108 State St Bunnell, FL 32110
- Office buildings
- 1,734 SF
- 0.21 lot acres
Current Use by Public Records
- J & M Stainless Steel Repair / Auto Repair Shop
- eWheelz / Golf Cart Dealer / Bicycle Shop
Property Details for 108 State St
- Year built
- 1958
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.21 lot acres
- Property size
- 1,734 SF
- Zone code
- B-1
- Property type
- Office buildings
- APN
- 10-12-30-0850-01560-0040
- APU
- 1012300850015600040
Description
This exceptional commercial property boasts a highly desirable location on US1 in the heart of Bunnell, Florida. The 0.21-acre lot offers significant visibility and accessibility due to its near-corner placement at US1 and SR 100, ensuring high traffic exposure. The main building comprises 1000 square feet of climate-controlled office space, ideal for administrative functions or a comfortable workspace. An additional 675 square feet of shop space provides ample room for various uses, such as light manufacturing, a small business operation, or even a daycare center. The property's B-2 zoning allows for a wide range of commercial activities. Two bathrooms and multiple separate entrances offer flexibility for diverse business needs, potentially allowing for simultaneous operation of different businesses or a work/rental split. A substantial brick shed, historically used as a telephone company dial house, adds unique character and potential for repurposing. Currently, a lucrative stainless steel polishing business operates on the site
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $395,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $300,000
- 6.5%
- $270,000
- 7%
- $280,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $305,000
- Geo Method
- $285,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $280,000
- Retail
- $290,000
- Mixed-Use
- $330,000
- Hospitality
- $265,000
- Educational
- $310,000
- Residential Income
- $350,000
- Energy
- $355,000
- Income-Based Land
- $320,000
- Food Service
- $335,000
Location Insight
- Map
- Local Demand
- City
- Bunnell
- County
- Flagler
- State
- Florida
- Longitude
- -81.2581
- Latitude
- 29.4664
- CBSA code
- 19660
- CBSA name
- DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA