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Property profile & analytics
FOR LEASE
Office Spaces
2323 N State St Bunnell, FL 32110
Individually Owned
Free & Clear
Property ID
US18-3695769
For Lease
1 / 13
$1,850/Mo
2323 N State St, Bunnell, FL 32110
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Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
2008
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,563 SF
Lot
0.04 ac (1,546 SF)
Zoning code
L-1
APN
03-12-30-0162-000A0-0020
UPID
US18-3695769
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
-
Big Johns Appliances Home Appliance Store Hardware & Home Improvement
-
Executive Barbers Barber Shop
-
The Bike Men of Flagler County Volunteer Organization Charitable Organization
-
“Doing Me Hair Salon Hair Salon
-
Refuge Bible Fellowship Church
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
St Alexis Of Wilkes Barre Orthodox
St Alexis Of Wilkes Barre Orthodox
since 2026
7 recorded transactions
Zoning & alternative use
L-1 · Bunnell, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Bunnell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bunnell submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$2,218
Tax year 2023
Assessed value
$195,375
Assessed 2023
Previous assessed
$69,224
+182.2% YoY
Effective rate
1.14%
On assessed value
Assessed improvement
$195,375
Improvement market value
$195,375
Total market value
$195,375
Applied tax rate
15.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
For Lease
Year built
2008
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Units
1
Total area
1,563 SF
Lot
0.04 ac (1,546 SF)
Zoning code
L-1
APN
03-12-30-0162-000A0-0020
UPID
US18-3695769
Jurisdiction
FLAGLER
Zoning & alternative use
L-1 · Bunnell, FL
Zoning L-1 · permitted uses
L-1 · Bunnell, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bunnell. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2008
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Units
1
Lot
0.04 ac
Current owner
From public records · entity-resolved
St Alexis Of Wilkes Barre Orthodox
Individual
Free & Clear · 0 yrs held
Mailing address
2323 N STATE ST UNIT #58, BUNNELL, FL 32110-3401
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
28 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 30, 2026
$1,140,000
St Alexis Of Wilkes Barre Orthodox
Ffg Group LLC
Warranty Deed
—
Dec 10, 2025
—
Grace Tabernacle Ministries Intl In
Open Door Re Entry Mdse LLC
Warranty Deed
—
Jun 24, 2025
—
Mcveigh Property Holdings LLC
Cnj Property Holdings LLC
Warranty Deed
—
Aug 22, 2024
$400,250
Open Door Re Entry & Recovery Minis
M & M Development Of Flagler County
Warranty Deed
$552,900 · South State Bank NA
Jul 30, 2024
$189,900
R Brandon INC
Charles W Seyfert
Warranty Deed
—
Jan 3, 2024
$197,500
Atlantis Alley LLC
Global Associates Intl Group INC
Warranty Deed
—
Jan 3, 2024
—
Atlantis Alley LLC
—
Deed
related
$420,000 · Ameris Bank
Apr 14, 2023
$200,000
Botha Enterprise LLC
Oleg Sokolov
Warranty Deed
—
Apr 3, 2023
$728,000
Goodnews State 4 5 LLC
M & M Development Of Flagler County
Warranty Deed
$300,000 · Vystar Cu
Jun 24, 2022
$163,000
Atlantis Alley LLC
Glen Kehie
Warranty Deed
—
Jun 20, 2022
$326,250
Lotus Pool Service INC
M & M Development Of Flagler County
Warranty Deed
$293,600 · Pnc Bank NA
May 3, 2022
$765,000
Ffg Group LLC
Christ Lutheran Church Of Palm Coas
Warranty Deed
—
Mar 10, 2022
—
Commericial World INC
—
Deed
related
$100,000 · South State Bank NA
Jan 31, 2022
$155,000
Commercial World INC
Intp INC
Warranty Deed
—
Jan 18, 2022
—
Viking Hearitage Enterprises LLC
Joann Johnsen Zenewitz
Personal Rep. Deed
—
Dec 27, 2021
$90,000
Good News State 2930 LLC
Froehlich Associates INC
Warranty Deed
—
Nov 22, 2021
—
Viking Heritage Enterprises LLC
Joann Johnsen Zenewitz
Personal Rep. Deed
—
Jul 23, 2021
$130,000
Local Fare Farm Bag South LLC
Lattom INC
Warranty Deed
$110,500 · Vystar Cu
May 10, 2021
$145,500
Atlantis Alley LLC
Jason B Cote
Warranty Deed
—
Apr 14, 2021
$130,000
Sunshine St Heating & Air Condition
Lattom INC
Warranty Deed
$102,000 · Ameris Bank
Apr 23, 2020
—
Seyfert,c W JR & M H Trust
Atlantis 100 LLC
Quitclaim Deed
related
—
Apr 14, 2020
—
Oleg Sokolov
Olso Trading Co INC
Quitclaim Deed
related
—
Dec 30, 2019
—
Seyfert,c W JR & M H Trust
Mystic Clothing LLC
Quitclaim Deed
related
—
Nov 21, 2019
$100
Lawrence A Maccherone
Valerie J Maccherone
Grant Deed
related
—
Nov 21, 2019
$203,000
Vincent Maccherone
D & L Invs Prop LLC
Grant Deed
—
Nov 20, 2018
$110,000
Jason B Cote
Tavares,roy & Marie
Warranty Deed
—
Sep 11, 2018
—
Glen Kehle
—
Deed
related
—
Aug 2, 2016
—
Lattom INC
House Of Tiles INC
Warranty Deed
related
$302,214 · Wachovia Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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