JACKSONVILLE, FL – December 4, 2023 – NAI Hallmark, the largest locally owned full-service commercial real estate brokerage and property management firm in Jacksonville, announces the sale of 1475 SR 207 in Saint Augustine, FL for $2,085,000. Vice President, Retail Specialist, Austin Kay, brokered the transaction on behalf of the seller.
“As SR 207 in St Augustine FL continues to grow, this asset attracted plenty of interest. The nearby residential development, new grocery anchored retail developments, and new medical facilities all contribute to the increased traffic along this corridor.” said Kay. “Ultimately, Gate Car Wash continued their expansion efforts across Northeast FL with the purchase of this well-situated tract of land at the northeast corner of SR 207 and Hometown Lane.”
This 2.54-acre property is 2 miles west of Downtown St. Augustine and less than 2 miles from I-95, giving this property high traffic volume and ideal proximity to new development.
For more information regarding the sale of 1475 SR 207 or any questions relating to retail properties, please contact Austin Kay at ak@naihallmark.com
