Financial
Distress signals
Property profile

11 Commerce Blvd 1 Palm Coast, FL 32164

FOR LEASE
Office buildings
Property ID
US18-4360361
28,200 SF 17.44 ac lot Built 1989
Last sale Nov 2021 · $6,750,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is located in Commerce Park within Palm Coast’s industrial park area, positioned on the corner of Palm Coast Parkway and US 1, providing access to I-95 and US Hwy 1. It consists of space within a larger 143,000-square-foot industrial building configured for office and call center use. Available configurations include Suite 7 (1,877 square feet) and Suite 8B (3,180 square feet). The space is secured with badge access and video surveillance, and three-phase electric power is

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$113k
Tax billed · 2023
Assessed value$6.08M
Assessed improvement$6.08M
Effective rate1.85%

Value estimate

· Sep 2026
$6.63M
$5.97M – $7.29M
CAP approach$5.36M
Sales comparison$6.32M
NOI build-up
Gross scheduled income$63k
Vacancy & credit loss−$14k
Operating expenses−$12k
NOI · 72.84% cap applied$37k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$342/SF
ZIP average, outlier-cleaned · 28 recorded sales of this use type
Observed band · Q1–Q3$129 – $483

Cap rate analysis

How does the asset earn?
72.84%
$37k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
IND-1
The purpose of the IND-1 district is to provide areas for restricted industrial and warehouse uses of low to moderate intensities with mi...
General categoryINDUSTRIAL
JurisdictionFLAGLER

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant22.5
Dental Office19.2
Auto Parts Store14.4

Location

11 Commerce Blvd, Unit 1 Palm Coast, FL 32164
County assessor Recorded deeds · 5 transfers Comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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