3950 Lewis Speedway, St Augustine

$4,400,000

0 Beds
0 Baths
4.8 Acres
0 Garages

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.

Essential Information
MLS® #959039
Price$4,400,000
Acres4.80
TypeVacant Land
Sub-TypeVacant Land
StatusActive
Community Information
Address3950 Lewis Speedway
Area336-ravenswood/west Augustine
SubdivisionFrancis P Fatio
CitySt Augustine
CountyST. JOHNS
StateFlorida
Zip Code32084
Utilities

Sewer - Near Site, Sewer - Septic Sys, Water - Near Site, Water Well(drinking)

Exterior
Lot DescriptionHigh & Dry, Regular Lot
Additional Information
Days on Market572
ZoningIW
HOA Fees0.00
HOA Fees Freq.N/A
Listing Details
OfficeJ R MCNEAL COMPANY
LISTING MAP

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Listing information last updated on May 27th, 2020 at 4:08am EDT.