5 Utility Dr, Palm Coast, FL 32137-4628
This exceptional turnkey restaurant opportunity in Palm Coast, Florida, is priced at $469,000. Located at 5 Utility Drive, within the Woodland Commons Strip Mall on a 6.55-acre parcel, this established Neapolitan-style pizza restaurant boasts approximately 2,900 square feet of space and seating for 90 patrons. The sale includes nearly $250,000 worth of furniture, fixtures, and equipment (FFE), supplies, and improvements. A key feature is a stunning, approximately $25,000 ceramic, igloo-shaped, wood-fired pizza oven, a major attraction for customers. The restaurant enjoys a prime location with excellent visibility, close proximity to I-95, Palm Coast Parkway, and major retailers, ensuring a large pool of potential customers. The property benefits from ample parking. This fully licensed establishment, including a full liquor bar, presents a rare opportunity for immediate operation and profitability. The restaurant is easily accessible via I-95, taking Exit 289, then east on Palm Coast Parkway to Old Kings Road, turning south (right) approximately one mile to the strip mall on the east side of Old Kings Road. This is a truly remarkable opportunity for a discerning buyer seeking a thriving, established business in a high-demand location.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
COM-2 · Palm Coast, FLPalm Coast. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.