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Property profile & analytics
FOR LEASE
Medical Office Space

180 Pinnacles Dr Palm Coast, FL 32164

21,055 SF 2.09 ac lot Built 2009
Entity Owned 10-yr Hold ~ Est. High Equity
Property ID
US18-4890387
Property summary
AI-generated overview

This two-story, Class B Palm Coast medical office building, constructed in 2009, offers 21,055 square feet of space with 10,000 square feet currently vacant. Located at 180 Pinnacles Dr, Palm Coast, FL 32164, the property sits on a 90,695 square foot lot and boasts 111 parking spaces (a 5/1,000 ratio), providing ample convenience for patients and staff. The building features elevators and is zoned OFC-1. Multiple suites are available, ranging from a minimum of 1,500 square feet to a maximum contiguous space of 4,814 square feet. Suites are delivered in grey shell condition, with tenant improvement support available. The building enjoys a strategic location adjacent to AdventHealth Palm Coast Hospital and its new medical office building, ensuring high visibility and accessibility. Current co-tenants include Pinnacles Peds Care, Dentique Dental, and Chiropractic Injury Solutions, creating a thriving medical community. The area is further enhanced by the presence of other medical providers such as Davita, Cancer Specialists of North Florida, and Cora Physical Therapy. The building benefits from excellent road frontage on E Moody Blvd (35,500 AADT) and proximity to Interstate 4 (93,500 AADT) and Seminole Woods Blvd. The surrounding area is experiencing significant growth, with numerous multifamily and mixed-use projects underway. This presents a unique opportunity for medical professionals seeking a well-located, established space within a rapidly expanding market. Specific suite sizes include approximately 2,303 square feet (Suite 104) and options ranging from 1,605 to 4,814 square feet (Suite 202) and 1,500 to 3,392 square feet (Suite 203).

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2009
Construction STEEL FRAME
Total area 21,055 SF
Lot 2.09 ac (91,040 SF)
Zoning code OFC-1
APN 09-12-31-5117-00000-0010
UPID US18-4890387
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
  • Dr. Dusanka Angelov, DDS Dental Office
  • Pinnacles Pediatrics Health
  • Dr. Vincent G. Verdeflor, MD Pediatrician Medical Clinic
  • David Simms Dental Office
  • Elizabeta Cokovska Dental Office Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$480k
CAP Approach CAP
by Request
Comparable Approach Comparable
$783k
Blend (final) Blend
$630k
Owner & transaction history
Palm Coast Medical Arts LLC · 10 yrs held
Palm Coast Medical Arts LLC
since 2015
3 recorded transactions
2021
Price N/A
2015
$3.0M
2008
$2.0M
Zoning & alternative use
OFC-1 · Palm Coast, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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