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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.
- MLS® #959039
- TypeVacant Land
- Sub-TypeVacant Land
- UtilitiesSewer - Near Site, Sewer - Septic Sys, Water - Near Site, Water Well(drinking)
- Days on Market56
- HOA Fees0.00
- HOA Fees Freq.N/A
- Address3950 Lewis Speedway
- Area336-ravenswood/west Augustine
- SubdivisionFrancis P Fatio
- CitySt Augustine
- CountyST. JOHNS
- Zip Code32084
- Lot DescriptionHigh & Dry, Regular Lot
- Listing Office:J R Mcneal Company
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 Florida Homes Realty and Mortgage are marked with the listing broker's name and detailed information about such listings includes the name of the listing brokers. Information deemed reliable but not guaranteed.
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Listing information last updated on November 21st, 2018 at 3:08am EST.