460 Palm Coast Parkway, Palm Coast, FL 32137
$2,000,000
Property Type:
Commercial Sale
Square Footage:
12,203
Lot Size (sq. ft.):
69,260
Status:
Closed
Current Price:
$2,000,000
List Date:
2/12/2021
Last Modified:
9/28/2024
Description
Investor Alert! Don't miss this opportunity in Palm Coast FL. Multi-tenant building with financially strong tenants on multi-year NNN leases. 90% leased. Cap rate 7.5%. Central location in the heart of Palm Coast retail and business district, directly across from new AdventHealth 100-bed hospital site and on major east-west thorough fare. Beautifully maintained, plenty of parking, large lot. This property is only 1.5 miles from the I-95 interchange and 1.3 miles from US-1. Financial information is available upon request.
More Information MLS# 1080549
General Property Information
Lot Size Acres: 1.59
Number Of Units Total: 5
Association YN: No
Water Body Access YN: No
Waterfront YN: No
Directions: From I-95/Palm Coast Pkwy, West past Belle Terre, left on Bridgehaven Dr. Left on Palm Coast Pkwy, 2nd blg on right.
Public Remarks: Investor Alert! Don't miss this opportunity in Palm Coast FL. Multi-tenant building with financially strong tenants on multi-year NNN leases. 90% leased. Cap rate 7.5%. Central location in the heart of Palm Coast retail and business district, directly across from new AdventHealth 100-bed hospital site and on major east-west thorough fare. Beautifully maintained, plenty of parking, large lot. This property is only 1.5 miles from the I-95 interchange and 1.3 miles from US-1. Financial information is available upon request.
Building Area Total: 12203
Lot Size Dimensions: 69,081
List Price/SqFt: 163.89
Sold Price/SqFt: 163.89
Year Built: 2006
Location, Tax, and Legal
Country: US
Parcel Number: 14-11-30-5538-00000-0050
Tax Annual Amount: 15263
Tax Year: 2020
Tax Legal Description: Lot 5, Subdivision Plat of ST JOE CORPORATE PARK, Map Book 32 pages 81-83 inclusive
Currently Not Used
Year Built: 2006
Construction Materials
Block: 1
Concrete: 1
Stucco: 1
Cooling
Central Air: 1
Current Use
Residential: 1
Retail: 1
Electric
220 Volts: 1
Heating
Central: 1
Road Frontage Type
County Road: 1
Other: 1
Security Features
Fire Sprinkler System: 1
Sewer
Public Sewer: 1
Water Source
Public: 1
Building Features
Ceiling Eve Height: 11 - 14 Feet High
Kitchen Facilities: 1
Maximum Ceiling Height: 11
Private Restroom: 1
Showroom: 1
Vac Off/Retail SqFt: 12203
Business Type
Commercial: 1
Medical: 1
Professional Service: 1
Professional/Office: 1
Residential: 1
Retail: 1
Existing Lease Type
NNN: 1
Sale Includes
Building & Land: 1
Historical Information
Public Historical Remarks 1: Road Type: Paved; Zoning (Text): Com-2; Bldg Type/Location: Free Standing; # Parking: 60; Parking: Paved; SqFt: Largest Contiguous: 7700; SqFt - Total: 12203.00; Site Improvements: Curb/Sidewalks; Confidential Listing: N; Highway Access: No; % Occupancy: 90.00; Road Frontage: 170.00; Depth: 350.00; Franchise Opt In: No; Current # Tenant: 4.0000
Contract Information
Current Price: $2,000,000
Sold Price: $2,000,000
Status: Closed
Listing Contract Date: 2021-02-12
Property Sub Type: Business
Location Tax and Legal
Street Number: 460
Street Name: Palm Coast
Street Suffix: Parkway
County: Flagler
State: FL
Postal Code: 32137
MLS Area Major: 60 - Palm Coast
Status Change Information
Major Change Timestamp: 2021-05-27T17:11:18Z
Major Change Type: Status Change
Purchase Contract Date: 2021-02-21
Close Date: 2021-05-27
Close Price: 2000000
Property Features
Building Features: Kitchen Facilities; Private Restroom; Showroom
Business Type: Commercial; Medical; Professional Service; Professional/Office; Residential; Retail
Construction Materials: Block; Concrete; Stucco
Cooling: Central Air
Current Use: Residential; Retail
Electric: 220 Volts
Existing Lease Type: NNN
Heating: Central
Road Frontage Type: County Road; Other
Sale Includes: Building & Land
Security Features: Fire Sprinkler System
Sewer: Public Sewer
Water Source: Public
Listing Office:
Parkside Realty Group
Last Updated: September - 28 - 2024
Information deemed reliable but not guaranteed.