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Property profile & analytics
OFF-MARKET
Commercial real estate

111 Cimmaron Dr Palm Coast, FL 32137

Individually Owned 4-yr Hold
Property ID
US18-7081281
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
UPID US18-7081281
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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by Request
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Comparable Approach Comparable
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Owner & transaction history
Michael Mendonsa · 4 yrs held
Michael Mendonsa
since 2021
1 recorded transaction
2021
$175,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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