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Property profile & analytics
OFF-MARKET Estimated value $640,000
Theaters & concert halls

1185 Central Ave Palm Coast, FL 32164-2386

47,573 SF 18.48 ac lot Built 2010
Entity Owned 18-yr Hold Free & Clear
Property ID
US18-5518926
Property summary
AI-generated overview

This exceptional retail opportunity is located in front of the EPIC Theatre in vibrant Palm Coast, Florida. The property offers a total of 15,000 square feet of space, ideal for multiple restaurant tenants. Individual spaces are available, ranging from a minimum of 1,200 square feet to a maximum contiguous space of 7,500 square feet. This flexible layout allows for diverse business models and sizes, catering to a variety of restaurant concepts. The proposed shop spaces are strategically positioned to capitalize on the high foot traffic generated by the theatre, ensuring significant visibility and accessibility for potential customers. This is a unique chance to establish a thriving restaurant business in a high-demand location. The development requires a pre-lease commitment of at least 6,000 square feet before construction begins, presenting an opportunity for a significant anchor tenant to shape the development's future. This prime location offers exceptional potential for growth and success within a dynamic and thriving community. The property's design and location are perfectly suited for restaurants seeking a prominent presence in Palm Coast. Don't miss this chance to secure your space in this exciting new development. Contact us today to learn more about leasing options and secure your place in this promising venture.

Property profile
Verified
Property type Theaters & concert halls
Use group THEATER (MOVIE)
Year built 2010
Construction WOOD
Total area 47,573 SF
Lot 18.48 ac (804,945 SF)
Zoning code MPD
APN 06-12-31-5825-00000-0230
UPID US18-5518926
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
Current use
Occupant on record · Public records
  • Epic Theatres of Palm Coast Cinema Theater & Performing Art Venue
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$640k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$640k
Owner & transaction history
Epic Properties Of Palm Coast LLC · 18 yrs held
Epic Properties Of Palm Coast LLC
since 2007
3 recorded transactions
2007
$523,100
1969
Price N/A
1969
Price N/A
Zoning & alternative use
MPD · Palm Coast, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The purpose of the Master Planned Development district is to provide areas where a variety of uses are mixed together in master planned developments and communities. This district utilizes cohesive architectural themes and emphasizes accessibility for pedestrians and bicyclists.

Zone name Master Planned Development
General category PLANNED_DEVELOPMENT
Zone area 19,318.43 ac
Source Realmo
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