Technical
Financial
Distress signals
Property profile

24 Hargrove Grade Palm Coast, FL 32137

OFF-MARKET
Other industrial land
Property ID
US18-4595057
7.67 ac lot
Entity Owned 4-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

The property at 24 Hargrove Grade in Palm Coast, Florida consists of a newly constructed 20,000-square-foot industrial building completed in 2024. It is configured as eight separate units, and each unit includes a 14-foot-high roll-up door, an office area, a restroom, and dedicated warehouse space. The building has utilities and infrastructure in place to support tenant operations. The property is set up for multiple-unit leasing (with tenants typically responsible for common area maintenance, taxes, and property insurance as operating expenses), and there is a cross-parking easement with 26 Hargrove. The site is positioned for access to US Highway 1, Interstate 95, and Palm Coast Parkway, within Flagler County.

Property profile

Verified
Property type Other industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 7.67 ac (334,105 SF)
Zoning code IND-1
APN 09-11-30-0000-01020-0021
UPID US18-4595057

Cap rate & NOI

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

Location

24 Hargrove Grade Palm Coast, FL 32137-5101
Palm Coast metro Census 60206 DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

since 2021
1 recorded transaction
2021
Price N/A

Zoning & alternative use

IND-1 · Palm Coast, FL
Zoning description

The purpose of the IND-1 district is to provide areas for restricted industrial and warehouse uses of low to moderate intensities with minimal potential for off-site impacts. This district utilizes performance standards…

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
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