1475 Palm Coast Pkwy NW Palm Coast, FL 32137
Property profile & analytics
1475 Palm Coast Pkwy NW Palm Coast, FL 32137
- Strip malls
- 13,600 SF
- 1.72 lot acres
Property ID
US18-4313089
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Ratner Co / Barber Shop
- Matt Rio - State Farm Insurance Agent / Insurance Agency
- Kawa Sushi / Restaurant
- China King / Restaurant
- Pizza Hut / Take-out & Catering
Property Details for 1475 Palm Coast Pkwy NW
- Year built
- 2002
- Construction
- CONCRETE
- Lot size
- 1.72 lot acres
- Property size
- 13,600 SF
- Zone code
- COM-2
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 07-11-31-7025-000C1-0010
- APU
- 0711317025000C10010
Description
This exceptional 13,600 square foot Class A shopping center in Palm Coast, Florida, offers a compelling investment opportunity. Located at 1475 Palm Coast Pkwy NW, this single-story, 10-tenant property boasts a strong NOI of $388,434 and a 5.75% cap rate. Built in 2002 on a 1.72-acre lot, the center features a diverse mix of national and regional tenants, including AT&T, Firehouse Subs, Hair Cuttery, and Pizza Hut, all operating under NNN leases. The property benefits from its strategic outparcel location to a Publix supermarket, ensuring high foot traffic and visibility. Recent capital improvements include a new roof, resealed parking lot, and refreshed exterior paint. With 100% occupancy and rent bumps in place, this investment presents a stable and durable income stream. The property features 68 parking spaces per 1,000 square feet and is zoned COM-2. The asking price is $6,755,374, representing a price per square foot of $496.72. This is a 1031 exchange eligible property. The property's strong tenant mix, prime location, and recent improvements make it an attractive acquisition for discerning investors seeking a stable, high-performing retail asset. The property's financial strength is further supported by the credit-rated tenants and long-term lease agreements. This is a fee-simple ownership opportunity.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $455,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $996,000
Market price range: $521k - $997k -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $660,000 Current use
- WAREHOUSE, STORAGE
- $1,130,000 Change: +70% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Palm Coast
- County
- Flagler
- State
- Florida
- Longitude
- -81.2356
- Latitude
- 29.5528
- CBSA code
- 19660
- CBSA name
- DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$40,830
$0.00
$2,350,000
$2,350,000
-
$0.00
$2,350,000
$2,350,000
