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    Spacious Commercial Building on 18+ Acres Title is generated by Realmo AI

    3601 E Moody Blvd, Bunnell, FL 32110

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    28,000+ sq ft building on 18+ acres with pond.

    Type:Special Purpose
    Property size:
    28,171 SF
    Lot size:
    18.00 Acres
    Price / SF:
    $175/SF
    Added:
    Aug 29, 2023
    Days on Market:
    1046
    Last Refresh:
    Jul 4 at 10:55 pm

    Property Features for 3601 E Moody Blvd

    General Information

    Standard status
    Active
    Size
    28,171 SF
    Lot size
    18.00 Acres
    Property subtype
    Special Purpose

    Building Details

    Year Built
    1988

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    Jena Dennis
    Jena Dennis

    Listing office GREAT EXPECTATIONS REALTY

    Listing date Aug 29, 2023

    Source Crexi

    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

    HighLights

    • 28,000+ sq ft steel frame commercial building on 18+ acres with pond
    • Prime location on Moody Blvd, minutes from I‑95, US Highway 1, Advent Health Hospital, & Flagler Executive Airport
    • Versatile building suitable for myriad different uses including retail, restaurants, hotels, day care centers, and more
    • Includes a commercial kitchen, multiple restrooms, nurseries, classrooms, offices, and play areas
    • Multiple parking areas, 2 playgrounds, and a 1200 sq ft storage warehouse
    • Wooded acreage with a pond that has approximately 13 acres of potential wetlands

    Overview

    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. The property is located on a busy highway and is currently used as a church. The building 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. Multiple parking areas are available, along with two playgrounds and a 1,200-square-foot storage warehouse. The acreage includes wooded areas with a pond and approximately 13 acres of potential wetlands. The property is in a prime location directly on Moody Boulevard and minutes from I-95, US Highway 1, Advent Health Hospital, and Flagler Executive Airport. Permitted uses may include 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 roof is original and has some active leaks, and the property is being sold as-is. The building has great bones and could be used for myriad different uses.

    Local Financial Insights For Specialty 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 $618.6k $21.96
    − Vacancy −$32.2k −$1.14
    EGI $586.5k $20.82
    − OpEx −$146.6k −$5.20
    NOI $439.8k $15.61
    28,171 SF · lease $21.96/SF/yr · vacancy 5.20% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $6.28M
    $5.50M – $7.33M (±1% cap)
    NOI $439,850 @ 7.0% cap · market cap 8.89%
    Second Best
    Retail
    $5.78M
    $5.06M – $6.75M (±1% cap)
    NOI $404,944 @ 7.0% cap · market cap 8.18%
    Theoretical Best
    Office A
    $6.77M
    $5.92M – $7.90M (±1% cap)
    NOI $473,881 @ 7.0% cap · market cap 9.57%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Praise Assembly of God ... Daycare Center

    Suggested Use

    Real Estate Agency Restaurant Auto Parts Store Parking Lot & Garage Law Firm Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Grocery & Convenience Store Pet Grooming Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Bunnell
    County
    Flagler
    State
    Florida
    Longitude
    -81.2339229
    Latitude
    29.4731752

    FAQs

    What type of property is this?
    Church & religious facility - 28,000+ sq ft building on 18+ acres with pond.
    Where is this church & religious facility located?
    The property is located at 3601 E Moody Blvd 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: 28,000+ sq ft steel frame commercial building on 18+ acres with pond; Prime location on Moody Blvd, minutes from I‑95, US Highway 1, Advent Health Hospital, & Flagler Executive Airport; Versatile building suitable for myriad different uses including retail, restaurants, hotels, day care centers, and more
    (904) 806-4274 Call to check price and availability
    More about this property
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