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Industrial Property in Bunnell, Florida
For Sale
$1,950,000

2270 US HIGHWAY 1, Bunnell, FL 32110

Industrial property available for sale in Bunnell, Florida.

Property Size10,187 SF
Lot Size4.07 Acres
Days on Market314

Property Features for 2270 US HIGHWAY 1

General Information

Standard status Active
Size 10,187 SF
Lot size 4.07 Acres
Property subtype Industrial

Taxes and HOA fees

Annual Taxes $12,582

Building Details

Building Size 10,187 SF
Year Built 2017
Listing Agency: MAY REALTY & RESORT RENTALS
Listed By: CARSTEN GEORG · License #3481663
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 8 Last Checked: Aug 25 at 4:17AM

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 MAY REALTY & RESORT RENTALS

Investment Insights

Based on property information with market context.

An industrial property located at 2270 US HIGHWAY 1, Bunnell, FL 32110 is available for sale. The list price is $1,850,000.

Key Highlights

  • Year Built: 2017

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$61,290
Cap Rate
3.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,225,800 $1.2M
Cap Rate 7%
$875,571 $875.6K
Cap Rate 9%
$681,000 $681.0K
Market Conditions
NOI Build-Up for 10,187 SF
Gross rent
$91.7K $9.00/SF
− Vacancy
−$4.1K −$0.41/SF
EGI
$87.6K $8.59/SF
− OpEx
−$26.3K −$2.58/SF
NOI
$61.3K $6.02/SF
Area
Flagler County, FL
Vacancy
4.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,225,800
Cap Rate 7%
$875,571
Cap Rate 9%
$681,000

Alternative Uses

Best Use
Industrial
$875.6K
$766.1K – $1.02M (±1% cap)
NOI $61,290 @ 7.0% cap · market cap 3.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.45M
$2.14M – $2.86M (±1% cap)
NOI $171,362 @ 7.0% cap · market cap 8.79%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Industrial properties

Suggested Use

Top Pick Building Supply Auto Repair Shop Big Box & Wholesale Store Parking Lot & Garage Auto Parts Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

117
Businesses Nearby

Demographics for 32110, FL

8,776
Population
4,102
Households
2.1
Avg Household Size
45
Median Age
12%
College-Educated
90%
High-School Grad
296.2 sq mi
ZIP Area
30
Density / Sq Mi
$56,277
Median Household Income
$31,600
Median Earnings
$1,213
Median Rent
$221,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial property - Industrial property available for sale in Bunnell, Florida.
Where is this industrial property located?
The property is located at 2270 US HIGHWAY 1 Bunnell, FL.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Year Built: 2017
More about this property
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