Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    SHERMAN STREET Bunnell, FL 32110

    View on Map
    Picture of Land at SHERMAN STREET, Bunnell, FL
    For Sale
    Contact for pricing

    Land - BUNNELL, FL

    Lot size:
    0.23 Acres
    Added:
    Nov 10, 2024
    Days on Market:
    515
    Last Refresh:
    Apr 9 at 11:06 am

    Property Features for SHERMAN STREET

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    RES
    Standard status
    Active
    APN
    14-12-30-3800-00020-0010
    Lot size
    0.23 Acres

    Taxes and HOA fees

    Tax Year
    2023
    Tax Annual Amount
    338.01

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    RAMONA DAMIAN
    RAMONA DAMIAN

    Listing agent RAMONA DAMIAN License #3500168

    Listing office EXP REALTY LLC 10752 Deerwood Park Blvd., Suite 100, Jacksonville, FL

    Listing date Nov 10, 2024

    MLS# FC305111 Listing URL

    Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Land in Bunnell, Florida

    This residential lot in Bunnell, Florida, presents an opportunity to build a custom home. The property is a spacious double lot conveniently located near Route 100, providing easy access to parks, schools, shopping, and restaurants. The lot offers ample space for boats, RVs, and other recreational vehicles. Buyers are responsible for all improvements and due diligence. The lot size is 0.23 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Bunnell
    County
    Flagler
    State
    Florida
    Longitude
    -81.253434
    Latitude
    29.457119

    Nearby Similar for Sale

    • $1,600,000
      10,689 SF

      Bunnell Commercial Mixed-Use Complex

      Nine-unit commercial complex with storage in Bunnell, Florida.
      703 S State Street, Bunnell, FL 32110
      View Details
    • $1,600,000
      20,878 SF

      BUNNELL Mixed-Use Investment Opportunity

      Nine-unit commercial complex with storage in a high-growth area.
      703 S STATE STREET, BUNNELL, FL 32110
      View Details
    • $799,000

      Development Land at High-Traffic Junction

      3.37 acres of pad-ready land with utilities in Bunnell, FL.
      0 N STATE STREET, BUNNELL, FL 32110
      View Details
    • $560,319

      5 Acre Land with Residence

      5 acre parcel with under-construction residence in Bunnell, Florida.
      680 E BLACK POINT ROAD, BUNNELL, FL 32110
      View Details
    • $300,000

      Bunnell Land for Outdoor Enthusiasts

      10 acres of country paradise near Haw Creek Preserve.
      832 CO RD 110, Bunnell, FL 32110
      View Details
    • $785,000

      9.94 Acres Agricultural Land Parcel

      9.94-acre agricultural parcel with frontage on US-1 in Bunnell, FL.
      US 1 N, Bunnell, FL 32110
      View Details
    • $300,000

      Bunnell Land for Outdoor Enthusiasts

      10+ acre parcel near Haw Creek Preserve and amenities.
      175-A COUNTY ROAD 108, Bunnell, FL 32110
      View Details
    • $1,300,000

      7 Acres Industrial Land Bunnell

      7 acres of industrial land for sale in Bunnell, FL.
      US1, Bunnell, FL 32110
      View Details
    • $299,000

      Lakefront Property on Crescent Lake

      5.89-acre lakefront property with St. Johns River access.
      14755 ANDALUSIA Trail, Bunnell, FL 32110
      View Details
    • $300,000

      Bunnell Land for Outdoor Enthusiasts

      10.28 acres of land near Haw Creek Preserve.
      175 COUNTY ROAD 108, Bunnell, FL 32110
      View Details
    • $125,000

      Improved Lot Near Dead Lake

      100x150 lot with travel trailer, garages, and fruit trees.
      188 CANHAM STREET, BUNNELL, FL 32110
      View Details
    • $3,750,000
      12,960 SF

      Bunnell Warehouse in Industrial Park

      12,960 SF warehouse with high ceilings in Bunnell, FL.
      3405 Steel Rail Drive, Bunnell, FL 32110
      View Details

    FAQs

    What type of property is this?
    Land - Spacious residential lot near Route 100, ideal for building.
    Where is this land located?
    The property is located at SHERMAN STREET Bunnell, FL.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Spacious double lot provides ample space for building.; Convenient location near Route 100 offers easy access.; Proximity to parks, schools, shopping, and restaurants.
    (773) 414-1700
    We can help!
    Listing Contact
    RAMONA DAMIAN
    RAMONA DAMIAN
    Real Estate License ID: 3500168
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!