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  • Price$4,400,000
  • Acres4.80

3950 Lewis Speedway, 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.

Essential Information

  • MLS® #959039
  • Price$4,400,000
  • Acres4.80
  • TypeVacant Land
  • Sub-TypeVacant Land
  • StatusActive

Amenities

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

Additional Information

  • ZoningIW

Community Information

  • Address3950 Lewis Speedway
  • Area336-ravenswood/west Augustine
  • SubdivisionFrancis P Fatio
  • CitySt Augustine
  • CountyST. JOHNS
  • StateFlorida
  • Zip Code32084

Exterior

  • Lot DescriptionRegular Lot, High & Dry

Listing Details

  • Listing OfficeJ R Mcneal Company
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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 Engel & Volkers Jacksonsville Beach 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.

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This data is updated daily. Some properties that appear for sale on this web site may subsequently have been sold and may no longer be available.

This data up-to-date as of April 25th, 2019 at 12:38am EDT. For the most current information, contact Engel & Volkers Jacksonsville Beach, 904.998.8277, krista@kristafracke.com.

Data last updated: 04/25/2019