Property profile

108 State St Bunnell, FL 32110

OFF-MARKET
Office buildings
Property ID
US18-4733905
1,734 SF 0.21 ac lot Built 1958
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

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

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1958
Construction CONCRETE BLOCKS
Total area 1,734 SF
Lot 0.21 ac (8,973 SF)
Zoning code B-1
APN 10-12-30-0850-01560-0040
UPID US18-4733905

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop
  • Golf Cart Dealer Bicycle Shop

Location

108 State St Bunnell, FL 32110-8022
Bunnell metro Census 60218 DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$400k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$395k

Owner & transaction history

since 2025
Last sale
$290,000
4 recorded transactions
2025
Price N/A
2023
$290,000
2003
$120,000
2003
$175,000

Zoning & alternative use

B-1 · Bunnell, FL
Zoning description

The purpose of this business commercial district is to guide and regulate commercial uses including personal and business services and general retail business. It is the intent of this district to allow a wide range of c…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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