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6453 E Hwy 100

9 Acres of Commercial Land Offered at $3,260,181 CAD in Flagler Beach, FL 32136

Investment Highlights

  • Less than 1 mile from the I-95 off-ramp and interchange
  • New construction planned in the immediate area
  • Average daily volume of traffic on Hwy 100 and Colbert Ln is 17,800 cars per day
  • Property is zoned C-3 which offers the most flexible uses

Executive Summary

The subject site consists of 2 parcels, 8.96 acres with 24 surface parking spaces and no structure. The property is zoned C-3 Commercial which offers the most flexible uses including automobile, hospital, medical, hotel, restaurants (sit down and fast food), assisted living, retail, convenience stores, motorcycle dealers, and service stations. Excluded uses from the property are truck stops and industrial manufacturing. The property had a structure in 2011 which is meaningful because there is some value in impact fees and utilities already brought to the site.

Property Facts

Price $3,260,181 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Auto Dealership
  • Tienda de conveniencia
  • Fast Food
  • Hospital
  • Hotel
  • Restaurant
  • Service Station
Total Lot Size 9.00 AC

1 Lot Available

Lot

Price $3,260,181 CAD
Price Per AC $362,242 CAD
Lot Size 9.00 AC

Description

The property is located on the north side of Hwy 100 in Palm Coast, FL in Flagler County less than 1 mile from the I-95 off-ramp and interchange. The subject does have exposure to a major road with 435ft of direct frontage on Hwy 100 and includes a median cut. The immediate area has a population of 8,000 residents within 3 miles and 27,000 within 5 miles. With an average age of 51 and median HH income of $57,000 within a 3-mile radius, the area of Flagler County is considered a medium growth region expected to increase by 15% over the next 5 years. The average daily volume of traffic on Hwy 100 and Colbert Ln is 17,800 cars per day. Properties near the subject were mostly constructed between the late 1990’s -2020 and includes a mix of commercial, neighborhood retail, residential, free standing fast-food, banks, and golf course communities. Less than 1/4mi to the east includes Publix, CVS Pharmacy, Shell Gas, SunTrust Bank, new 7-11 and other outparcels available for sale. There is considerable new construction planned in the immediate area of the subject property which includes multi-family located directly west, general commercial and self-storage with future retail closer to I-95.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
11-12-31-0650-000B0-0081
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,583,500 CAD

zoning

Zoning Code C-3 (Regional Commercial)
C-3 (Regional Commercial)
  • Listing ID: 21225310

  • Date on Market: 2020-10-14

  • Last Updated:

  • Address: 6453 E Hwy 100, Flagler Beach, FL 32136

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