4873 Belle Terre Pkwy Palm Coast, FL 32164
Property profile & analytics
4873 Belle Terre Pkwy Palm Coast, FL 32164
- Medical Office Space
- 3,800 SF
- 0.85 lot acres
Property ID
US18-7988476
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.
Location Intelligence
Current Use by Public Records
- Savanna Peterson / Dental Office
- Aspen Dental - Palm Coast, FL / Dental Office
- Kevon Rennie / Dental Office
- Motto Clear Aligners / Dental Office
- LeNeal Powell / Dental Office
Property Details for 4873 Belle Terre Pkwy
- Year built
- 2016
- Construction
- WOOD
- Lot size
- 0.85 lot acres
- Property size
- 3,800 SF
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 13-11-30-4971-00000-0020
- APU
- 1311304971000000020
Description
This exceptional investment opportunity presents a 3,800 square foot, free-standing Aspen Dental building situated on a 0.85-acre lot in Palm Coast, Florida. The property boasts a highly desirable Absolute NNN ground lease with a corporate guarantee, eliminating all landlord responsibilities for operating and capital expenses. The initial 20-year lease, commencing July 16, 2016, and expiring July 30, 2036, has approximately 11.7 years remaining, providing significant long-term stability. Four 5-year renewal options are included, further securing the investment's future. Located at 4873 Belle Terre Pkwy, Palm Coast, FL 32137, this Class A property benefits from a prime location at the northwest quadrant of Belle Terre Pkwy and Palm Coast Pkwy SW, with access to two signalized intersections. The area features strong demographics, with an estimated population exceeding 88,000 and an average income over $112,000 within a five-mile radius. Nearby retailers include Publix, ALDI, McDonald's, AutoZone, Verizon, Kohl's, PNC Bank, Circle K, Space Coast Credit Union, and Walgreens, indicating a thriving commercial environment. The property's strong tenant, excellent location, and long-term lease structure make it an attractive investment with a 5.00% cap rate and a Net Operating Income (NOI) of $129,999. The asking price is $2,599,999. Built in 2016, this single-story building offers 100% occupancy since its opening date of July 16, 2016. Rent bumps are included in the lease agreement.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Palm Coast
- County
- Flagler
- State
- Florida
- Longitude
- -81.2374
- Latitude
- 29.5512
- 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
$15,760
$441,888
$408,736
$850,624
-
$441,888
$408,736
$850,624
