3950 LEWIS SPEEDWAY Saint Augustine, FL 32084

219239847 29.939262 -81.33831 5 /listing/219239847-151124929/3950-lewis-speedway-saint-augustine-fl-32084 False 0 4400000.0 102 959039 False
  • $4,400,000
  • Est payment $23620.15/mo

Property & Neighborhood Info

Courtesy Of J R MCNEAL COMPANY

Vacant Land in ST AUGUSTINE

Two Strategies: Build a 90,000 sq. Ft., three story office building, or hold for two to five years and sell to St. Johns County, or both. Due to the extreme growth rate of St. Johns County, they will surely need to expand. Current Gross Income from the boat and trailer rental tenants and a cell tower is $24,048 annually. An additional $58,200 annually would be available from renting the 7,000 Sq. Ft. Warehouse and 1,800 SF home/office currently being used by the owner. Building the office building would require a rezoning from IW to CI or PUD. Excellent land banking opportunity.

Courtesy Of J R MCNEAL COMPANY

Main Features

  • Listing Status: Active
  • County: St Johns
  • Zoning: IW
  • Subdivision: Francis P Fatio
  • MLS Number:959039
Neighborhood info courtesy of Homes.com © 2019

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.

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The Pham Team
The Pham Team
REALTOR®

3950 LEWIS SPEEDWAY Saint Augustine, FL 32084

219239847 29.939262 -81.33831 5 /listing/219239847-151124929/3950-lewis-speedway-saint-augustine-fl-32084 False 0 4400000.0 102 959039 False
  • $4,400,000
  • Est payment $23620.15/mo