New Commercial Building For
For Sale
$840,000
50 EXCHANGE LOOP Loop 5, Palm Coast, FL 32164
Under construction commercial building in a prime location.
Property Size2,500 SF
Lot Size0.10 Acres
Days on Market274
Property Features for 50 EXCHANGE LOOP Loop 5
General Information
Standard status
Active
Size
2,500 SF
Lot size
0.10 Acres
Property subtype
Commercial
Building Details
Building Size
2,500 SF
Year Built
2025
Stories
1
Listing Agency:
THE MARKS GROUP REALTY, LLC
(352) 432-8678
Listed By:
Wyatt Marks · License #3135582
(352) 432-8678
Source:
Elliman
Added: Nov 28, 2025
Changed: Aug 24
Last Checked: Aug 28 at 12:42PM
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 THE MARKS GROUP REALTY, LLC
Investment Insights
Based on property information with market context.
Located within Palm Coast Town Center Exchange, a commercial development within Palm Coast's Town Center master plan and part of a U.S. HUD opportunity zone, is Building #05, available for purchase. The zone offers tax benefits for participating owners. The building is being delivered in dark gray shell condition, providing a fully customizable interior. The property is located 0.3 miles from AdventHealth Palm Coast Hospital, off Interstate 95 and Highway 100, offering visibility and access along Town Center Boulevard with over 390 feet of frontage. Situated in the Town Center community, with multiple residential projects underway, this property is suited for medical practices and businesses looking to capitalize on one of Florida's fastest-growing cities.
Key Highlights
- Prime location in Palm Coast Town Center, near AdventHealth Palm Coast Hospital, offering high visibility and accessibility.
- Located within a U.S. HUD opportunity zone, providing potential tax benefits.
- Customizable interior, delivered in dark gray shell condition, allowing buyers to design their ideal space.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$35,936
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.28%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$718,720
$718.7K
Cap Rate 7%
$513,371
$513.4K
Cap Rate 9%
$399,289
$399.3K
Market Conditions
NOI Build-Up for 2,500 SF
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.
Gross rent
$55.5K $22.20/SF
− Vacancy
−$4.2K −$1.67/SF
EGI
$51.3K $20.54/SF
− OpEx
−$15.4K −$6.16/SF
NOI
$35.9K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$718,720
Cap Rate 7%
$513,371
Cap Rate 9%
$399,289
Alternative Uses
Best Use
Retail
$513.4K
$449.2K – $598.9K
NOI $35,936 @ 7.0% cap · market cap 4.28%
Second Best
Healthcare Medical
$499.4K
$437.0K – $582.7K
NOI $34,959 @ 7.0% cap · market cap 4.16%
Theoretical Best
Office A
$600.8K
$525.7K – $700.9K
NOI $42,054 @ 7.0% cap · market cap 5.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
154
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 32164, FL
49,412
Population
22,902
Households
2.2
Avg Household Size
48
Median Age
26%
College-Educated
91%
High-School Grad
32.5 sq mi
ZIP Area
1,520
Density / Sq Mi
$71,738
Median Household Income
$37,976
Median Earnings
$1,724
Median Rent
$308,100
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Banfield Pet Hospital — 5270 State Rte 100, Palm Coast, FL 32164
- Southern Wind Animal Hospital — 800 Belle Terre Pkwy Suite 110, Palm Coast, FL 32164
Frequently Asked Questions
What type of property is this?
Medical Office Space - Under construction commercial building in a prime location.
Where is this medical office space located?
The property is located at 50 EXCHANGE LOOP Loop 5 Palm Coast, FL.
What is the asking price?
The asking price for this property is $840,000.
What are key features of this property?
This property features: Prime location in Palm Coast Town Center, near AdventHealth Palm Coast Hospital, offering high visibility and accessibility.; Located within a U.S. HUD opportunity zone, providing potential tax benefits.; Customizable interior, delivered in dark gray shell condition, allowing buyers to design their ideal space.
