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Property profile & analytics
OFF-MARKET
Warehouses

452 Ninth St Bunnell, FL 32110

24,750 SF 4 ac lot Built 2024
Property ID
Property summary
AI-generated overview

This exceptional 24,750-square-foot industrial warehouse, located at 452 Ninth St, Bunnell, FL 32110, offers 14 versatile units ready for immediate occupancy. The property, built in 2024, sits on 4 acres and is zoned L-1. The building features energy-efficient construction with metal siding and block walls, providing a variety of office space options. Unit sizes are diverse, with ten 1,375-square-foot units, two 2,805-square-foot units, and two 2,695-square-foot units. Units can be combined to accommodate larger tenants' needs. The property is classified as Class B and has a minimum divisible space of 1,375 square feet. Operating expenses are a reasonable $2.50 per square foot, with a base rent of $11.00 per square foot. This is a rare opportunity in a competitive market

Property profile
Verified
Property type Warehouses
Year built 2024
Total area 24,750 SF
Lot 4 ac (174,240 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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