Palm Coast, FL 32137,24 HARGROVE GRADE
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$ 4,425,000
Est. payment | /mo

20,000 SqFt


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$ 4,425,000
Est. payment | /mo
Save

20,000 SqFt

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 20,000 sqft

Price per Sqft $221

MLS Listing ID FC306013

HOA Y/N No

Originating Board Stellar MLS

Year Built 2024

Annual Tax Amount $3,171

Lot Size 7.700 Acres

Acres 7.7

Property Description

The property at 24 Hargrove Grade in Palm Coast, Florida, is a newly constructed industrial building of 20,000sf available for purchase. The property contains 7.7 acres and has approval for an additional 16,000 sf building (26 Hargrove Grade). Completed in 2024, this 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.

Location

State FL

County Flagler

Zoning IND-1

Interior

Heating Electric

Cooling Office Only

Flooring Concrete, Tile

Exterior

Parking Features Parking Spaces - 19 to 30, Ground Level, Lighted

Utilities Available Electricity Available, Phone Available, Water Connected

Roof Type Metal

Building

Entry Level One

Foundation Slab

Lot Size Range 5 to less than 10

Sewer Public Sewer

Water Public

Structure Type Metal Frame,Metal Siding,Other

New Construction false

Others

Ownership Partnership

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Stellar MLS
Listed by ONE SOTHEBYS INTERNATIONAL
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+1(407) 378-5600

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8803 Futures Drive Unit 10A, Orlando, Florida, 32819, USA

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24 HARGROVE GRADE