800 State St Bunnell, FL 32110
- Industrial properties
- 12,570 SF
- 1.77 lot acres
Current Use by Public Records
- ICE HOUSE BUILDING / Business Park
- Sam's Auto Repair And Diagnostics Center / Auto Repair Shop
- Sams Auto Diagnositcs / Auto Repair Shop / Mechanic
Property Details for 800 State St
- Year built
- 1959
- Construction
- CONCRETE BLOCKS
- Lot size
- 1.77 lot acres
- Property size
- 12,570 SF
- Zone code
- B-1
- Property type
- Industrial properties
- APN
- 10-12-30-0850-01410-0050
- APU
- 1012300850014100050
Description
This exceptional 12,570 square foot commercial property, located at 800 N State Street in Bunnell, Florida, presents a compelling investment opportunity. Originally constructed in 1959 and extensively renovated in 2000, the building sits on a sizable 1.77-acre lot and is currently enjoying a strong 67.6% occupancy rate. Its strategic location in the heart of Bunnell ensures high visibility and accessibility to a substantial customer base. The property's B-1 zoning allows for a variety of retail and restaurant uses, making it ideal for a diverse range of businesses. The substantial square footage offers ample space for multiple tenants or a single large-scale operation. This property is a turnkey solution for an investor seeking a well-maintained, high-performing asset in a thriving Florida market. The significant existing occupancy provides immediate cash flow, while the remaining space presents opportunities for expansion and increased revenue. The combination of a desirable location, flexible zoning, and strong occupancy makes this a truly exceptional investment opportunity. Serious inquiries are encouraged to explore the potential of this remarkable property. The asking price is $1,999,999.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $900,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $820,000
- 6.5%
- $870,000
- 7%
- $800,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $830,000
- Geo Method
- $730,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $770,000
- Retail
- $825,000
- Mixed-Use
- $935,000
- Hospitality
- $920,000
- Educational
- $835,000
- Residential Income
- $980,000
- Energy
- $855,000
- Income-Based Land
- $915,000
- Food Service
- $715,000
Location Insight
- Map
- Local Demand
- City
- Bunnell
- County
- Flagler
- State
- Florida
- Longitude
- -81.2639
- Latitude
- 29.4707
- CBSA code
- 19660
- CBSA name
- DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA
