32 Hargrove Grade, Palm Coast, FL 32137

$4,615,000
48,754
SqFt

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Sold Price
$4,615,000
List Price
$5,036,000
Status
SOLD
Days on Market
388
Closing Date
Jul 27, 2026
MLS#
FC307317
Subtype
Commercial Sale
Year Built
1987
Living Area
48,754
Lot Size
217,800
Acres
5
Subdivision
Industrial Park
MLS Area Major
Palm Coast

Property Description

32 Hargrove Grade is situated in Palm Coast, Florida, within the Hargrove Industrial Park. It is 5 acre parcel with a 48,754sf building leased to AMRAD Manufacturing-a manufacturer of motor run capacitors. The current tenant is in a 5 year lease and will renew for an additional five year term. The tenant is responsible for all maintenance, real estate taxes and insurance for the property. This location offers convenient access to major routes such as US Highway 1, Interstate 95, and Palm Coast Parkway, facilitating efficient transportation and connectivity. The Hargrove Industrial Park comprises multiple buildings designed for industrial use. For instance, nearby properties like 24 Hargrove Grade feature steel construction with 14-foot high roll-up doors, office spaces, and restrooms. These facilities are tailored to accommodate various industrial and commercial operations. Palm Coast is a rapidly growing city located along Florida's Atlantic coast. As of 2024, the city has an estimated population of approximately 106,000 residents. The median age is around 50.3 years, reflecting a community with a significant number of working professionals. The local economy is diverse, with key employment sectors including healthcare, retail trade, accommodation and food services. The city's strategic location between Jacksonville, Orlando, and the Space Coast provides businesses with access to a highly educated and skilled workforce. In terms of accessibility to major cities, Palm Coast is located approximately 60 miles south of Jacksonville and about 90 miles northeast of Orlando.

Additional Information

Financing
Cash, Conventional
Location
City Limits, Industrial Park, Infrastructure In, Interior Lot, Landscaped, Retention Areas, Street Lights, Paved
Community Features
No Deed Restriction
Zoning
IND-1
Heating
Exhaust Fan
Air Conditioning
Office Only, Central Air
Exterior Construction
Metal Frame, Metal Siding
Stories
1
Roof
Metal
Foundation
Other
Parking
Parking Spaces - 19 to 30, Lighted
Parking Features
Parking Spaces - 19 to 30, Lighted
Garage Features
Parking Spaces - 19 to 30, Lighted

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

Selling Office: STELLAR NON-MEMBER OFFICE.

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