Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    4920 Belle Terre Pkwy Palm Coast, FL 32137

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $5,444,000

    Restaurant property with drive-thru and high visibility for sale.

    Property size:
    2,415 SF
    Lot size:
    0.76 Acres

    Property Features for 4920 Belle Terre Pkwy

    General Information

    Standard status
    Active
    Size
    2,415 SF
    Lot size
    0.76 Acres

    Building Details

    Year built
    2026

    We can help!

    Listing Contact
    David Hoppe
    David Hoppe
    Source: Crexi

    Listing Agency: Atlantic Capital Partners Listing Agent: David Hoppe

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Hard-Cornered Restaurant with Drive-Thru

    This commercial property, suitable for restaurant use, features a drive-thru. The property is located on a hard-cornered site. The building size is 2415 square feet. The property is being offered for sale at a 4.50% capitalization rate.
    Location Intelligence

    Current Use by Public Records

    Drive through restaurants

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Palm Coast
    County
    Flagler
    State
    Florida
    Longitude
    -81.2362961
    Latitude
    29.5507804

    Nearby Similar for Sale

    • $618,000
      3,063 SF

      New Duplex in Palm Coast

      New construction duplex with excellent investment opportunity in Palm Coast.
      14 Brelyn Pl, Palm Coast, FL 32137
      View Details
    • $540,000
      2,376 SF

      New Duplex in Palm Coast

      Brand new duplex with upgrades, great investment opportunity.
      37 Regent Ln, Palm Coast, FL 32164
      View Details
    • $455,000
      2,550 SF

      Palm Coast Triplex in Palm Harbor

      Triplex in Palm Coast's Palm Harbor community with updated features.
      2 Fawn Ln, Palm Coast, FL 32137
      View Details
    • $684,500
      3,076 SF

      New Construction Duplex in Palm Coast

      New construction duplex with modern design, convenient location, and rental potential.
      86 Emerson Dr, Palm Coast, FL 32164
      View Details
    • $435,000
      Pending

      Turnkey Restaurant Commercial Condo

      Fully equipped restaurant condo for sale in prime location.
      160 Cypress Point Pkwy, Palm Coast, FL 32164
      View Details
    • $425,000
      2,728 SF

      Palm Coast Income-Producing Duplex

      Income-producing duplex in central Palm Coast, ideal for owner or investor.
      35 Brunswick Ln, Palm Coast, FL 32137
      View Details
    • $565,000
      3,123 SF

      Palm Coast Duplex Investment Opportunity

      Custom duplex in Palm Coast with income potential.
      28 Karat Path, Palm Coast, FL 32164
      View Details
    • New
      $499,900
      2,433 SF

      Palm Coast Multi-Family Opportunity

      Multi-family property in Matanzas Woods with income potential.
      30 Louvet Ln, Palm Coast, FL 32137
      View Details
    • New
      $395,000
      2,631 SF

      Palm Coast Duplex Investment Opportunity

      Well-maintained duplex in Palm Coast with strong rental potential.
      16 Pine Hurst Ln, Palm Coast, FL 32164
      View Details
    • $840,000
      2,500 SF

      New Office Building in Palm Coast

      New construction office building with customizable interior in Palm Coast.
      50 Exchange Loop Loop, Palm Coast, FL 32164
      View Details
    • $840,000
      2,500 SF

      New Customizable Office in Palm Coast

      Under construction office space with customizable interior in Palm Coast.
      60 Exchange Loop Loop, Palm Coast, FL 32164
      View Details
    • $950,000
      2,750 SF

      New Office in Palm Coast

      Under construction office building in Palm Coast Town Center.
      90 Exchange Loop Loop, Palm Coast, FL 32164
      View Details

    FAQs

    What type of property is this?
    Drive through restaurant - Restaurant property with drive-thru and high visibility for sale.
    Where is this drive through restaurant located?
    The property is located at 4920 Belle Terre Pkwy Palm Coast, FL.
    What is the asking price?
    The asking price for this property is $5,444,000.
    What are key features of this property?
    This property features: - 4.50% CAP; - Hard-Cornered Site; - Features a Chipotlane
    (704) 375-7771
    Request Owner's contact information
    4920 Belle Terre Pkwy Palm Coast, FL 32137
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4920 Belle Terre Pkwy
    Palm Coast, FL 32137
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4920 Belle Terre Pkwy Palm Coast, FL 32137
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    David Hoppe
    David Hoppe
    Real Estate License ID: 288268
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!