180 Pinnacles DrPalm Coast, FL 32164

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

Medical offices

Property subtype

Medical centers

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).

• 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

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