Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Woodland Ave Bunnell, FL 32110

    Property Lookup

    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Woodland Ave Bunnell, FL 32110

    View on Map
    • Land
    • 10.38 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Woodland Ave

    Lot size
    10.38 lot acres
    Property type
    Land

    Description

    This exceptional 10.38-acre commercial land parcel is strategically located in Bunnell, Florida, just west of the Palm Coast Town Center. Zoned for business use, this property offers significant development potential. The site includes approximately 2.68 acres of wetlands, which are mitigatable. Its prime location offers easy access to Highway 100 and US Route 1, placing it within reach of a thriving commercial corridor. Surrounding businesses include popular restaurants, shops, and national retailers such as Starbucks, ALDI, Tractor Supply Co., T.J. Maxx, and PetSmart. Bunnell, established in the 1880s, serves as the county seat of Flagler County and is part of the Deltona-Daytona Beach-Ormond Beach Metropolitan Statistical Area. The property's proximity to Flagler Executive Airport, Flagler Palm Coast High School, and AdventHealth Palm Coast adds to its appeal. Furthermore, Daytona State College is only 10 miles away. The asking price is $1,505,100, translating to $145,000 per acre. Parcel numbers are 10-12-30-0850-01020-0000, 10-12-30-0850-01390-0000, and 10-12-30-0850-01410-0030.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bunnell
    County
    Flagler
    State
    Florida
    Longitude
    -81.263
    Latitude
    29.4702

    Comparable in this City

    • Value Estimation by Request

      6326 Alder Ave

      Land
      6326 Alder Ave, Bunnell, FL 32110
      View Details
    • Value Estimation by Request
      5.44 Acres

      100 State Rte

      Land • 5.44 Acres
      100 State Rte, Bunnell, FL 32110
      View Details
    • Value Estimation by Request

      Andalusia Trl

      Land
      0 Andalusia Trl, Bunnell, FL 32110
      View Details
    • Value Estimation by Request
      0.88 Acres

      9895 Us-1

      Land • 0.88 Acres
      9895 Us-1, Bunnell, FL 32110
      View Details
    • Value Estimation by Request

      5146 Lime Ave

      Land
      5146 Lime Ave, Bunnell, FL 32110
      View Details
    • Value Estimation by Request

      3684 Evergreen Ave

      Multifamily properties
      3684 Evergreen Ave, Bunnell, FL 32110
      View Details

    Similar Nearby for Sale

    • $84,900
      Pending

      Land for Sale in Bunnell

      Land available in Flagler County, Bunnell, Florida.
      4374 Clove Ave, Bunnell, FL 32110
      View Details
    • $218,500

      Land For Sale in Bunnell

      Land available in Bunnell, Florida.
      594 E County Road 90, Bunnell, FL 32110
      View Details
    • $62,800

      Cleared Lot Ready to Build

      High and dry lot, cleared, surveyed, and perk tested.
      2216 Laurel Ave, Bunnell, FL 32110
      View Details
    • $39,900

      Land in Bunnell, Florida

      Expansive land for building or recreational use in Bunnell.
      5414 Mulberry Ln, Bunnell, FL 32110
      View Details
    • $995,900
      Pending

      Land Parcel on Opossum Lane

      Land available on Opossum Lane, Bunnell, Florida.
      110 Opossum Ln, Bunnell, FL 32110
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Industrial Buildings with Secured Storage

      New industrial buildings with secured outdoor storage in Bunnell, Florida.
      2190 N State St, Bunnell, FL 32110
      View Details
    • $13 SF/Yr
      1,655 SF

      BUNNELL Office/Warehouse Unit For Rent

      Office/warehouse unit in Favoretta Business Center with ample parking.
      7775 Us Highway 1, Bunnell, FL 32110
      View Details
    • $1,850 /Mo
      1,000 SF

      Air-Conditioned Industrial Condo Unit

      1000 SF industrial condo with full air conditioning.
      2323 N State St, Bunnell, FL 32110
      View Details
    • $1,400 /Mo
      954 SF

      Retail Space in Bunnell, FL

      Commercial space on US-1, minutes from the beach. Flexible layout.
      502 N State St, Bunnell, FL 32110
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Woodland Ave
    Bunnell, FL 32110
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!