Property profile

11 Florida Park Dr Palm Coast, FL 32137

OFF-MARKET
Medical Office Space
Property ID
US18-4997100
2,133 SF 0.23 ac lot Built 1980
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1980
Construction STEEL FRAME
Total area 2,133 SF
Lot 0.23 ac (10,019 SF)
Zoning code OFC-1
APN 07-11-31-7002-00030-0080
UPID US18-4997100

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
  • Physician
  • Physician
  • Physician
  • Physician
  • Physician

Location

11 Florida Park Dr Palm Coast, FL 32137-3866
Palm Coast metro Census 60103 DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$545k
CAP Approach CAP
$460k
Comparable Approach Comparable
by Request
Blend (final) Blend
$610k

Owner & transaction history

since 2023
Last sale
$450,000
4 recorded transactions
2023
$450,000
2019
$300,000
1998
Price N/A
1969
Price N/A

Zoning & alternative use

OFC-1 · Palm Coast, FL
Zoning description

The purpose of the OFC-1 district is to provide areas for limited office development. This district is primarily intended to provide office support to larger institutional uses, such as medical offices surrounding hospit…

General category CIVIC_INSTITUTIONAL
Top alternative use upside
Commercial (general) $535,000 +322.5%
Office building $450,000 +254.6%

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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