100 E Genung St - 100 E Genung St. 0.75 Acres of Residential Land Offered at $692,042 CAD in Saint Augustine, FL 32086
INVESTMENT HIGHLIGHTS
- Visibility on US 1 is extensive as there is about 15 -30 seconds of travel time on US 1 across Moultrie Creek and it's adjacent marshlands
EXECUTIVE SUMMARY
Phenomenal US 1 Exposure at the corner of US 1, Vaill Point Road and East Genung. This parcel has a block building which can be renovated and many uses can be applied here. The current zoning is RS-2 yet the existing owner used to operate a home office for accounting services for many years. The site is a high bluff with excellent visibility as FDOT shows a 37,500 Daily Traffic Count in this stretch of US 1. A rare find - a parcel North of Wildwood Drive under $500,000. The site is in a RES "C" Land Use category which, with a Planned Development (PUD or PSD), may include uses provided in Neighborhood Business and General Business Categories in SJC Codes. Uses include: retail commercial, health clubs, general medical offices, banks, nursing homes and more...
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $692,042 CAD |
| Price Per AC | $922,723.04 CAD |
| Lot Size | 0.75 AC |
Parcel 18 in Section 48, Township 8 S, Range 30 E in St. Johns County, Florida O.R. 615/347
DESCRIPTION
US 1 Frontage/High Visibility - Corner parcel between East Genung Street and Vaill Point Road. It's a HIGH-VISIBILITY Site on US 1. 3/4 Acre parcel is on a high bluff overlooking Moultrie Creek and US 1 - no Flood Insurance required. There is an existing CB Building that is approx. 1,000 SF built in the '60's that is being conveyed "As-Is". Property is serviced by well and septic yet water and sewer are highly likely to be available.
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