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Financial
Distress signals
Property profile

703 S State St Bunnell, FL 32110

FOR SALE
Grocery and convenience stores
Property ID
US18-3571152
3,507 SF 0.7 ac lot Built 1988
Last sale Jul 2006 · $1,050,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 20-yr Hold Held for 20 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This commercial property is located on US-1 in Bunnell, Florida, on a 2.9-acre parcel zoned I-B. The site contains nine separately metered commercial units and seven storage units. The building configuration supports distinct leasing spaces and can allow for future redevelopment, expansion, or repositioning within the commercially zoned parcel. The property has direct frontage on a major arterial roadway and is positioned for continued regional access along the US-1 corridor.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$11k
Tax billed · 2023
Assessed value$516k
Assessed land$184k
Assessed improvement$332k
Effective rate2.17%

Value estimate

· Oct 2026
$300k
$270k – $330k
AI approach$300k
NOI build-up
Gross scheduled income$161k
Vacancy & credit loss−$13k
Operating expenses−$52k
NOI · 6.04% cap applied$97k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
6.04%
$97k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B-1
The purpose of this business commercial district is to guide and regulate commercial uses including personal and business services and ge...
General categoryMIXED_USE
JurisdictionFLAGLER

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.6
Locksmith8.7
Pawn Shop8.5

Location

703 S State St Bunnell, FL 32110
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1044 County Rd 305, Bunnell, FL 32110-3816 $680,000 Dec 2025 1,620 SF
25 Opossum, Bunnell, FL 32110 $227,000 Mar 2024 2,500 SF
6700 Us Hwy 1st, Bunnell, FL 32110-6816 $925,000 Jul 2023 5,078 SF
400 State, Bunnell, FL 32110-6106 $125,000 Oct 2021 2,086 SF
1501 Old Moody, Bunnell, FL 32110-5929 $150,000 Sep 2021 3,048 SF
401 State, Bunnell, FL 32110-8094 $450,000 Jun 2021 4,704 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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