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Property profile & analytics
OFF-MARKET Estimated value $285,000
Strip malls

2550 State St Bunnell, FL 32110-3417

7,000 SF 2 ac lot Built 2001
Entity Owned 14-yr Hold ~ Est. High Equity
Property ID
US18-1452358
Property summary
AI-generated overview

This exceptional turnkey physical therapy practice is available for purchase at $145,000. Located at 2550 N State Street Unit 4, Bunnell, FL, this 1000-square-foot facility boasts a prime location on US1, offering easy access to Palm Coast Parkway and SR 100. The property features a welcoming reception area, comfortable waiting area, private office, restroom, and three well-equipped treatment rooms. The HVAC system was recently replaced in 2019, ensuring efficient and comfortable operation. This established business comes complete with all necessary equipment and furnishings, providing a seamless transition for the new owner. A significant advantage is the existing, loyal client base, comprised of both insured and private-pay patients. The current staff is willing to remain post-sale, ensuring operational continuity. Furthermore, the seller will provide two weeks of support following the sale, facilitating a smooth handover. The landlord is open to negotiating a long-term lease with a qualified buyer, providing stability and security for the future. Building and monument signage opportunities are also available, enhancing visibility and attracting new clients. This is a rare opportunity to acquire a profitable, established business with significant growth potential in a desirable location. The property's central location and existing infrastructure make it an ideal investment for a healthcare professional seeking an established practice or an investor looking for a strong return.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2001
Construction TYPE NOT SPECIFIED
Total area 7,000 SF
Lot 2 ac (87,120 SF)
Zoning code B-1
APN 03-12-30-0000-01010-0001
UPID US18-1452358
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
Current use
Occupant on record · Public records
  • Daytona Pressure of Flagler County Auto Repair Shop
  • Artesian Pools General Contractor
  • Palm Coast Water Damage Restoration Hardware & Home Improvement Construction Company
  • MiVina Inc Salon Hair Salon Nail Salon
  • Nails_By_Niesy Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$285k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k
Owner & transaction history
Flagler Business Center LLC · 14 yrs held
Flagler Business Center LLC
since 2012
7 recorded transactions
2012
$500,000
2010
Price N/A
2006
$1.5M
2003
Price N/A
2000
$75,000
1999
$95,000
1969
Price N/A
Zoning & alternative use
B-1 · Bunnell, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The purpose of this business commercial district is to guide and regulate commercial uses including personal and business services and general retail business. It is the intent of this district to allow a wide range of commercial uses, provide for a medium to high concentration of commercial activity, and ensure compatibility with the adjacent properties, an…

Zone name Business District
General category MIXED_USE
Zone area 454.39 ac
Source Realmo
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