24 Hargrove Grade, Palm Coast, FL 32137

$3,890,000
20,000
SqFt

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List Price
$3,890,000
Status
Active
Days on Market
583
Price Change
▼ $535,000 1756951881
MLS#
FC306013
Property Style
Industrial
Year Built
2024
Living Area
20,000
Lot Size
130,680
Acres
3
Total Acreage
2 to less than 5
Development Name
Hargrove Industrial Park
MLS Area Major
Palm Coast

Property Description

Price Improvement for this great investment opportunity. The property at 24 Hargrove Grade in Palm Coast, Florida, is a newly constructed industrial building of 20,000sf. The property has all utilities and infrastructure in place and will have a cross parking easement with 26 Hargrove. 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.

Additional Information

Taxes Annual
$25850
Community Features
No Deed Restriction
Property Description
One Story
Zoning
IND-1
Floor
Concrete, Tile
Utilities
Electricity Available, Phone Available, Water Connected
Heating
Electric
Air Conditioning
Office Only
Exterior Construction
Metal Frame, Metal Siding, Other
Roof
Metal
Foundation
Slab
Pool
No Pool
Garage Features
Parking Spaces - 19 to 30, Ground Level, Lighted
Flood Zone Code
x
Parcel ID
09-11-30-0000-01020-0021
Legal Description
2.87 ACRES 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'

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

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