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33 N Old Kings Rd 11,891 SF 100% Leased Office Building Palm Coast, FL 32137 $3,185,000 ($267.85/SF)
Executive Summary
This single-story property features a functional layout ideal for medical, healthcare, or professional office users. Five units are currently tenant-occupied by established long-term tenants, providing stable and consistent in-place income.
One unit is vacant, creating an excellent opportunity for an owner-user or for additional lease-up to increase cash flow. Strong upside potential through rent growth and full stabilization. Ideal for investors seeking steady income with value-add potential or professionals looking to occupy space while benefiting from rental revenue.
One unit is vacant, creating an excellent opportunity for an owner-user or for additional lease-up to increase cash flow. Strong upside potential through rent growth and full stabilization. Ideal for investors seeking steady income with value-add potential or professionals looking to occupy space while benefiting from rental revenue.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
11,891 SF
Building Class
C
Year Built
1995
Price
$3,185,000
Price Per SF
$267.85
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
11,891 SF
Building FAR
0.16
Lot Size
1.76 AC
Zoning
COM-2 - Commercial - 2
Parking
59 Spaces (4.96 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
Property Taxes
| Parcel Number | 07-11-31-4920-00000-0010 | Improvements Assessment | $1,110,000 |
| Land Assessment | $0 | Total Assessment | $1,110,000 |
Property Taxes
Parcel Number
07-11-31-4920-00000-0010
Land Assessment
$0
Improvements Assessment
$1,110,000
Total Assessment
$1,110,000
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33 N Old Kings Rd
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