3950 LEWIS SPEEDWAY,  Saint Augustine  (32084)

$4,400,000

0 bedrooms 0   0 bathrooms 0   209088 square feet 209,088
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PROPERTY DETAILS

Address: view address
Saint Augustine, FL 32084
Map Location
Square Feet: 209,088 sq.ft.
Lot Size:4.80 acresYear Built:2000
Property Type:LandCommunity:33-St Johns County-Se
Neighborhood:St AugustineCounty:ST. JOHNS
List Date:2018-11-17Listing Number:959039

MLS 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.






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Property and Lot Details

Lot Acres:5Transaction Type:Sale

PHOTO GALLERY

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Listing courtesy of: J R MCNEAL COMPANY