Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1 Farraday Ln Palm Coast, FL 32137-3853
    Back to Search
    Property profile & analytics

    1 Farraday Ln, Palm Coast, FL 32137-3853

    View on Map
    • Office buildings
    • 8,530 SF
    • 0.52 lot acres
    Off-Market
    Property ID
    US18-1464663
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $1,125,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Real Estate in Palm Coast / Real Estate Agency
    • Century 21 Realty Management Co Inc / Real Estate Agency
    • Perfect Beach Vacation Home / Vacation Rental / Real Estate Agency
    • Coastal Education Center / High School
    • In and out clinics / Medical Clinic

    Property Details for 1 Farraday Ln

    Year built
    1976
    Construction
    CONCRETE
    Lot size
    0.52 lot acres
    Zone code
    OFC-2
    Property type
    Office buildings
    APN
    07-11-31-7002-00010-0010
    APU
    711317002000100010

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Nov 21, 2012 $150,000 Palm Coast Rent LLC Vystar Cu Grant Deed $350k · Virtual Homes Realty LLC
    Jan 9, 2012 — Vystar Cu Chapman,john R & Cindy S Coc Trustees Deed · related —
    Nov 21, 2007 $200,000 Realty Shops Com INC Chapman,john & Cindy S Quit Claim Deed · related —
    Jan 26, 2004 $300,000 John R Chapman Maresco,honora M Grant Deed $325k · Vystar Cu
    — — Palm Coast Rent Corp — Deed Of Trust · related $500k · Vystar Cu

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,446,000
      Market price range: $1.45M - $3.23M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Palm Coast
    County
    Flagler
    State
    Florida
    Longitude
    -81.2075
    Latitude
    29.5591
    CBSA code
    19660
    CBSA name
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $7,022
    $0.00
    $379,000
    $379,000
    -
    $0.00
    $379,000
    $379,000

    Comparable in this City

    • Value Estimation
      $725,000
      3,313 SF

      14 Palm Hbr Vlg Way

      OFFICE BUILDING
      14 Palm Hbr Vlg Way, Palm Coast, FL 32137-8235
      View Details
    • Value Estimation
      $5,090,000
      680 SF

      2 Aspen Way

      OFFICE BUILDING
      2 Aspen Way, Palm Coast, FL 32137
      View Details
    • Value Estimation
      $980,000
      7,321 SF

      3 Hargrove Grade

      OFFICE BUILDING
      3 Hargrove Grade, Palm Coast, FL 32137-5120
      View Details
    • Value Estimation
      $1,950,000
      15,000 SF

      1 Industry Dr

      OFFICE BUILDING
      1 Industry Dr, Palm Coast, FL 32137-5104
      View Details
    • Value Estimation by Request
      2,180 SF

      4488 Ocean Shr Blvd

      OFFICE BUILDING
      4488 Ocean Shr Blvd, Palm Coast, FL 32137-2220
      View Details
    • Value Estimation
      $620,000
      4,236 SF

      5182 Ocean Shr Blvd

      OFFICE BUILDING
      5182 Ocean Shr Blvd, Palm Coast, FL 32137-3262
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,615 SF

      Premium Office Building For Sale

      Income-generating professional office in high-demand coastal market.
      1 Armand Beach Dr, Palm Coast, FL 32137
      View Details
    • $1,850,000
      14,788 SF

      Palm Coast Office Quad For Sale

      14,788 SF office quad with recent improvements in Palm Coast.
      4 Office Park Dr, Palm Coast, FL 32137
      View Details
    • Contact for pricing

      Westpointe Plaza Office Condo

      2,062 SF office condo in Palm Coast for sale.
      4881 Palm Coast Pkwy NW STE 2 & 3, Palm Coast, FL 32137
      View Details
    • $330,000
      Pending

      Westpointe Plaza Office Condo

      Office condo in Palm Coast, ideal for investors or owner-operators.
      4873 Palm Coast Pkwy NW 3, Palm Coast, FL 32137
      View Details

    Similar Nearby for Lease

    • Sponsored
      Contact for pricing

      FL, Palm Coast - Palm Coast Parkway

      Flexible workspace in FL, Palm Coast - Palm Coast Parkway
      4869 Palm Coast Pkwy, Palm Coast, FL 32137
      View Details
    • $12 SF/Yr

      Palm Coast Parkway Office Space

      Office space with frontage on Palm Coast Parkway.
      381 Palm Coast Pkwy SW 4, Palm Coast, FL 32137
      View Details
    • Contact for pricing

      Palm Coast Commercial Space For Lease

      Commercial space for lease in Palm Coast, Florida.
      5055 North Oceanshore Blvd, Palm Coast, FL 32137
      View Details
    • Contact for pricing
      2,662 SF

      Island Walk Office Space

      Office space in premier shopping area, easy I-95 access.
      4 Old Kings Rd N, Palm Coast, FL 32137
      View Details
    • $1,800 /Mo
      1,031 SF

      Palm Coast Office Space Available

      Office space with reception area and five offices for rent.
      381 Palm Coast Pkwy SW, Palm Coast, FL 32137
      View Details
    • $1,850 /Mo
      1,228 SF

      Executive Office Suite in Palm Coast

      Executive office suite with private access in Palm Coast, FL.
      50 Leanni Way, Palm Coast, FL 32137
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1 Farraday Ln
    Palm Coast, FL 32137-3853
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1 Farraday Ln, Palm Coast, FL, 32137
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!