111 Cimmaron Dr Palm Coast, FL 32137
This exceptional 8,712 square foot commercial and residential lot is located at 111 Cimmaron Drive, Palm Coast, Florida, 32137. Priced at $229,000, this high and dry lot offers unparalleled convenience and flexibility. Situated in Sailboat Country, it provides easy access to the Intracoastal Waterway (7 minutes by boat) and the stunning Atlantic beaches (9 minutes by car). The property boasts city water and sewer connections, eliminating the need for costly infrastructure development. Enjoy the freedom to choose your own builder and construct your ideal project without HOA restrictions or mandated build timelines. This prime location offers proximity to a wide array of amenities, including shopping centers, restaurants, grocery stores, banks, medical facilities, retail outlets, golf courses, a community center, a hospital, schools, and convenient I-95 interchanges. This versatile lot presents a unique opportunity for both commercial and residential development, making it an ideal investment in a thriving Florida community. Don't miss this chance to build your vision in a highly desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.