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    9895 Us-1 Bunnell, FL 32110

    For Sale
    $3,800,000

    Prime US-1 Bunnell lots, high growth

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional commercial land offering in Bunnell, Florida, presents a unique investment opportunity. Located on US-1, the property comprises five separate outparcels ranging from approximately 0.88 to 1 acre each, totaling approximately 9.4 acres. Each parcel is zoned for commercial use, providing flexibility for a variety of development projects. The asking price for the entire assemblage is $3,800,000. Individual parcel pricing varies, with Outparcel 1 priced at $709,000 ($18.50/sq ft), Outparcel 2 at $776,000 ($18.00/sq ft), Outparcel 3 at $784,000 ($18.00/sq ft), Outparcel 4 at $724,000 ($17.50/sq ft), and Outparcel 5 at $713,000 ($17.25/sq ft). Note that lot sizes are subject to change as engineering and permitting progress. This strategic location offers unparalleled access to major healthcare facilities. It's situated less than a quarter-mile from an AdventHealth-owned tract, half a mile from the Flagler Health + medical campus site, and just over a mile from a recently entitled hospital/medical office site. Furthermore, the property benefits from its position within a Development of Regional Impact (DRI) that is entitled for 4,900 residential units and currently has 660 lots under development, ensuring significant future growth and demand. The property's APN is 28-10-30-4290-00000-0030. This presents a compelling opportunity for investors seeking exposure to a rapidly expanding area with strong healthcare and residential growth drivers.

    Property Features for 9895 Us-1

    General Information

    Property type
    Land
    Lot Size
    38,333 SF

    HighLights

    • 0.25 miles to AdventHealth property.
    • 0.5 miles to Flagler Health+ medical campus.
    • 1.25 miles to a newly approved hospital/medical office development.
    • Situated in a Development of Regional Impact (DRI) approved for 4,900 residential units and 660 currently developing lots.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Bunnell
    County
    Flagler
    State
    Florida
    Longitude
    -81.283267745643
    Latitude
    29.600351280581

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    FAQs

    What type of property is this?
    Land - Prime US-1 Bunnell lots, high growth
    Where is this land located?
    The property is located at 9895 Us-1 Bunnell, FL.
    What is the asking price?
    The asking price for this property is $3,800,000.
    What are key features of this property?
    This property features: 0.25 miles to AdventHealth property.; 0.5 miles to Flagler Health+ medical campus.; 1.25 miles to a newly approved hospital/medical office development.
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    9895 Us-1 Bunnell, FL 32110
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    Realmo Value Estimation

    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.

    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.

    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
    9895 Us-1 Bunnell, FL 32110
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