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3950 LEWIS SPEEDWAYSaint Augustine, FL 32084

$4,400,000
Vacant Land
Status: Active
  • Sqft:
  • MLS#: 959039
29.939262390136719-81.338310241699219
Courtesy Of J R MCNEAL COMPANY

Description:

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.

Main Features:

Listing Status Active County St Johns
Rental Price $0 Zoning IW
Subdivision Francis P Fatio

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than are marked with the listing broker’s name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed. The data relating to real estate for sale on this web site comes in part from the Northeast Florida Multiple Listing Service, Inc. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information deemed reliable but not guaranteed.
Copyright© 2019 Northeast Florida Multiple Listing Service, Inc. All Rights Reserved.
Last Updated On: 1/19/2019 1:31:29 AM

3950 LEWIS SPEEDWAY, Saint Augustine, FL 32084

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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than are marked with the listing broker’s name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed. The data relating to real estate for sale on this web site comes in part from the Northeast Florida Multiple Listing Service, Inc. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information deemed reliable but not guaranteed.
Copyright© 2019 Northeast Florida Multiple Listing Service, Inc. All Rights Reserved.
Last Updated On: 1/19/2019 1:31:29 AM

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