First-Floor Storefront
For Sale
$369,000
D114-160 Cypress Point Pkwy, Palm Coast, FL 32164
Open-plan commercial space includes separate customer and rear access, a private bathroom, new flooring, and fresh paint.
Property Size1,170 SF
Price / SF$315.38
Days on Market210
Property Features for D114-160 Cypress Point Pkwy
General Information
Standard status
Active
Size
1,170 SF
Additional Details
Floor
1
Anchor Co-Tenants
MPower Fitness, Dominic's Deli
Taxes and HOA fees
Annual Taxes
$2,610
Amenities
two separate entrances
private bathroom
ample parking
well-maintained environment
Building Details
Tenancy
Single
Listing Agency:
WELCOME HOME REAL ESTATE LLC
(386) 283-5620
Listed By:
Fatima Queiros · License #3069267
(386) 931-5065
Source:
Exprealty
Added: Mar 12
Changed: Oct 7
Last Checked: Oct 7 at 2:05PM
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 WELCOME HOME REAL ESTATE LLC
Investment Insights
Based on property information with market context.
This 1,170-square-foot, first-floor storefront unit at City Marketplace offers an open interior layout that can accommodate retail, office, studio, or service-oriented operations. The space has two distinct entrances, including a front customer entry and a rear access point suited to deliveries or private use. A dedicated bathroom is located within the unit, while fresh paint and new flooring provide updated interior finishes.
The property is positioned in Palm Coast near established businesses including MPower Fitness and Dominic’s Deli. Ample plaza parking supports customer and employee access, and the unit’s address is D114-160 Cypress Point Pkwy.
The property is positioned in Palm Coast near established businesses including MPower Fitness and Dominic’s Deli. Ample plaza parking supports customer and employee access, and the unit’s address is D114-160 Cypress Point Pkwy.
Key Highlights
- 1,170‑square‑foot first‑floor storefront unit
- Open floor plan with two separate entrances
- Private bathroom located within the unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,818
Cap Rate
4.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$336,360
$336.4K
Cap Rate 7%
$240,257
$240.3K
Cap Rate 9%
$186,867
$186.9K
Market Conditions
NOI Build-Up for 1,170 SF
Gross rent
$26.0K $22.20/SF
− Vacancy
−$1.9K −$1.67/SF
EGI
$24.0K $20.54/SF
− OpEx
−$7.2K −$6.16/SF
NOI
$16.8K $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%
$336,360
Cap Rate 7%
$240,257
Cap Rate 9%
$186,867
Alternative Uses
Best Use
Retail
$240.3K
$210.2K – $280.3K
NOI $16,818 @ 7.0% cap · market cap 4.56%
Second Best
Office B
$193.6K
$169.4K – $225.9K
NOI $13,552 @ 7.0% cap · market cap 3.67%
Theoretical Best
Office A
$281.2K
$246.0K – $328.0K
NOI $19,681 @ 7.0% cap · market cap 5.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,250
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
- Palm Coast Corners Associates — 1284 Palm Coast Pkwy SW, Palm Coast, FL 32137
- Fiori di Palm Coast — palm coast pkwy sw, palm coast, fl 32137
Frequently Asked Questions
What type of property is this?
Storefront property - Open-plan commercial space includes separate customer and rear access, a private bathroom, new flooring, and fresh paint.
Where is this storefront property located?
The property is located at D114-160 Cypress Point Pkwy Palm Coast, FL.
What is the asking price?
The asking price for this property is $369,000.
What are key features of this property?
This property features: 1,170‑square‑foot first‑floor storefront unit; Open floor plan with two separate entrances; Private bathroom located within the unit
