7 Kings Way Palm Coast, FL 32137-8228
Property profile & analytics
7 Kings Way Palm Coast, FL 32137-8228
- Turn key restaurants
- 5,820 SF
- 1.05 lot acres
Property ID
US18-3615919
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
- The Burger Den / Restaurant / Take-out & Catering
- Denny's / Restaurant
Property Details for 7 Kings Way
- Year built
- 1988
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.05 lot acres
- Property size
- 5,820 SF
- Zone code
- COM-2
- Property type
- Turn key restaurants
- APN
- 18-11-31-4961-00000-0020
- APU
- 1811314961000000020
Description
This ±1.05-acre property, located at 7 Kings Way, Palm Coast, FL 32137, presents a compelling repositioning opportunity. The existing 5,800 square foot Denny's building, built in 1988 and renovated in 2015 ($400,000 investment), sits on a highly visible site in Palm Coast's premier retail corridor. The current NNN lease expires January 2025, offering significant flexibility for redevelopment or reletting. The property boasts 61 parking spaces (10.5 per 1,000 sq ft) and benefits from its proximity to I-95 and Palm Coast Parkway, experiencing approximately 44,000 vehicles per day. The location is strategically outparceled to a major shopping center anchored by national brands, ensuring high foot traffic. Palm Coast's rapid growth (fifth fastest-growing city in Florida, 18th fastest in the US) and a population exceeding 93,200 within a 5-mile radius, projected to increase by over 22% in five years, makes this a strong investment. The asking price is $1,711,000 ($295/sq ft land value). This presents a chance to capitalize on a thriving market and a prime location with significant upside potential. The property features a single-story building with a 100% occupancy rate.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,440,000
- ML approach
- $1,575,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,112,000
Market price range: $882k - $2.49M -
Alternative Use
- Use
- Estimation
- RESTAURANT
- $1,965,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Palm Coast
- County
- Flagler
- State
- Florida
- Longitude
- -81.2144
- Latitude
- 29.5551
- 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
$15,145
$545,692
$360,842
$906,534
-
$545,692
$360,842
$906,534
