Commercial property in Palm Coast, Florida 1858.05 sq.m. № 1533901

Property 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.