140 Gateway CirSaint Johns, FL 32259

Property Details for 140 Gateway Cir

Year built

2005

Lot size

0.81 AC

Property size (Sq ft)

4,295 SF

Zone code

PUD

Property type

Parking lots & garages

APN

026341 0260

APU

263410260

Description

This exceptional mixed-use commercial property, located at 140 GATEWAY Circle in St. Johns, Florida (zip code 32259), presents a unique investment opportunity. The property, built in 2006 and renovated three years ago, boasts a total of 1,500 square feet situated on a 1,306.8 square foot lot. The single-story building comprises one unit, offering a versatile layout ideal for a variety of commercial uses. The interior features four rooms, a dedicated treatment room, a convenient storage room, a washroom complete with washer and dryer, and a spacious kitchen/break room for staff. This property benefits from its location in a high-traffic area, ensuring excellent visibility and accessibility. The strip center's existing tenants generate significant foot traffic, and ample parking is consistently available. A new roof has recently been installed, minimizing immediate maintenance concerns. This property is perfect for an owner-operator or investor seeking a well-maintained, established commercial space in a thriving location. The property's combination of size, amenities, and location makes it an attractive investment opportunity in the competitive St. Johns market.

• CAP approach

  CAP return

  Valuation

  6%

  $1,129,070

  6.5%

  $1,042,218

  7%

  $967,774

• Comparable approach

  Method

  Valuation

  Relative Method

  $736,099

  Geo Method

  $736,099

• Alternative Use

  Use

  Valuation

  Residential

  $879,150

  Hospitality

  $805,297

  Educational

  $669,998

  Medical

  $693,040

  Retail

  $1,042,218

Location Insight

City

Saint Johns

County

St. Johns

State

Florida

Latitude

30.0634

Longitude

-81.5069

CBSA code

27260

CBSA name

JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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