Technical
Financial
Distress signals
Property profile

72 Airport Commerce Ctr Way Palm Coast, FL 32164

OFF-MARKET
Other industrial land
Property ID
US18-6463274
6.83 ac lot
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

The property consists of two contiguous industrial land parcels totaling approximately 10.88 acres, located within the Industrial 1 zoning district. The zoning permits a broad range of industrial uses, including warehouse facilities with office space, manufacturing, trade schools, microbreweries, and company headquarters. The combined site provides space suited to large-scale development and supports distribution-oriented uses due to its proximity to major transportation routes, with access for employees and visitors. The two parcels are arranged as an adjacent single land package within the Industrial 1 zoning classification.

Property profile

Verified
Property type Other industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 6.83 ac (297,515 SF)
Zoning code IND-1
APN 17-12-31-0175-00000-0110
UPID US18-6463274

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

72 Airport Commerce Ctr Way Palm Coast, FL 32164
Palm Coast metro Census 60208 DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.20M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.20M

Owner & transaction history

since 2024
Last sale
$1.2M
5 recorded transactions
2024
$1.2M
2024
Price N/A
2020
Price N/A
2017
$900,000
2017
$900,000

Zoning & alternative use

IND-1 · Palm Coast, FL
Zoning description

The purpose of the IND-1 district is to provide areas for restricted industrial and warehouse uses of low to moderate intensities with minimal potential for off-site impacts. This district utilizes performance standards…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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