0 Old Kings Rd Palm Coast, FL 32137
This exceptional 12-acre commercial land parcel in Palm Coast, Florida, presents a rare opportunity for significant development. Located on Old Kings Road, it boasts direct frontage on Interstate 95, offering unparalleled visibility and accessibility. The property's C-3 zoning designation, a highly sought-after classification in Flagler County, allows for a wide range of commercial uses, including dealerships, medical facilities, large-scale retail establishments, distribution centers, and entertainment complexes. With all utilities readily available, this site is ready for immediate development. High traffic counts are a key feature, with Old Kings Road averaging 7,800 vehicles daily (2015 data) and I-95 boasting an impressive 67,300 AADT (2015 data). The unobstructed view from I-95 ensures maximum exposure for any business. The size of this parcel, combined with its prime location and zoning, makes it an exceptional investment opportunity. Given the scarcity of similarly zoned properties of this size in the area, this offering represents a unique chance to secure a highly desirable commercial site. The asking price is $2,450,000. The property is situated at the intersection of Old Kings Rd and I-95 in Palm Coast, FL, zip code 32137.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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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.