7 Kings Way | Palm Coast, FL 32137
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- LoopNet Team
7 Kings Way
Palm Coast, FL 32137
East Coast Veterinary Solutions · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- The current tenant’s lease is expiring in January 2025, providing a clear path for a new investor to take control
- Potential to significantly raise rent in line with market rates
- Located in the fifth fastest-growing city in Florida and the 18th fastest-growing city in the United States
- Opportunity to redevelop the over ±1 Acre lot, which will provide ample room for many different uses, or keep as is and lease out to another restauran
- Population of over 93,200 within a 5-mile radius, with population expected to grow over 22% within the next 5-years
- Cost of living is 3.1% lower than the U.S. national average, making the area attractive for both residents and businesses
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,800 SF
Building Class
B
Year Built
1988
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.05 AC
Zoning
COM-2 - Commercial
Parking
61 Spaces (10.48 Spaces per 1,000 SF Leased)
Frontage
219’ on Kings Parkway
AMENITIES
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
PROPERTY TAXES
| Parcel Number | 18-11-31-4961-00000-0020 | Improvements Assessment | $775,625 |
| Land Assessment | $545,692 | Total Assessment | $1,321,317 |
PROPERTY TAXES
Parcel Number
18-11-31-4961-00000-0020
Land Assessment
$545,692
Improvements Assessment
$775,625
Total Assessment
$1,321,317
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