-
$490,350
$215,981
$706,331

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