24 Old Kings RdPalm Coast, FL 32137

Property Details for 24 Old Kings Rd

Year built

2002

Construction

CONCRETE BLOCKS

Lot size

0.75 AC

Property size (Sq ft)

6,572 SF

Zone code

COM-2

Property type

Medical offices

Property subtype

Medical centers

APN

07-11-31-7001-000B0-0020

APU

0711317001000B00020

Description

This exceptional 6,600 square foot commercial property, located at 24 Old Kings Rd N in Palm Coast, Florida (zip code 32137), presents a unique investment opportunity. Situated in a high-traffic area near the intersection of Palm Coast Parkway and Old Kings Rd, with convenient access to I-95, this building boasts excellent visibility and ample parking. Currently zoned C-2, the property offers versatile usage potential. The interior comprises multiple offices, training rooms, and a sizable conference room, all climate-controlled. Six restrooms, a kitchen, and two reception areas add to the functionality. The layout allows for easy subdivision to accommodate various tenants or business needs. The property is ideally suited for medical offices, retail businesses, restaurants, banquet facilities, or its current use as a school. A lease-to-own option may be available. This is a rare opportunity to acquire a well-maintained, multi-use building in a thriving commercial corridor of Palm Coast. The property's central location and flexible zoning make it an attractive investment for a variety of commercial ventures. Contact us today to learn more about this exceptional property and its potential.

• CAP approach

  CAP return

  Valuation

  6%

  $1,176,817

  6.5%

  $1,086,293

  7%

  $1,008,701

• Comparable approach

  Method

  Valuation

  Relative Method

  $446,962

  Geo Method

  $446,962

• Alternative Use

  Use

  Valuation

  Residential

  $1,347,003

  Hospitality

  $1,233,848

  Educational

  $1,026,547

  Medical

  $1,061,851

  Retail

  $1,596,850

Location Insight

City

Palm Coast

County

Flagler

State

Florida

Latitude

29.558

Longitude

-81.2165

CBSA code

19660

CBSA name

DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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