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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    250 Palm Coast Pkwy NE Palm Coast, FL 32137

    • Retail space
    • 6,435 SF
    • 2.36 lot acres
    For Lease
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-8201507
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Big Frog Custom T-Shirts & More / Custom T-Shirt Store / Embroidery Service
    • T-Mobile Authorized Retailer / Mobile Phone Store / Electronics & Wireless Store
    • Microphone Madness / Industrial Manufacturer / Production Facility
    • Coast Dental Palm Coast / Dental Office
    • Vernon Gordon, DDS / Dental Office

    Property Details for 250 Palm Coast Pkwy NE

    Year built
    1995
    Construction
    STEEL FRAME
    Lot size
    2.36 lot acres
    Property size
    6,435 SF
    Zone code
    MPD
    Property type
    Retail space
    APN
    41-11-31-4976-00000-004A
    APU
    411131497600000004A

    Description

    This exceptional 200,000 square foot retail shopping center, located at 250 Palm Coast Pkwy NE in Palm Coast, Florida (zip code 32137), presents a prime investment opportunity. Currently offering 13,879 square feet of vacant space, this multi-tenant property boasts a desirable location within Flagler County. One immediately available space totals 1,050 square feet, perfect for a variety of retail uses. The center provides ample parking, with a ratio of four spaces per 1,000 square feet of building area, ensuring convenient access for customers. The property's strategic location within a thriving commercial area guarantees high visibility and foot traffic. This is an excellent chance to establish or expand your business in a bustling Palm Coast community. The property is classified as a retail shopping center and is situated in a high-growth area, promising strong returns on investment. The available space offers significant potential for a variety of retail businesses seeking a prominent location in a well-established shopping center. Detailed lease terms are available upon request. Don't miss this opportunity to secure a space in this thriving retail environment.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,075,000
      Market price range: $529k - $1.67M
      AI Estimate
      $772,000
      Market price range: $307k - $1.21M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $1,120,000
      Current use
      WAREHOUSE, STORAGE
      $1,200,000
      Change: +7% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Palm Coast
    County
    Flagler
    State
    Florida
    Longitude
    -81.2076
    Latitude
    29.5575
    CBSA code
    19660
    CBSA name
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $12,284
    $0.00
    $663,000
    $663,000
    -
    $0.00
    $663,000
    $663,000

    Comparable in this City

    • Value Estimation
      $2,795,000
      52,007 SF

      9 Old Kings N Rd

      RETAIL STORES (PERSONAL SERVICES) • 52,007 SF
      9 Old Kings N Rd, Palm Coast, FL 32137-4603
      View Details
    • Value Estimation
      $1,400,000
      6,939 SF

      1010 Palm Coast NW Pkwy

      RETAIL STORES (PERSONAL SERVICES) • 6,939 SF
      1010 Palm Coast NW Pkwy, Palm Coast, FL 32137-4722
      View Details
    • Value Estimation by Request
      1,607 SF

      9 Harbor Center Dr

      Lifestyle centers • 1,607 SF
      9 Harbor Center Dr, Palm Coast, FL 32137
      View Details
    • Value Estimation by Request
      1,584 SF

      25 Palm Hbr Vlg Way Ste, Unit 1

      RETAIL STORES (PERSONAL SERVICES) • 1,584 SF
      25 Palm Hbr Vlg Way Ste, Palm Coast, FL 32137-8263
      View Details
    • Value Estimation
      $1,410,000
      7,450 SF

      1040 Palm Coast NW Pkwy

      RETAIL STORES (PERSONAL SERVICES) • 7,450 SF
      1040 Palm Coast NW Pkwy, Palm Coast, FL 32137-4722
      View Details
    • Value Estimation by Request
      1,870 SF

      9 Hbr Ctr Dr Ste, Unit 11

      RETAIL STORES (PERSONAL SERVICES) • 1,870 SF
      9 Hbr Ctr Dr Ste, Palm Coast, FL 32137-8269
      View Details

    Similar Nearby for Sale

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      European Village Mixed-Use Opportunity

      Own a commercial space in a vibrant mixed-use community.
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      Free-Standing Retail Property in Florida

      Free-standing retail property available for sale in Palm Coast, Florida.
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      Parking Space in European Village

      Private parking space in gated garage beneath European Village.
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    • $2,500,000
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      Prime Palm Coast Commercial Land

      2.43 Acres, High-Visibility Location
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    Similar Nearby for Lease

    • $14,400 /Mo

      Retail Space For Rent

      Retail space available for lease in Palm Coast, Florida.
      1 Armand Beach Dr, Palm Coast, FL 32137
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    • $30,480

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      Office and retail space available for lease.
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      View Details
    • New
      $950 /Mo
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      Commercial Space in Palm Coast

      Versatile 870 sq ft commercial unit available for lease.
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    • $25 SF/Yr
      6,724 SF

      Palm Coast Office/Retail Space

      Office and retail space available for lease in Palm Coast.
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    • Contact for pricing
      4,348 SF

      Palm Coast Retail Space For Sale

      Prime Bank Location, 4,348 SF
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    • Contact for pricing

      Former Bank Branch For Sublease

      Former bank branch with drive-thru and ample parking.
      Palm Coast, FL 32137
      View Details
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    Palm Coast, FL 32137
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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