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33 N Old Kings Rd 11,891 SF Vacant 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 or Owner User
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
Vacant
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
Not walkable
10/100
Exceptionally drivable
100/100
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