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Property profile & analytics
FOR SALE
Industrial land

24 Hargrove Grade Palm Coast, FL 32137

7.67 ac lot
Entity Owned 4-yr Hold Absentee Owner Free & Clear
Property ID
US18-4595057
Property summary
AI-generated overview

This exceptional Class A industrial property in Palm Coast, Florida, offers 20,000 square feet of manufacturing space across two new buildings on a 7.67-acre lot. Building 1 comprises 20,000 square feet, divided into eight suites ranging from 1,875 to 3,750 square feet, with 3,750 square feet currently vacant. Building 2 offers an additional 16,000 square feet, split into two 8,000-square-foot units. Both buildings boast 20-foot ceilings, and Building 2 includes two loading docks. The property features 40 total parking spaces, is conveniently located with easy access to US Hwy 1, I-95, and Palm Coast Parkway, and benefits from a strong labor pool and significant residential and medical growth in the area. Construction is steel with a stone base, and the site will be fully landscaped. Tenants are responsible for their own water and electricity. The property is zoned IND-1 and has a Flagler County APN of 09-11-30-0000-01020-0021.24.4. This is a prime opportunity to establish a presence in the thriving Palm Coast market. The property is ready for occupancy in mid-2024.

Property profile
Verified
Property type 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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
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
Real Estate Development Of Florida · 4 yrs held
Real Estate Development Of Florida
since 2021
1 recorded transaction
2021
Price N/A
Zoning & alternative use
IND-1 · Palm Coast, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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