Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    460 Palm Coast SW Pkwy Palm Coast, FL 32137-4785

    • Medical offices
    • 12,203 SF
    • 1.59 lot acres
    OFF-MARKET
    Last Sale
    Jun 01, 2021
    $2,000,000
    Value Estimations
    $1,990,000
    Show details
    Cap Rate Potential
    9.9%
    Medical offices
    Location Intelligence
    Property ID
    US18-8554101
    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

    • Walter Williams Property Management / Property Management Company
    • RE/MAX Select Professionals / Property Management Company / Real Estate Agency
    • Aza Health / Medical Clinic
    • Motto Mortgage Selections / Loan Service / Bank
    • Jayd Capela Motto Mortgage Selections / Loan Service / Bank

    Property Details for 460 Palm Coast SW Pkwy

    Year built
    2006
    Construction
    TYPE NOT SPECIFIED
    Lot size
    1.59 lot acres
    Property size
    12,203 SF
    Zone code
    COM-2
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    14-11-30-5538-00000-0050
    APU
    1411305538000000050

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,720,000
      ML approach
      $1,605,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,845,000
      6.5%
      $2,625,000
      7%
      $2,440,000

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $3,070,000
      OFFICE BUILDING
      $2,580,000
      INDUSTRIAL (GENERAL)
      $2,350,000
      RESTAURANT
      $1,720,000
      RETAIL STORES
      $1,525,000
      AUTO REPAIR, GARAGE
      $1,360,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Palm Coast
    County
    Flagler
    State
    Florida
    Longitude
    -81.2437
    Latitude
    29.5508
    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
    $23,067
    $0.00
    $1,330,000
    $1,330,000
    -
    $0.00
    $1,330,000
    $1,330,000

    Comparable in this City

    • Value Estimation by Request
      5,040 SF

      1270 Palm Coast NW Pkwy

      MEDICAL BUILDING • 5,040 SF
      1270 Palm Coast NW Pkwy, Palm Coast, FL 32137-4738
      View Details
    • Value Estimation by Request
      3,800 SF

      4873 Belle Terre Pkwy

      MEDICAL BUILDING • 3,800 SF
      4873 Belle Terre Pkwy, Palm Coast, FL 32137-8696
      View Details
    • Value Estimation
      $1,590,000
      3,858 SF

      100 Flagler Plz Dr

      MEDICAL BUILDING • 3,858 SF
      100 Flagler Plz Dr, Palm Coast, FL 32137-5966
      View Details
    • Value Estimation
      $1,980,000
      1,612 SF

      28 Old Kings N Rd

      MEDICAL BUILDING • 1,612 SF
      28 Old Kings N Rd, Palm Coast, FL 32137-8291
      View Details
    • Value Estimation
      $640,000
      11,903 SF

      315 Palm Coast NE Pkwy

      MEDICAL BUILDING • 11,903 SF
      315 Palm Coast NE Pkwy, Palm Coast, FL 32137-3888
      View Details
    • Value Estimation by Request
      11,859 SF

      33 Old Kings N Rd

      MEDICAL BUILDING • 11,859 SF
      33 Old Kings N Rd, Palm Coast, FL 32137-8238
      View Details

    Similar Nearby for Sale

    • $1,350,000
      5,773 SF

      Palm Coast Office Building For Sale

      Two-story office building in Palm Coast's thriving business district.
      7 Florida Park Dr N, Palm Coast, FL 32137
      View Details
    • $1,350,000
      5,773 SF

      Palm Coast Office Building Investment

      Two-story office building in Palm Coast's thriving business district.
      7 Florida Park Dr N, Palm Coast, FL 32137
      View Details
    • $374,000
      Pending

      Palm Coast Office Property For Sale

      Exceptional office property in high-traffic Palm Coast shopping center.
      1030 Palm Coast Pkwy NW, Palm Coast, FL 32137
      View Details
    • $1,350,000
      5,773 SF

      Palm Coast Office Building For Sale

      Two-story office building in Palm Coast's thriving business district.
      7 Florida Park Dr N, Palm Coast, FL 32137
      View Details
    • $185,000
      1,000 SF

      Palm Coast Commercial Units For Sale

      Two commercial units in Palm Coast, Florida, totaling 2,000 sqft.
      15 Hargrove Ln, Palm Coast, FL 32137
      View Details
    • $315,000
      1,031 SF

      Professional Office Building For Sale

      Professional office property with high visibility and convenient access.
      4875 Palm Coast Pkwy NW, Palm Coast, FL 32137
      View Details

    Similar Nearby for Lease

    • New
      $14 SF/Yr
      4,212 SF

      Remodeled Office/Medical Building For Rent

      Remodeled office/medical building in prime location near Island Walk.
      28 Office Park Dr, Palm Coast, FL 32137
      View Details
    • $67,000

      Island Walk Office Space

      Office space in premier shopping area with easy highway access.
      4 Old Kings Rd N 2A, Palm Coast, FL 32137
      View Details
    • $30,480

      Office/Retail Space For Rent

      Office and retail space available for lease.
      2 Armand Bch Dr. Dr, Palm Coast, FL 32137
      View Details
    • $2,300,000
      14,788 SF

      Palm Coast Office Park Quad

      14,788 SF office quad with recent renovations.
      4 Office Park Dr, Palm Coast, FL 32137
      View Details
    • $1,000 /Mo
      810 SF

      Palm Coast Office Space Available

      Commercial unit near Island Walk Shopping Center with two offices.
      21 Old Kings Rd N, Palm Coast, FL 32137
      View Details
    • $25 SF/Yr
      6,724 SF

      Palm Coast Office/Retail Space

      Office and retail space available for lease in Palm Coast.
      515 Palm Coast Pkwy SW, Palm Coast, FL 32137
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    460 Palm Coast SW Pkwy
    Palm Coast, FL 32137-4785
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.