Property profile

24 Old Kings Rd Palm Coast, FL 32137

OFF-MARKET
Medical Office Space
Property ID
US18-8210346
6,572 SF 0.75 ac lot Built 2002
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 6,600 square foot commercial property, located at 24 Old Kings Rd N in Palm Coast, Florida (zip code 32137), presents a unique investment opportunity. Situated in a high-traffic area near the intersection of Palm Coast Parkway and Old Kings Rd, with convenient access to I-95, this building boasts excellent visibility and ample parking. Currently zoned C-2, the property offers versatile usage potential. The interior comprises multiple offices, training rooms, and a sizable conference room, all climate-controlled. Six restrooms, a kitchen, and two reception areas add to the functionality. The layout allows for easy subdivision to accommodate various tenants or business needs. The property is ideally suited for medical offices, retail businesses, restaurants, banquet facilities, or its current use as a school. A lease-to-own option may be available. This is a rare opportunity to acquire a well-maintained, multi-use building in a thriving commercial corridor of Palm Coast. The property's central location and flexible zoning make it an attractive investment for a variety of commercial ventures. Contact us today to learn more about this exceptional property and its potential.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2002
Construction CONCRETE BLOCKS
Total area 6,572 SF
Lot 0.75 ac (32,670 SF)
Zoning code COM-2
APN 07-11-31-7001-000B0-0020
UPID US18-8210346

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
  • Adult Day Care
  • Law Firm

Location

24 Old Kings Rd Palm Coast, FL 32137-8226
Palm Coast metro Census 60301 DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.42M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.54M

Owner & transaction history

since 2025
Last sale
$1.6M
7 recorded transactions
2025
Price N/A
2025
$1.6M
2019
Price N/A
2019
$1.1M
2019
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

COM-2 · Palm Coast, FL
Zoning description

The purpose of the COM-2 district is to provide areas for general commercial and office uses to meet the community-wide demand for retail, services, business, and employment opportunities.

General category COMMERCIAL
Top alternative use upside
Commercial (general) $1.7M +322.5%
Office building $1.4M +254.6%
Industrial (general) $1.3M +223.1%

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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