9895 Us-1 Bunnell, FL 32110
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.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.