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Property profile & analytics
OFF-MARKET
Industrial properties

2323 State St Bunnell, FL 32110-4394

5,275 SF 22.05 ac lot Built 2000
Individually Owned 1-yr Hold Absentee Owner
Property ID
US18-7118097
Property summary
AI-generated overview

This exceptional Bunnell, Florida industrial property, located at 2323 N State St, 32110, offers a variety of flexible spaces within the Atlantis Industrial Business Park – Buildings I & G. The property features a total of 16,000 square feet across eight suites, with a minimum divisible space of 2,000 square feet and a maximum contiguous space of 4,000 square feet. Five units are currently available, ranging from 1,000 to 4,000 square feet. Modern features include new construction with glass fronts and entry doors, two offices, restrooms, and convenient roll-up doors. Warehouse spaces boast 16-19 foot ceilings, mezzanine storage for added capacity, and humidity control for optimal storage conditions. A 14-foot drive-in roll-up door is conveniently located at the front of each unit. Corner units (2,000 sq ft) are priced at $3,400 per month, while interior units of the same size are $3,200 per month. Double units (4,000 sq ft) are available for $6,800 per month for end units and $6,400 per month for interior units. These double units are configured front-to-back. Tenants are responsible for sales tax, utilities, and interior maintenance. This property is ideally suited for warehouse, distribution, flex, manufacturing, or R&D operations and is situated in Flagler County.

Property profile
Verified
Property type Industrial properties
Use group CONDOMINIUMS (INDUSTRIAL)
Year built 2000
Total area 5,275 SF
Lot 22.05 ac (960,498 SF)
Zoning code L-1
APN 03-12-30-5015-00000-0010
UPID US18-7118097
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
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Open Door Re Entry & Recovery Minis · 1 yrs held
Open Door Re Entry & Recovery Minis
since 2024
4 recorded transactions
2024
$400,250
2022
$326,250
2005
$2.0M
2004
$950,000
Zoning & alternative use
L-1 · Bunnell, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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