3629 PACETTI Road, St. Augustine, FL 32092 (MLS# 1103156)

3629 PACETTI Road, St. Augustine, FL 32092

$1,800,000
Property Type: Commercial Sale Square Footage: 10,888 Lot Size (sq. ft.): 114,998 Status: Closed
Current Price: $1,800,000 List Date: 4/05/2021 Last Modified: 2/07/2025

Overview

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.

Listing Details MLS# 1103156

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

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

Contract Information

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

Income and Expenses

Net Operating Income
155152

More Information

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

Documents

Listing Office: COLDWELL BANKER VANGUARD REALTY
Source MLS Verified
Last Updated: February - 07 - 2025
Information deemed reliable but not guaranteed.
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