2323 N STATE STREET, Bunnell, FL 32110
Warehouse - BUNNELL, FL
- Added:
- May 11, 2026
- Days on Market:
- 48
- Last Refresh:
- Jun 27 at 5:06 am
Property Features for 2323 N STATE STREET
General Information
- Property type
- Commercial Sale
- Property subtype
- Single Family Residence
- Zoning
- L-1
- Standard status
- Active
- APN
- 03-12-30-0160-000D0-0760
- Size
- 1,600 SF
- Lot size
- 0.02 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 3027
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 2006
- Building materials
- Metal Siding
- Architectural style
- Other
Listing agent Carol Carroll License #3530074 (386) 290-0613
Listing office WATSON REALTY CORP 1410 Palm Coast Parkway NW, Palm Coast, FL (386) 246-9222
Listing date May 11, 2026
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.
HighLights
- Excellent location in Flagler County, minutes from SR 100 and Palm Coast Pkwy via US‑1.
- 1000 SF unit with a 200 SF office, 800 SF warehouse, and 400 SF mezzanine office.
- Versatile space suitable for office, retail, building trades, showroom, warehouse, distribution, or personal storage.
- Features include glass front, glass entry door, 10’ wide roll‑up door, high ceilings, ADA restroom, and full air conditioning.
- Two adjacent units are also available for purchase providing a total of 3200‑5400 SF of contiguous space.
- Tenant occupied through September 30, 2026, with a one‑year renewal option.
Overview
Local Financial Insights For Office B
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 | $31.7k | $19.80 |
| − Vacancy | −$7.0k | −$4.36 |
| EGI | $24.7k | $15.44 |
| − OpEx | −$6.2k | −$3.86 |
| NOI | $18.5k | $11.58 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- WORLD PLATE Caterer — 2323 N State St UNIT 55, Bunnell, FL 32110
Location Insight
- Map
- Local Demand
- City
- Bunnell
- County
- Flagler
- State
- Florida
- Longitude
- -81.268198
- Latitude
- 29.490846
