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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?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

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

· Oct 2026
$6.63M
$5.97M – $7.29M
CAP approach$5.36M
Submarket $/SF estimate$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 Qualifying 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 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
185 Cypress Pt, Palm Coast, FL 32164-8407 $415,930 Jul 2025 13,096 SF
2 Midway, Palm Coast, FL 32164-2356 $550,000 Jun 2025 728 SF
531 Cypress Edge, Palm Coast, FL 32164-8420 $4,000,000 Nov 2022 2,917 SF
5625 State Hwy 100, Palm Coast, FL 32164-2426 $1,185,000 Jul 2022 2,400 SF
60 Memorial Medical, Palm Coast, FL 32164-5980 $1,750,000 Jun 2022 2,478 SF
21 Hospital, Palm Coast, FL 32164-2452 $7,125,000 Nov 2018 16,601 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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