100 State Rte Palm Coast, FL 32137
- Land
- 44.59 lot acres
Current Use by Public Records
- Land
Property Details for 100 State Rte
- Lot size
- 44.59 lot acres
- Property type
- Land
Description
Exceptional 44.59-acre commercial land parcel in Palm Coast, Florida, is available for $7,500,000. Located on State Road 100, this property boasts a prime location just 1.5 miles from the Atlantic Ocean and benefits from high traffic counts exceeding 20,000 vehicles daily. The permitted zoning, COM 2/COM, allows for mixed-use development, presenting a wide range of possibilities. Potential uses include hotels, medical facilities, assisted living, quick-service restaurants, restaurants, convenience stores, automotive businesses, and storage facilities. The property's strategic location is further enhanced by its proximity to key amenities and developments. It's within 1.5 miles of the Flagler Beach waterfront, featuring a new Margaritaville Hotel under construction, and a half-mile from a Publix supermarket. Nearby developments include a new BJ's Warehouse, and future locations for Miller's Ale House and Longhorn Steakhouse. AdventHealth Hospital is also conveniently located just 2 miles away. This property is situated in the heart of future residential growth, surrounded by planned multi-family and single-family home developments. An additional 10 acres of adjoining land, zoned Commercial 2 & Commercial 3, offer potential for assemblage, increasing the total linear footage along SR 100 to 1,038 feet. This represents one of the last remaining large parcels along SR 100 in Palm Coast, making it a truly unique investment opportunity. The APN is 03-12-31-0000-01010-0190. The price per acre is $168,199.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Palm Coast
- County
- Flagler
- State
- Florida
- Longitude
- -81.1956
- Latitude
- 29.4755