Property profile

2323 State St 77 Bunnell, FL 32110

OFF-MARKET
Other office properties
Property ID
US18-4519226
1,600 SF 0.02 ac lot Built 2006
Entity Owned 18-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

Industrial condominium Unit 77 is configured with a glass storefront and a glass entry door, along with a 10-foot wide roll-up door providing access to approximately 800 square feet of warehouse space. The main level also includes about 200 square feet of office area, while a second-floor mezzanine adds roughly 400 square feet of office space supported by high ceilings. Interior features include an ADA restroom and full air conditioning. The unit is located centrally in Flagler County, just west of Palm Coast, with access to SR 100 and Palm Coast Pkwy via US-1. The space is suited to a range of uses such as office, retail, building trades, showroom, warehouse, distribution, and personal storage; condominium rules prohibit automotive services, while owners and tenants may service their own vehicles within the unit. The building is part of a condominium association that provides building insurance, common area maintenance, and parking lot lighting and landscaping, and the property is offered in a way that can support contiguous space with two adjacent units if additional area is desired.

Property profile

Verified
Property type Other office properties
Use group CONDOMINIUM OFFICES
Year built 2006
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,600 SF
Lot 0.02 ac (1,002 SF)
Zoning code L-1
APN 03-12-30-0160-000D0-0770
UPID US18-4519226

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Home Appliance Store Hardware & Home Improvement
  • Barber Shop
  • Volunteer Organization Charitable Organization
  • Hair Salon
  • Church

Location

2323 State St, Unit 77 Bunnell, FL 32110-4396
Bunnell metro Census 60206 DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2008
2 recorded transactions
2008
$444,000
1969
Price N/A

Zoning & alternative use

L-1 · Bunnell, FL
Zoning description

The purpose of this district is to provide areas in which the principal use of land is for light manufacturing, fabricating, and assembly plants, business, services, offices, retail, storage, warehousing, wholesaling and…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2323 State St, Unit 77?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message