0 Mccormick Drive, Palm Coast, FL 32164
$1,300,000
Property Type:
Land
Lot Size (sq. ft.):
110,207
Status:
Closed
Current Price:
$1,300,000
List Date:
12/12/2022
Last Modified:
9/26/2024
Description
Located in an Opportunity Zone, this corner parcel has 312 feet of frontage on State Road 100 in Palm Coast. It is less than 1/2 mile to I-95 and is situated in the heart of multiple developments. It is within close proximity to the Target Mall, Municipal Airport, the Hospital and Local Schools. COM 2 zoning in the City of Palm Coast allows for a variety of uses including Retail Sales, ALF, Auto Service, Bars, Day Care, Offices, Restaurants and Laundry/Dry Cleaning.
The Army Corps of Engineers has provided a wetlands mitigation permit for the 0.91 acres of impacted area at an estimated mitigation credit cost of $50,000.
More Information MLS# 1041660
General Property Information
Lot Size Acres: 2.53
Lot Size Dimensions: 2.62 Acres
Association YN: Yes
Association Fee 2: 0
Pool Private YN: No
Water Body Access YN: No
Directions: West of I-95 on the North Side of State Road 100. Northwest Corner of SR 100 and McCormick
Public Remarks: Located in an Opportunity Zone, this corner parcel has 312 feet of frontage on State Road 100 in Palm Coast. It is less than 1/2 mile to I-95 and is situated in the heart of multiple developments. It is within close proximity to the Target Mall, Municipal Airport, the Hospital and Local Schools. COM 2 zoning in the City of Palm Coast allows for a variety of uses including Retail Sales, ALF, Auto Service, Bars, Day Care, Offices, Restaurants and Laundry/Dry Cleaning.
The Army Corps of Engineers has provided a wetlands mitigation permit for the 0.91 acres of impacted area at an estimated mitigation credit cost of $50,000.
List Price/Acre: 652173.91
Sold Price/Acre: 513833.99
Location, Tax, and Legal
Country: US
Parcel Number: 08-12-31-0650-000B0-0110
Tax Annual Amount: 5816
Tax Year: 2017
Tax Legal Description: 2.53 ACRES EAST PART OF TRACT 11 BLOCK B, OR 265 PG 24 OR 358 PG 790 OR 366 PG 864 OR 371 PG 64 PARCEL 320.45' ALONG HWY 100, 650.20' DEEP ON EAST, 649.69' DEEP ON WEST, 298.02' SEE TAX ROLL FOR ADDITIONAL LEGAL
Current Use
Commercial: 1
Unimproved: 1
Historical Information
Public Historical Remarks 1: Zoning (Text): Com 2; Lot SqFt: 110207.00; Franchise Opt In: No
Contract Information
Current Price: $1,300,000
Property Sub Type: Unimproved Land
Status: Closed
Sold Price: $1,300,000
Listing Contract Date: 2018-04-14
Location Tax and Legal
Street Name: Mccormick
Street Suffix: Drive
County: Flagler
State: FL
Postal Code: 32164
MLS Area Major: 60 - Palm Coast
Subdivision Name: Other
Status Change Information
Major Change Timestamp: 2023-09-05T14:39:53Z
Major Change Type: Status Change
Price Change Timestamp: 2021-11-29T16:00:52Z
Purchase Contract Date: 2023-01-12
Close Date: 2023-09-05
Close Price: 1300000
Property Features
Current Use: Commercial; Unimproved
Listing Office:
SVN Alliance Commercial Real Estate Advisors
Last Updated: September - 26 - 2024
Information deemed reliable but not guaranteed.