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Property profile & analytics
OFF-MARKET Estimated value $900,000
Industrial properties

800 State St Bunnell, FL 32110-6036

12,570 SF 1.77 ac lot Built 1959
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US19-0810740
Property summary
AI-generated overview

This exceptional 12,570 square foot commercial property, located at 800 N State Street in Bunnell, Florida, presents a compelling investment opportunity. Originally constructed in 1959 and extensively renovated in 2000, the building sits on a sizable 1.77-acre lot and is currently enjoying a strong 67.6% occupancy rate. Its strategic location in the heart of Bunnell ensures high visibility and accessibility to a substantial customer base. The property's B-1 zoning allows for a variety of retail and restaurant uses, making it ideal for a diverse range of businesses. The substantial square footage offers ample space for multiple tenants or a single large-scale operation. This property is a turnkey solution for an investor seeking a well-maintained, high-performing asset in a thriving Florida market. The significant existing occupancy provides immediate cash flow, while the remaining space presents opportunities for expansion and increased revenue. The combination of a desirable location, flexible zoning, and strong occupancy makes this a truly exceptional investment opportunity. Serious inquiries are encouraged to explore the potential of this remarkable property. The asking price is $1,999,999.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1959
Construction CONCRETE BLOCKS
Total area 12,570 SF
Lot 1.77 ac (76,927 SF)
Zoning code B-1
APN 10-12-30-0850-01410-0050
UPID US19-0810740
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • ICE HOUSE BUILDING Business Park
  • Sam's Auto Repair And Diagnostics Center Auto Repair Shop
  • Sams Auto Diagnositcs Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$900k
CAP Approach CAP
$1.17M
Comparable Approach Comparable
$1.03M
Blend (final) Blend
$900k
Owner & transaction history
Sj Enterprise Of Flagler LLC · 2 yrs held
Sj Enterprise Of Flagler LLC
since 2024
Last sale
$900,000
5 recorded transactions
2024
$900,000
2007
Price N/A
2007
$100,000
2007
Price N/A
2007
$1.0M
Zoning & alternative use
B-1 · Bunnell, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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