Located in Palm Coast, FL, this unique 45 acre commercial property is within 2 miles of the Atlantic Ocean along the State Road 100. The Future Land Use Map allows for Mixed Use. The property is zoned Commercial 2 & Commercial 3. This is one of the fastest growing corridors in the county with traffic counts of over 20AADT, these properties are versatile for a number of uses including hotel, medical, assisted living facilities, QSR, restaurant, convenience store, automotive, storage and more. The site is 1 mile from the Flagler Beach where there is a new COMPASS by Margaritaville Hotel being constructed, ¼ mile from the Flagler Beach Publix, 2.5 miles to the new BJ’s Warehouse, Miller Ale House & Longhorn Steakhouse west of I-95. The AdventHealth Hospital is 2 miles away. This is one of the few remaining parcels along SR 100 in Palm Coast, the location is in the center of future residential developments of multi-family and single family homes.
Financial Considerations
Price:
$7,500,000
HOA Fee:
N/A
Tax Amount:
$55549.82
Price per SqFt:
$3.86
Tax Legal Description:
44.59 AC THAT PORTION LYING WLY ALONG W ROW COLBERT LANE AND BIKE PATH - NLY ALONG N RO W SR 100 AND BIKE PATH, SLY ALONG ENTRANCE OFF OF COLBERT LANE TO WATERFORD INVESTMENT PIECE AND ELY OF EDGE PROP PIECE AND ALOHA UTILITIES THAT IS ALONG NLY ROW SR 10