Skip to main content
Lasbury Tracy Realty Inc
← Back to search

$3,890,000

Active

24 Hargrove Grade, Palm Coast, FL 32137

20,000 sq ft

Listing courtesy of ONE SOTHEBYS INTERNATIONAL Β· MLS# FC306013

670 days on market

Refreshed from the Stellar MLS feed . This listing’s MLS record last changed .

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.

Facts

Property type
Industrial
Year built
2024
Flood zone
X
Annual taxes
$25,850/yr
Listed
Dec 27, 2024
MLS #
FC306013

Commercial details

Building & site

Building size
20,000 SF
Lot size
3 acres (130,680 SF)
Zoning
IND-1
Ceiling height
16 to 22 Feet
Road frontage
City Street
Buildings
1
Occupancy
Tenant-occupied
Building features
Bathrooms, Dumpsters, Overhead Doors, Trash Removal

Investor metrics

Price per SF (MLS)
$194.50/SF
Net operating income
$214,956/yr
Annual expenses
$60,000/yr

As reported by the listing broker in the MLS. Not verified by Lasbury-Tracy Realty β€” confirm with the listing broker before relying on them. We never estimate a cap rate.

Price & status history

  1. Listed for $4,425,000
  2. Price reduced to $3,890,000

Virtual tour

Tours are hosted by the seller’s chosen provider, not by Lasbury-Tracy Realty. Opening one loads content from that company and shares your IP address with them.

Take a tour

Pick a day that suits you β€” a licensed Lasbury Tracy agent confirms personally, usually within minutes. No account needed.

24 Hargrove Grade, Palm Coast, FL 32137

Listing courtesy of ONE SOTHEBYS INTERNATIONAL Β· MLS# FC306013 Β· Active

How would you like to see it?
Which day?
What time of day?

In person Β· Thu, Oct 29 Β· Morning (9-12)

No account, no obligation. Prefer to talk? (941) 474-5585

Where this property is

Opens on aerial β€” on this coast the canal, the lot and the neighbours answer more questions than a street grid does.

Similar properties

Listing information is provided in part by Stellar MLS, as distributed by MLS GRID. Based on information submitted to the MLS as of Oct 28, 2026, 8:57 PM (ET). All data is obtained from various sources and may not have been verified by broker or MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. 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. Some IDX listings have been excluded from this website.

Lasbury Tracy Realty Inc. Β· [email protected]