Spacious Commercial Building on 18+
3601 E MOODY BOULEVARD Bunnell, FL 32110
For Sale
$4,950,000
28,000+ SqFt building on 18+ acres near I-95.
Property Size29,620 SF
Lot Size18.32 Acres
Price / SF$167.12
Days on Market1065
Property Features for 3601 E MOODY BOULEVARD
General Information
Standard status
Active
Size
29,620 SF
Lot size
18.32 Acres
Property subtype
Commercial/Industrial
Building Details
Year Built
1988
Listing Agency:
GREAT EXPECTATIONS REALTY
(904) 806-4274
Listed By:
Jena Dennis · License #3387473
(904) 806-4274
Source:
Exitrealty
Added: Aug 30, 2023
Changed: Jul 10
Last Checked: Jul 29 at 5:48AM
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 GREAT EXPECTATIONS REALTY
Investment Insights
Based on property information with market context.
This is a rare opportunity to acquire a two-story, steel-frame commercial building with over 28,000 square feet of space, situated on more than 18 acres of land featuring a pond. Currently used as a church, the property includes a main worship area, nurseries, classrooms, offices, a play area, four sets of men's and women's restrooms, a commercial kitchen, and a spacious welcoming area. The property is connected to public water and has its own septic system. It features multiple parking areas, two playgrounds, and a 1200 sqft storage warehouse. The acreage includes wooded areas with a pond, with approximately 13 acres of potential wetlands. Located directly on Moody Blvd, the property is minutes from I-95, US Highway 1, Advent Health Hospital, and Flagler Executive Airport. The original roof has active leaks, and the property is being sold as-is. The building's structure is sound and suitable for various uses, including retail, restaurants, cocktail lounges, hotels, group homes, nursing homes, day care centers, hardware or building supply stores, vehicle sales, private clubhouses, bowling alleys, game rooms, funeral homes, churches, and adult arcade or amusement centers. The seller will consider owner financing for qualified buyers with a suitable down payment.
Key Highlights
- Expansive 28,000+ sqft steel frame commercial building on 18+ acres
- Prime location on Moody Blvd, minutes from I‑95, US Highway 1, Advent Health Hospital, & Flagler Executive Airport
- Versatile building suitable for a myriad of uses (retail, restaurants, hotels, churches, etc.)
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 | $657.6k | $22.20 |
| − Vacancy | −$49.3k | −$1.67 |
| EGI | $608.2k | $20.54 |
| − OpEx | −$182.5k | −$6.16 |
| NOI | $425.8k | $14.37 |
29,620 SF · lease $22.20/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$6.08M
$5.32M – $7.10M
NOI $425,773 @ 7.0% cap · market cap 8.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.12M
$6.23M – $8.30M
NOI $498,256 @ 7.0% cap · market cap 10.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Church & religious facility - 28,000+ SqFt building on 18+ acres near I-95.
Where is this church & religious facility located?
The property is located at 3601 E MOODY BOULEVARD Bunnell, FL.
What is the asking price?
The asking price for this property is $4,950,000.
What are key features of this property?
This property features: Expansive 28,000+ sqft steel frame commercial building on 18+ acres; Prime location on Moody Blvd, minutes from I‑95, US Highway 1, Advent Health Hospital, & Flagler Executive Airport; Versatile building suitable for a myriad of uses (retail, restaurants, hotels, churches, etc.)
