3950 Lewis Speedway

$4,400,000

  • 4.8 Acres

About This Property

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.

Essential Information

MLS® #959039
Price$4,400,000
Acres4.80
TypeVacant Land
Sub-TypeVacant Land
StatusActive
Days on Market389
HOA Fees$0
HOA Fees Freq.N/A
CDD Fees$0

Community Information

Address3950 Lewis Speedway
Area336-ravenswood/west Augustine
SubdivisionFrancis P Fatio
CountyST. JOHNS
StateFlorida
Zip Code32084

Amenities

Utilities

Sewer - Near Site, Sewer - Septic Sys, Water - Near Site, Water Well(drinking)

Exterior

Lot DescriptionHigh & Dry, Regular Lot

Additional Information

Days on Market389
ZoningIW

Listing Details

OfficeJ R MCNEAL COMPANY

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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 Phyllis Frankel Realty Group 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 October 19th, 2019 at 8:23pm EDT.

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