180 Pinnacles DrPalm Coast, FL 32164
- Healthcare properties
- 21,055 SF
Property Details for 180 Pinnacles Dr
- Year built
- 2009
- Construction
- STEEL FRAME
- Lot size
- 2.09 AC
- Property size (Sq ft)
- 21,055 SF
- Zone code
- OFC-1
- Property type
- Healthcare properties
- Property subtype
- Medical offices
- APN
- 09-12-31-5117-00000-0010
- APU
- 912315117000000010
Description
This two-story, Class B Palm Coast medical office building, constructed in 2009, offers 21,055 square feet of space with 10,000 square feet currently vacant. Located at 180 Pinnacles Dr, Palm Coast, FL 32164, the property sits on a 90,695 square foot lot and boasts 111 parking spaces (a 5/1,000 ratio), providing ample convenience for patients and staff. The building features elevators and is zoned OFC-1. Multiple suites are available, ranging from a minimum of 1,500 square feet to a maximum contiguous space of 4,814 square feet. Suites are delivered in grey shell condition, with tenant improvement support available. The building enjoys a strategic location adjacent to AdventHealth Palm Coast Hospital and its new medical office building, ensuring high visibility and accessibility. Current co-tenants include Pinnacles Peds Care, Dentique Dental, and Chiropractic Injury Solutions, creating a thriving medical community. The area is further enhanced by the presence of other medical providers such as Davita, Cancer Specialists of North Florida, and Cora Physical Therapy. The building benefits from excellent road frontage on E Moody Blvd (35,500 AADT) and proximity to Interstate 4 (93,500 AADT) and Seminole Woods Blvd. The surrounding area is experiencing significant growth, with numerous multifamily and mixed-use projects underway. This presents a unique opportunity for medical professionals seeking a well-located, established space within a rapidly expanding market. Specific suite sizes include approximately 2,303 square feet (Suite 104) and options ranging from 1,605 to 4,814 square feet (Suite 202) and 1,500 to 3,392 square feet (Suite 203).
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $3,770,418
- 6.5%
- $3,480,386
- 7%
- $3,231,787
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,431,950
- Geo Method
- $1,431,950
-
Alternative Use
- Use
- Valuation
- Residential
- $4,315,678
- Hospitality
- $3,953,138
- Educational
- $3,288,964
- Medical
- $3,402,077
- Retail
- $5,116,167
Location Insight
- City
- Palm Coast
- County
- Flagler
- State
- Florida
- Latitude
- 29.4751
- Longitude
- -81.1906
- CBSA code
- 19660
- CBSA name
- DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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