Equipped Restaurant
For Sale
$435,000
Pending
160 CYPRESS POINT Parkway, Palm Coast, FL 32164
Commercial Sale, PALM COAST, FL
Property Size1,925 SF
Lot Size0.05 Acres
Days on Market321
Property Features for 160 CYPRESS POINT Parkway
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
CITY WALK COMM CONDO
Directions
Turn into City walk from Cypress Point Pkwy.
Standard status
Pending
APN
07-11-31-1090-000D0-1010
Size
1,925 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
CITY WALK CONDOMINIUM UNIT D101 OR 1922 PG 1788 OR 1922/1774-INT ONLY
Tax Annual Amount
4286
Legal Description
CITY WALK CONDOMINIUM UNIT D101 OR 1922 PG 1788 OR 1922/1774-INT ONLY
Building Details
Year built
2008
Building materials
Stucco
Roof type
Metal
Listing Agency:
TRADEMARK REALTY GROUP LLC
(386) 447-6889
Listed By:
Steven Thomas · License #3031979
(386) 503-8171
Added: Nov 20, 2025
Changed: Oct 6
Last Checked: Oct 7 at 1:06PM
MLS# FC314267
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.
Investment Insights
Based on property information with market context.
This restaurant condominium at 160 Cypress Point Parkway provides 1,925 square feet configured for food-service operations. The space includes professional-grade appliances, display cases, preparation areas, seating, and installed fixtures. Its layout can support dine-in, takeout, or specialty baking uses based on the existing improvements.
The property is positioned at an entrance to City Marketplace, within Palm Coast’s main commercial corridor and an area surrounded by big-box commercial properties. Constructed in 2008, the building features stucco exterior construction and a metal roof.
The property is positioned at an entrance to City Marketplace, within Palm Coast’s main commercial corridor and an area surrounded by big-box commercial properties. Constructed in 2008, the building features stucco exterior construction and a metal roof.
Key Highlights
- 1,925‑square‑foot restaurant condominium
- Professional‑grade appliances, display cases, prep areas, seating, and fixtures included
- At an entrance to City Marketplace in Palm Coast’s main commercial corridor
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,056
Cap Rate
6.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$601,120
$601.1K
Cap Rate 7%
$429,371
$429.4K
Cap Rate 9%
$333,956
$334.0K
Market Conditions
NOI Build-Up for 1,925 SF
Gross rent
$42.3K $21.96/SF
− Vacancy
−$2.2K −$1.14/SF
EGI
$40.1K $20.82/SF
− OpEx
−$10.0K −$5.20/SF
NOI
$30.1K $15.61/SF
Area
Flagler County, FL
Vacancy
5.20%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$601,120
Cap Rate 7%
$429,371
Cap Rate 9%
$333,956
Alternative Uses
Best Use
Specialty Retail
$429.4K
$375.7K – $500.9K
NOI $30,056 @ 7.0% cap · market cap 6.91%
Second Best
Industrial
$165.5K
$144.8K – $193.0K
NOI $11,582 @ 7.0% cap · market cap 2.66%
Theoretical Best
Office A
$462.6K
$404.8K – $539.7K
NOI $32,382 @ 7.0% cap · market cap 7.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,247
Businesses Nearby
466k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 29%
Shops & Services 27%
Superstores 23%
Home Improvements & Furnishings 12%
Walmart
Superstores
107,842 visits/mo
0.1 miles
Chick-fil-A
Dining
49,595 visits/mo
0.4 miles
Lowe's
Home Improvements & Furnishings
33,689 visits/mo
0.5 miles
Shell
Shops & Services
32,244 visits/mo
0.4 miles
Winn-Dixie
Groceries
27,691 visits/mo
0.2 miles
Demographics for 32164, FL
49,412
Population
22,902
Households
2.2
Avg Household Size
48
Median Age
26%
College-Educated
91%
High-School Grad
32.5 sq mi
ZIP Area
1,520
Density / Sq Mi
$71,738
Median Household Income
$37,976
Median Earnings
$1,724
Median Rent
$308,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Golden Chopsticks Buffet — 225 Cypress Edge Dr, Palm Coast, FL 32164
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Food-service space includes commercial appliances, display cases, preparation areas, seating, and installed fixtures.
Where is this conventional restaurant located?
The property is located at 160 CYPRESS POINT Parkway Palm Coast, FL.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: 1,925‑square‑foot restaurant condominium; Professional‑grade appliances, display cases, prep areas, seating, and fixtures included; At an entrance to City Marketplace in Palm Coast’s main commercial corridor
