80 Pinnacles DrPalm Coast, FL 32164

Property Details for 80 Pinnacles Dr

Year built

2008

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.31 AC

Property size (Sq ft)

12,921 SF

Zone code

OFC-1

Property type

Office properties

Property subtype

Office buildings

APN

09-12-31-5117-00080-0020

APU

912315117000800020

Description

This exceptional 12,921 square foot Class A medical office building, constructed in 2006, is situated in Palm Coast, Florida, at 80 Pinnacles Dr, 32164. The single-story building offers a multi-tenant configuration, with 4,432 square feet currently available for lease. The property boasts a convenient location, less than a minute from I-95 access, providing excellent visibility and accessibility. The building features a shared restroom and patient waiting area, maximizing usable space within individual suites. This particular space, a former pharmacy, includes an open layout with three private offices or exam rooms, and a secure compounding area. Security is enhanced with a private video surveillance system and an ADT video surveillance and alarm system. The 0.3-acre lot provides ample parking, with a ratio of 5.88 spaces per 1,000 square feet. Co-tenants include reputable medical practices such as Davita Medical Group, CORA Physical Therapy, and Cancer Specialists of North Florida, creating a strong medical synergy within the park. The property is zoned Com-2 and is located within the Orlando submarket. This presents a unique opportunity for a medical practice seeking a well-equipped, secure, and conveniently located space in a thriving medical community.

• CAP approach

  CAP return

  Valuation

  6%

  $2,313,795

  6.5%

  $2,135,811

  7%

  $1,983,253

• Comparable approach

  Method

  Valuation

  Relative Method

  $878,757

  Geo Method

  $878,757

• Alternative Use

  Use

  Valuation

  Residential

  $2,648,406

  Hospitality

  $2,425,925

  Educational

  $2,018,341

  Medical

  $2,087,755

  Retail

  $3,139,642

Location Insight

City

Palm Coast

County

Flagler

State

Florida

Latitude

29.4743

Longitude

-81.1918

CBSA code

19660

CBSA name

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

Property Tax & Assessments

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