Interstate 95, St. Augustine, FL 32092

$6,000,000

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Property Description

An outstanding ±80.40-acre parcel of land on the north side of State Road 16 at Interstate 95, in the heart of one of St. Johns County's most active growth corridors. Located minutes from World Golf Village and the St. Augustine Premium Outlets, this expansive tract offers a rare opportunity for a buyer to bring forward a residential, commercial, or mixed-use vision in a market with strong, sustained population and retail growth. The property carries a current zoning of Open Rural and a Future Land Use designation of Rural Silviculture/SJRWMD. A previously proposed development plan for the site (known as Laurel Point) contemplated up to 175 single-family homes and 23,000 SF of neighborhood commercial and office space, along with a 2.22-acre amenity center and roughly 24 acres of preserved wetlands -- offering a useful planning reference for a future buyer, though any new plan of development would go through its own independent review and approval process with St. Johns County. St. Johns County is consistently ranked among the fastest-growing counties in Florida, and the SR 16 corridor has seen substantial public and private investment in recent years, including multiple road and intersection improvement projects. This is a compelling long-term land banking or development opportunity for a buyer looking to secure a large, well-located parcel in a high-growth corridor and pursue entitlements suited to the market at the time of purchase. Offered as raw land. Buyers are encouraged to perform their own due diligence regarding zoning, land use, traffic concurrency, and entitlement requirements as part of any development plan.

Listing courtesy of BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY.

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