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

    6550 Us Hwy 1st 1 Bunnell, FL 32110-6804

    • Auto shops
    • 1,560 SF
    • 3.04 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-3145551
    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

    • Auto shops

    Property Details for 6550 Us Hwy 1st 1

    Year built
    1994
    Construction
    CONCRETE BLOCKS
    Lot size
    3.04 lot acres
    Property size
    1,560 SF
    Zone code
    C-2
    Property type
    Auto shops
    APN
    08-13-31-2700-00090-0100
    APU
    813312700000900100

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Bunnell
    County
    Flagler
    State
    Florida
    Longitude
    -81.191
    Latitude
    29.394
    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
    $3,185
    $109,013
    $115,101
    $224,114
    -
    $109,013
    $115,101
    $224,114

    Comparable in this City

    • Value Estimation by Request
      4,284 SF

      3351 Us Hwy 1st 1

      AUTO REPAIR, GARAGE • 4,284 SF
      3351 Us Hwy 1st 1, Bunnell, FL 32110-7413
      View Details
    • Value Estimation by Request
      2,250 SF

      10 Enterprise Dr

      AUTO REPAIR, GARAGE • 2,250 SF
      10 Enterprise Dr, Bunnell, FL 32110-4301
      View Details
    • Value Estimation by Request
      1,258 SF

      1803 Old Moody Blvd

      AUTO REPAIR, GARAGE • 1,258 SF
      1803 Old Moody Blvd, Bunnell, FL 32110-5933
      View Details
    • Value Estimation by Request
      4,000 SF

      1025 State St

      AUTO REPAIR, GARAGE • 4,000 SF
      1025 State St, Bunnell, FL 32110-6006
      View Details
    • Value Estimation by Request
      3,060 SF

      1100 State St

      AUTO REPAIR, GARAGE • 3,060 SF
      1100 State St, Bunnell, FL 32110-6002
      View Details
    • Value Estimation by Request
      8,640 SF

      2601 Moody Blvd

      AUTO REPAIR, GARAGE • 8,640 SF
      2601 Moody Blvd, Bunnell, FL 32110-5962
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      33,162 SF

      Town & Country Self Storage

      Self-storage, boat, RV parking, and flex units in Palm Coast.
      1 Enterprise Dr, Bunnell, FL 32110
      View Details
    • $1,999,999
      12 SF

      Bunnell, FL Retail Investment Opportunity

      12,570 SF retail property in Bunnell, Florida for sale.
      800 N State St, Bunnell, FL 32110
      View Details
    • $1,950,000

      Prime Commercial Property in Bunnell

      4.07-acre commercial property with income and development potential.
      2270 N State St, Bunnell, FL 32110
      View Details
    • $2,600,000
      15,888 SF

      Bunnell Mixed-Use Investment

      High-Occupancy Retail & Office Complex
      4750 Moody Blvd, Bunnell, FL 32110
      View Details
    • $1,600,000
      20,878 SF

      BUNNELL Mixed-Use Investment Opportunity

      Nine-unit commercial complex with storage in a high-growth area.
      703 S State St, Bunnell, FL 32110
      View Details
    • $1,600,000
      10,689 SF

      Bunnell Commercial Mixed-Use Complex

      Nine-unit commercial complex with storage in Bunnell, Florida.
      703 S State St, Bunnell, FL 32110
      View Details

    Similar Nearby for Lease

    • $1,400 /Mo
      954 SF

      Retail Space on US-1

      Commercial space on US-1, minutes from the beach. Available now!
      502 N State St, Bunnell, FL 32110
      View Details
    • Contact for pricing
      2,000 SF

      New Construction Restaurant/Office Space

      New construction restaurant/office space available June 2025.
      2350 Commerce Pkwy, Bunnell, FL 32110
      View Details
    • $3,500 /Mo
      20,571 SF

      BUNNELL Mixed-Use Commercial Building

      3200 sqft commercial building suitable for retail or office.
      111 S Railroad St, Bunnell, FL 32110
      View Details
    • $19 SF/Yr
      4,000 SF

      Bunnell Warehouse Space Available

      4,000 sq ft warehouse space for lease.
      2323 N State St, Bunnell, FL 32110
      View Details
    • $6,250 /Mo
      450 SF

      BUNNELL Warehouse with 26ft Ceilings

      Warehouse space with office, bathrooms, and convenient US1 access.
      3405 Steel Rail Dr, Bunnell, FL 32110
      View Details
    • $170 SF/Yr
      200 SF

      Storage Unit For Rent

      10x20 storage unit with drive-up access in Bunnell, FL.
      500 E Court St, Bunnell, FL 32110
      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.
    6550 Us Hwy 1st 1
    Bunnell, FL 32110-6804
    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.