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$3,890,000

24 HARGROVE GRADE, PALM COAST, FL 32137

3D Tour
Active488 days on market

Beds

Baths

0

Sq Ft

20,000 sq ft

Year Built

2024

Lot Size

3.00 acres

Garage

About This Property

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.

Property Overview

Property TypeCommercial Sale
Sub TypeIndustrial
MLS #FC306013
StatusActive
Year Built2024
ConstructionMetal Frame, Metal Siding, Other
RoofMetal
FoundationSlab
CountyFlagler
OwnershipPartnership

Interior Features

FlooringConcrete, Tile
WindowsAluminum Frames
CoolingA/C - Office Only
HeatingElectric
SecurityFire Sprinkler System

Exterior & Lot

Other StructuresOther
Lot Size3.00 acres (130,680 sq ft)
Road SurfaceAsphalt
0

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesElectricity Available, Phone Available, Water Connected

Parking

GarageNo

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$3,890,000
Original Price$4,425,000
Annual Taxes$25,850 (2025)
FinancingCash
ZoningIND-1
Parcel #0911300000010200021

Directions

US 1 to Hargrove Grade, west along Hargrove Grade to 24 Hargrove on the north side of the street.

Location

24 HARGROVE GRADE, PALM COAST, FL 32137

Listing Information

OfficeONE SOTHEBYS INTERNATIONAL
ListedDecember 27, 2024

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Home Price

$3,890,000

20% ($778,000)
6.75%

Loan Term

Principal & Interest$20,184
Property Tax (est.)$3,566
Insurance (est.)$150
Total Monthly$23,900
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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: September 16, 2026.

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