24 Hargrove Grade, PALM COAST, FL 32137

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  • MLS#: FC306013 ( Commercial Sale )
  • Street Address: 24 Hargrove Grade
  • Viewed: 151
  • Price: $4,425,000
  • Price sqft: $221
  • Waterfront: No
  • Year Built: 2024
  • Bldg sqft: 20000
  • Days On Market: 222
  • Additional Information
  • Geolocation: 29.5555 / -81.2744
  • County: FLAGLER
  • City: PALM COAST
  • Zipcode: 32137
  • Provided by: ONE SOTHEBYS INTERNATIONAL
  • Contact: Cornelia Downing Manfre
  • 386-276-9200
  • mfrmls
  • DMCA Notice
  • Description
    The property at 24 Hargrove Grade in Palm Coast, Florida, is a newly constructed industrial building of 20,000sf and a PAD READY for an additional 16,000 available for purchase. The property contains 7.7 acres and has approval for an additional 16,000 sf building (26 Hargrove Grade) with all utilities and infrastructure in place, simply go vertical. 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.
Features
Building and Construction
  • Covered Spaces: 0.00
  • Flooring: Concrete, Tile
  • Living Area: 20000.00
  • Other Structures: Other
  • Roof: Metal
Property Information
  • Property Condition: Completed
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: Parking Spaces - 19 to 30, Ground Level, Lighted
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Office Only
  • Electric: 200+ Amp Service, Three Phase
  • Heating: Electric
  • Road Frontage Type: City Street
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Phone Available, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 214956.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Accessibility Features: Accessible Doors
  • Country: US
  • Legal Description: POR SE CRNR SEC 9, S 89.0756 W ALONG S LINE OF SEC 9 189.68', DEPARTING SAID LINE N 00.5204W 40.94' TO NLY R/W HARGROVE GRADE TO POB; THENCE S 71.1444 W ALONG NLY R/W 50', DEPART R/W N 18.4516W 500', N 81.451 6W 397.28' THENCE N 05.1516W 51.42', N 22.2150
  • Levels: One
  • Area Major: 32137 - Palm Coast
  • Occupant Type: Tenant
  • Parcel Number: 09-11-30-0000-01020-0021
  • Views: 151
  • Zoning Code: IND-1
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