Building Details

Year Built 2000

Listing Agency: WINROCK PROPERTY MANAGEMENT, LLC. d***@winrockpm.com Show Phone

Listed By: DANIEL WORKMAN · License #3431053 Show Phone

Source: Endlesssummerrealty

Added: Oct 26 Changed: Nov 3 Last Checked: Nov 3 at 8:13AM

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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 WINROCK PROPERTY MANAGEMENT, LLC.

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Investment Insights

Based on property information with market context.

Located in the Marvins Garden Complex in Bunnell, this 768-square-foot commercial unit can accommodate office or storefront use. The property was built in 2000 and includes rear roll-up doors for deliveries and loading.

The unit is part of an established commercial complex with long-term tenants.

Key Highlights

• 768‑square‑foot commercial unit
• Rear roll‑up doors provide delivery and loading access
• Office or storefront use

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$11,040

Suggested Prices Based on Cap Rates

Cap Rate 5%

$220,800 $220.8K

Cap Rate 7%

$157,714 $157.7K

Cap Rate 9%

$122,667 $122.7K

What to ask about pricing

Market Conditions

NOI Build-Up for 768 SF

Gross rent

$17.0K $22.20/SF

− Vacancy

−$1.3K −$1.67/SF

EGI

$15.8K $20.54/SF

− OpEx

−$4.7K −$6.16/SF

NOI

$11.0K $14.37/SF

Area

Flagler County, FL

Vacancy

7.50%

Lease Rate

$22.20 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$220,800

Cap Rate 7%

$157,714

Cap Rate 9%

$122,667

Alternative Uses

Best Use

Retail

$157.7K

$138.0K – $184.0K (±1% cap)

NOI $11,040 @ 7.0% cap · market cap 849.23%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$184.6K

$161.5K – $215.3K (±1% cap)

NOI $12,919 @ 7.0% cap · market cap 993.77%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Ansorge Plumbing Plumbing Service Ortiz Building Contractor General Contractor Freedom Homes Inc Construction Company Heritage Funeral And Cremation ... Social Service Agency Invisacook Big Box & Wholesale Store

Suggested Use

Top Pick Law Firm Garden Center (Bike/Boat/Book/etc) Store Daycare Center Grocery & Convenience Store Hotel & Motel

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

360

Businesses Nearby

99k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 59% Groceries 22% Home Improvements & Furnishings 17% Shops & Services 1%

Culver's Dining

24,653 visits/mo 0.4 miles

Aldi Groceries

22,187 visits/mo 0.5 miles

Starbucks Dining

20,720 visits/mo 0.4 miles

Tractor Supply Co. Home Improvements & Furnishings

17,140 visits/mo 0.4 miles

Taco Bell Dining

13,020 visits/mo 0.4 miles

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

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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Frequently Asked Questions

What type of property is this?

Storefront property - The commercial unit is configured for office or storefront use within the Marvins Garden Complex.

Where is this storefront property located?

The property is located at 4601 E MOODY Boulevard #J6 Bunnell, FL.

What are key features of this property?

This property features: 768‑square‑foot commercial unit; Rear roll‑up doors provide delivery and loading access; Office or storefront use