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24 Hargrove Grade Palm Coast, FL 32137

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For Sale
$3,890,000

Newly constructed, fully leased industrial building in Palm Coast, Florida.

Property size:
20,000 SF
Lot size:
3.00 Acres

Property Features for 24 Hargrove Grade

General Information

Standard status
Active
Size
20,000 SF
Lot size
3.00 Acres

Building Details

Year built
2024

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Listing Contact
Cornelia Downing Manfre
Cornelia Downing Manfre
Source: Exitrealty

Listing Agency: ONE SOTHEBYS INTERNATIONAL Listing Agent: Cornelia Downing Manfre

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

New Industrial Building Investment

Located at 24 Hargrove Grade in Palm Coast, Florida, this newly constructed 20,000 square foot industrial building presents an investment opportunity. Completed in 2024, the property features all necessary utilities and infrastructure. The building is configured with eight individual units. Each unit includes a 14-foot high roll-up door, an office area, a restroom, and warehouse space. The property is fully leased, with annual increases to the base rate. Tenants are responsible for covering the annual operating expenses, including common area maintenance, taxes, and property insurance. A cross parking easement is in place with 26 Hargrove. The property's location provides convenient access to US Highway 1, Interstate 95, and Palm Coast Parkway. Palm Coast, situated in Flagler County, has experienced significant growth in recent years. As of 2024, the city's population is estimated at 106,237. The median age in Palm Coast is 50.3 years, indicating a mature population. The city's strategic location along Florida's east coast, combined with its growing population and economic indicators, makes it an attractive area for industrial and commercial investments. Property financials will be made available to qualified buyers upon submission of a Non Disclosure.
Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Big Box & Wholesale Store Auto Repair Shop Gym & Fitness Center Pharmacy Auto Parts Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Palm Coast
County
Flagler
State
Florida
Longitude
-81.272294
Latitude
29.555525

FAQs

What type of property is this?
Flex space - Newly constructed, fully leased industrial building in Palm Coast, Florida.
Where is this flex space located?
The property is located at 24 Hargrove Grade Palm Coast, FL.
What is the asking price?
The asking price for this property is $3,890,000.
What are key features of this property?
This property features: - Newly constructed (2024) 20,000 sq ft industrial building.; - Fully leased with annual increases to the base rate.; - Tenants pay operating expenses (CAM, taxes, insurance).
More about this property
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