0 State St Bunnell, FL 32110
Exceptional 5.64-acre commercial land opportunity in Bunnell, Florida, boasting 365 feet of direct US-1 frontage. This strategically located parcel sits at the intersection of US-1 and Grand Reserve Drive, comprising two combined parcels (APN: 03-12-30-0650-00110-0011, 0312300650001100011). Currently zoned agricultural, the property is undergoing annexation into the City of Bunnell with a zoning change to Industrial anticipated for completion in November 2024. While 1.45 acres are wetlands, the remaining 4.19 acres offer significant buildable space. Its proximity to the new 2700-acre Reserve at Haw Creek PUD (less than one mile north) makes this an ideal location for businesses seeking high visibility and accessibility. The asking price is $750,000. This presents a unique chance to acquire a prime commercial site with significant future development potential in a rapidly growing area. The property's address is N State St, Bunnell, FL 32110.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.