$1,800,000
St. Augustine, FL 32092
MLS# 1103156
Status: Closed
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Property Description
This property is priced at its real estate value only with 2.64 acres of land & a 9,920sf fully equipped building. Downstairs is used as a PET SPA with boarding, grooming, & daycare. 2nd floor is unfinished but has conditioned air & is used for overflow boarding, overnight emergencies, training, & indoor exercise. The upstairs could be finished out for other uses. It is an established, fully staffed, operating business with real estate generating over $178,900 NOI. Revenue is much higher for 2021 (NOI about $194,000), & growth has been the highest than any other year in business. Great clientele, great revenues, & great location. Manager and staff will remain for new owner if so desired. However, Seller will consider a NNN lease back for a term of 5 years. Great 1031 exchange property.
Details
Documents
General Property Information
Building Area Total: 10888
Building Area Source: Public Records
Year Built: 2010
Lot Size Acres: 2.64
Water Body Access YN: No
Waterfront YN: No
Stories Total: 2
Directions: From I-95 take Exit 323 go West. Stay on WGV drive cross over SR-16. Property will be approximately 1.3 miles. Property is on your right beside Murabella Animal Hospital.
Public Remarks: This property is priced at its real estate value only with 2.64 acres of land & a 9,920sf fully equipped building. Downstairs is used as a PET SPA with boarding, grooming, & daycare. 2nd floor is unfinished but has conditioned air & is used for overflow boarding, overnight emergencies, training, & indoor exercise. The upstairs could be finished out for other uses. It is an established, fully staffed, operating business with real estate generating over $178,900 NOI. Revenue is much higher for 2021 (NOI about $194,000), & growth has been the highest than any other year in business. Great clientele, great revenues, & great location. Manager and staff will remain for new owner if so desired. However, Seller will consider a NNN lease back for a term of 5 years. Great 1031 exchange property.
List Price/SqFt: 188.27
Sold Price/SqFt: 165.32
Income and Expenses
Net Operating Income: 155152
Historical Information
Public Historical Remarks 1: Road Surface: Asphalt Road, Lot Location-Suburban: Y, Possible Financing-1031 Exchange: Y, Approx. Total SqFt: 9920.00, Number of Units: 1 - 4 Units
Public Historical Remarks 2: Number of Buildings: 1 Building, Ceiling Height: 8' - 10' Ceilings
Public Historical Remarks 3: Current Zoning: PROF SVC
Contract Information
Current Price: $1,800,000
Sold Price: $1,800,000
Status: Closed
Listing Contract Date: 2021-04-05
Property Sub Type: Mixed Use
Location Tax and Legal
Street Number: 3629
Street Name: PACETTI
Street Suffix: Road
County: St. Johns
State: FL
Postal Code: 32092
MLS Area Major: 309-World Golf Village Area-West
Status Change Information
Major Change Timestamp: 2023-11-20T13:20:05Z
Major Change Type: Price Change
Price Change Timestamp: 2021-11-23T18:17:59Z
Purchase Contract Date: 2022-03-25
Close Date: 2022-04-20
Close Price: 1800000
Property Features
Building Features: Fenced; Pool
Construction Materials: Concrete; Frame
Current Use: Commercial; Office; Retail
Electric: 100 Amp Service; 220 Volts
Heating: Central
Listing Terms: Cash; Conventional
Lot Features: Irregular Lot
Parking Features: Parking Lot
Possession: Subject To Tenant Rights
Roof: Shingle; Other
Security Features: Security Lights
Sewer: Public Sewer
Utilities: Cable Connected; Other
Water Source: Public
Aerial Location View 
Listing Office: COLDWELL BANKER VANGUARD REALTY
Last Updated: February - 07 - 2025
Information deemed reliable but not guaranteed.