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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5625 State Hwy 100 Palm Coast, FL 32164-2426

    • Office buildings
    • 2,400 SF
    • 4.00 lot acres
    OFF-MARKET
    Last Sale
    Jul 14, 2022
    $1,185,000
    Value Estimations
    $1,110,000
    Show details
    Cap Rate Potential
    2.9%
    Office buildings
    Location Intelligence
    Property ID
    US18-2992911
    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

    • Office buildings

    Property Details for 5625 State Hwy 100

    Year built
    1980
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    4.00 lot acres
    Property size
    2,400 SF
    Zone code
    C-2
    Property type
    Office buildings
    APN
    08-12-31-0650-000C0-0040
    APU
    0812310650000C00040

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,030,000
      ML approach
      $990,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,159,000
      Market price range: $309k - $1.16M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $820,000
      Current use
      COMMERCIAL (GENERAL)
      $1,265,000
      Change: +54% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Palm Coast
    County
    Flagler
    State
    Florida
    Longitude
    -81.2045
    Latitude
    29.4746
    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
    $9,226
    $616,450
    $0.00
    $616,450
    -
    $616,450
    $0.00
    $616,450

    Comparable in this City

    • Value Estimation by Request
      940 SF

      50 Cypress Pt Pkwy Ste A2

      PROFESSIONAL BUILDING • 940 SF
      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 • 16,601 SF
      21 Hospital Dr, Palm Coast, FL 32164-2452
      View Details
    • Value Estimation
      $2,705,000
      12,921 SF

      80 Pinnacles Dr

      PROFESSIONAL BUILDING • 12,921 SF
      80 Pinnacles Dr, Palm Coast, FL 32164-2323
      View Details
    • Value Estimation
      $1,775,000
      9,538 SF

      15 Cypress Br Way

      OFFICE BUILDING • 9,538 SF
      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 • 890 SF
      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 • 1,376 SF
      60 Memorial Medical Pkwy, Palm Coast, FL 32164-5980
      View Details

    Similar Nearby for Sale

    • $800,000

      New Commercial Building For Sale

      Under construction commercial building in Palm Coast Town Center Exchange.
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    • Contact for pricing
      2,500 SF

      Palm Coast Office Spaces

      Modern medical & office suites, prime location.
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    • $800,000

      New Commercial Building For Sale

      Under construction commercial building in a prime location.
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    • Contact for pricing
      29,430 SF

      Medical/Office Space Near Palm Coast Hospital

      Mixed-use development site near Advent Health's Palm Coast Hospital.
      Town Center Blvd, Palm Coast, FL 32164
      View Details
    • $379,000
      1,170 SF

      Versatile Commercial Unit in Palm Coast

      Prime commercial space in a high-traffic Palm Coast location.
      160 Cypress Point Pkwy, Palm Coast, FL 32164
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    • $800,000

      New Commercial Building For Sale

      Under construction commercial building in Palm Coast Town Center Exchange.
      60 Exchange Loop Loop, Palm Coast, FL 32164
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    Similar Nearby for Lease

    • $1,900 /Mo
      1,170 SF

      Commercial Space in High-Traffic Plaza

      Versatile commercial unit with high visibility and accessibility.
      160 Cypress Point Pkwy, Palm Coast, FL 32164
      View Details
    • $611,390

      Updated Office Space in Palm Coast

      Updated office space in Palm Coast's Class A industrial park.
      2 Commerce Blvd, Palm Coast, FL 32164
      View Details
    • $11 SF/Yr
      143,151 SF

      11 Commerce Blvd

      Flex space • 143,151 SF
      11 Commerce Blvd, Palm Coast, FL 32164
      View Details
    • $7,662 /Mo
      69,026 SF

      Medical Office Space Sublease

      Sublease medical office space next to Advent Hospital Flagler.
      21 Hospital Dr, Palm Coast, FL 32164
      View Details
    • Contact for pricing
      5,225 SF

      Retail and Commercial Space Available

      Retail, restaurant, and office spaces for lease in Palm Coast.
      469 Bulldog Dr, Palm Coast, FL 32164
      View Details
    • $218,250

      Retail Space for Lease

      Retail space available for lease in Palm Coast, Florida.
      180 Pinnacles Dr, Palm Coast, FL 32164
      View Details
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    5625 State Hwy 100
    Palm Coast, FL 32164-2426
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    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
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