24 Hargrove Grade, Palm Coast, FL 32137

$3,890,000
20,000
SqFt

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List Price
$3,890,000
Status
ACTIVE
Days on Market
581
Price Change
▼ $535,000 1756951881
MLS#
FC306013
Subtype
Commercial Sale
Style
One Story
Year Built
2024
Living Area
20,000
Lot Size
130,680
Acres
3
MLS Area Major
Palm Coast

Property Description

Price Improvement for this great investment opportunity. The property at 24 Hargrove Grade in Palm Coast, Florida, is a newly constructed industrial building of 20,000sf. The property has all utilities and infrastructure in place and will have a cross parking easement with 26 Hargrove. Completed in 2024, the 20,000 sf building contains 8 units, each with a 14-foot high roll-up door, an office, a restroom and warehouse space. The space is fully leased with annual increases of the base rate. The tenants pay the annual operating expenses for common area maintenance, taxes and property insurance. The property is strategically located in the heart of Palm Coast, providing easy access to US Highway 1, Interstate 95, and Palm Coast Parkway. Palm Coast, situated in Flagler County, has experienced significant growth in recent years. As of 2024, the city's population is estimated at 106,237. The median age in Palm Coast is 50.3 years, indicating a mature population. The city's strategic location along Florida's east coast, combined with its growing population and economic indicators, makes it an attractive area for industrial and commercial investments. Upon submission of a Non Disclosure, property financials will be made available to qualified buyers.

Additional Information

Financing
Cash
Community Features
No Deed Restriction
Property Description
One Story
Zoning
IND-1
Heating
Electric
Air Conditioning
Office Only
Exterior Construction
Metal Frame, Metal Siding, Other
Levels
One
Roof
Metal
Foundation
Slab
Parking
Parking Spaces - 19 to 30, Ground Level, Lighted
Parking Features
Parking Spaces - 19 to 30, Ground Level, Lighted
Garage Features
Parking Spaces - 19 to 30, Ground Level, Lighted

Listing courtesy of ONE SOTHEBYS INTERNATIONAL. 386-276-9200

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