Retail Automotive Property with B-1
800 N State Street Unit 800 Bunnell, FL 32110
For Sale
$1,999,999
Renovated automotive retail building in Bunnell offering B-1 zoning and current occupancy.
Property Size12,570 SF
Price / SF$159.11
Days on Market623
Property Features for 800 N State Street Unit 800
General Information
Standard status
Active
Size
12,570 SF
Property subtype
General Commercial
Building Details
Year Built
1959
Listing Agency:
COLDWELL BANKER PREMIER PROPERTIES
(904) 392-5151
Listed By:
ERIC MAIMO · License #3254822
Source:
Xome
Added: Nov 13, 2024
Changed: Jul 10
Last Checked: Jun 14 at 1:32AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COLDWELL BANKER PREMIER PROPERTIES
Investment Insights
Based on property information with market context.
This retail automotive property totals 12,570 SF and was originally built in 1959. The building was renovated in 2000, and it is currently operating with 68% occupancy. With B-1 zoning classification, the site supports automotive and retail uses consistent with the zoning designation.
Located at 800 N State Street Unit 800 in Bunnell, Florida, the property benefits from a straightforward, street-facing commercial setting. The presentation emphasizes its placement “in the heart” of Bunnell to reach local customers.
For buyers and operators seeking a mixed commercial footprint with B-1 zoning, this asset combines an established building history with a renovation date that may support modern tenant requirements. The current 68% occupancy level provides insight into in-place business utilization, while the B-1 zoning designation gives flexibility for appropriate retail and automotive-oriented tenancies within the permitted framework.
Located at 800 N State Street Unit 800 in Bunnell, Florida, the property benefits from a straightforward, street-facing commercial setting. The presentation emphasizes its placement “in the heart” of Bunnell to reach local customers.
For buyers and operators seeking a mixed commercial footprint with B-1 zoning, this asset combines an established building history with a renovation date that may support modern tenant requirements. The current 68% occupancy level provides insight into in-place business utilization, while the B-1 zoning designation gives flexibility for appropriate retail and automotive-oriented tenancies within the permitted framework.
Key Highlights
- 12,570 SF renovated automotive retail building built in 1959
- B‑1 zoning classification
- Renovated in 2000
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $279.1k | $22.20 |
| − Vacancy | −$20.9k | −$1.67 |
| EGI | $258.1k | $20.54 |
| − OpEx | −$77.4k | −$6.16 |
| NOI | $180.7k | $14.37 |
12,570 SF · lease $22.20/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.58M
$2.26M – $3.01M
NOI $180,687 @ 7.0% cap · market cap 9.03%
Second Best
Industrial
$1.08M
$945.3K – $1.26M
NOI $75,627 @ 7.0% cap · market cap 3.78%
Theoretical Best
Office A
$3.02M
$2.64M – $3.52M
NOI $211,448 @ 7.0% cap · market cap 10.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- MSI Customs — 1302 S State St, Bunnell, FL 32110
- Flagler Cycle Service — 1300 S State St, Bunnell, FL 32110
- Cooper Automotive — S State St, Bunnell, FL 32110
- Rogers Towing — 908 S State St, Bunnell, FL 32110
- MSI Customs Automotive — 1302 s state st, bunnell, fl 32110
Frequently Asked Questions
What type of property is this?
Auto shop - Renovated automotive retail building in Bunnell offering B-1 zoning and current occupancy.
Where is this auto shop located?
The property is located at 800 N State Street Unit 800 Bunnell, FL.
What is the asking price?
The asking price for this property is $1,999,999.
What are key features of this property?
This property features: 12,570 SF renovated automotive retail building built in 1959; B‑1 zoning classification; Renovated in 2000
