2940 US 1 S
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 11, 2025 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE | $2,995,000 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE | |||
| Apr 9, 2019 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE | $1,999,000 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE | |||
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A prime commercial location in St. Augustine with superior visibility, +/- 665 feet of frontage on US Highway 1 South! This location is one of the busiest corridors in St. Augustine with the 2023 AADT showing 41,000 vehicles per day. This site contains a total of 7.8 acres and site work already completed to offer a variety of options. Billboard onsite with monthly income and optional lease. This parcel is located in the US1 mixed-use commercial corridor, and its Commercial Intensive (CI) zoning allows for a variety of future commercial uses. Convenient access to roadways with a median cut.
Surrounding properties include an array of established automotive dealerships, gas stations, fast food restaurants, Ace Hardware, Tractor Supply, regional and neighborhood retail and professional offices. Don't miss this opportunity. Surrounding properties include an array of established automotive dealerships, Ace Hardware, Tractor Supply, regional and neighborhood retail and professional offices. 2017 AADT shows 42,500 vehicles per day and there is an existing mono-pole billboard with an lease in place for additional income.
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| Jan 1, 2017 | Sold | ||
| Sold | |||
| Jan 31, 2000 | Sold | ||
| Sold | |||
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About St. Johns
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017