Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    531 Cypress Edge Dr Palm Coast, FL 32164-8420
    Property profile & analytics

    531 Cypress Edge Dr, Palm Coast, FL 32164-8420

    View on Map
    • Office buildings
    • 2,917 SF
    • 5.19 lot acres
    Off-Market
    Last Sale Nov 1, 2022
    $4,000,000
    Property ID
    US18-3632981
    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.
    Value Estimations
    $3,930,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • CubeSmart Self Storage / Storage Facility
    • Apartment / Vacation Rental / Hotel & Motel

    Property Details for 531 Cypress Edge Dr

    Year built
    2001
    Construction
    CONCRETE BLOCKS
    Lot size
    5.19 lot acres
    Zone code
    COM-2
    Property type
    Office buildings
    APN
    07-11-31-1090-00000-00A0
    APU
    07113110900000000A0

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Nov 1, 2022 — Cubesmart LP Cubesmart Cypress LLC Intrafamily Transfer · related —
    Jan 29, 2014 $4,000,000 Cubesmart Cypress LLC Cypress Edge L C Special Warranty Deed —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $3,475,000
      ML approach
      $4,245,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Palm Coast
    County
    Flagler
    State
    Florida
    Longitude
    -81.2257
    Latitude
    29.5479
    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
    $86,412
    $0.00
    $6,100,000
    $6,100,000
    -
    $0.00
    $6,100,000
    $6,100,000

    Comparable in this City

    • Value Estimation by Request
      940 SF

      50 Cypress Pt Pkwy Ste A2

      PROFESSIONAL BUILDING
      50 Cypress Pt Pkwy Ste A2, Palm Coast, FL 32164-2501
      View Details
    • Value Estimation
      $3,805,000
      16,601 SF

      21 Hospital Dr

      PROFESSIONAL BUILDING
      21 Hospital Dr, Palm Coast, FL 32164-2452
      View Details
    • Value Estimation
      $2,705,000
      12,921 SF

      80 Pinnacles Dr

      PROFESSIONAL BUILDING
      80 Pinnacles Dr, Palm Coast, FL 32164-2323
      View Details
    • Value Estimation
      $1,775,000
      9,538 SF

      15 Cypress Br Way

      OFFICE BUILDING
      15 Cypress Br Way, Palm Coast, FL 32164-8413
      View Details
    • Value Estimation by Request
      890 SF

      50 Cypress Pt Pkwy Ste A4

      PROFESSIONAL BUILDING
      50 Cypress Pt Pkwy Ste A4, Palm Coast, FL 32164-2501
      View Details
    • Value Estimation by Request
      1,376 SF

      60 Memorial Medical Pkwy, Unit 2808

      PROFESSIONAL BUILDING
      60 Memorial Medical Pkwy, Palm Coast, FL 32164-5980
      View Details

    Similar Nearby for Sale

    • $1,120,000
      3,250 SF

      New Office Building in Palm Coast

      Under construction office building in a premier commercial development.
      30 Exchange Loop Loop, Palm Coast, FL 32164
      View Details
    • $1,080,000
      3,250 SF

      New Office Building in Palm Coast

      Under construction office building in a prime location.
      40 Exchange Loop Loop, Palm Coast, FL 32164
      View Details
    • $910,000
      2,750 SF

      New Office Building For Sale

      New commercial building in a rapidly growing Florida city.
      75 Exchange Loop Loop, Palm Coast, FL 32164
      View Details
    • $950,000
      Pending

      New Office Space in Palm Coast

      Under construction office building in a prime location.
      90 Exchange Loop Loop, Palm Coast, FL 32164
      View Details
    • $1,480,000
      4,200 SF

      New Office Building in Development

      Under construction office building in Palm Coast Town Center.
      105 Exchange Loop Loop, Palm Coast, FL 32164
      View Details
    • $369,000

      Prime Commercial Unit in Palm Coast

      Versatile commercial space in a thriving Palm Coast marketplace.
      160 Cypress Point Pkwy, Palm Coast, FL 32164
      View Details

    Similar Nearby for Lease

    • $75,000

      Professional Office Suite For Rent

      Move-in ready office suite with private offices and meeting room.
      20 Airport Rd D&E, Palm Coast, FL 32164
      View Details
    • Contact for pricing

      Palm Coast Industrial Park Space

      Office/call center spaces available in Palm Coast's Commerce Park.
      11 Commerce Blvd, Palm Coast, FL 32164
      View Details
    • Contact for pricing

      Palm Coast Commercial Space Available

      Office and retail spaces in central Palm Coast location.
      160 Cypress Point Pkwy, Palm Coast, FL 32164
      View Details
    • $28 SF/Yr
      10,649 SF

      Professional Office Suite For Rent

      Professional office suite available for rent in Palm Coast, FL.
      20 Airport Rd, Palm Coast, FL 32164
      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.
    531 Cypress Edge Dr
    Palm Coast, FL 32164-8420
    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

    Thank You for Inquiry
    531 Cypress Edge Dr, Palm Coast, FL, 32164
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!