Commercial Sale · Industrial
24 HARGROVE GRADE, PALM COAST, FL, 32137
Active583 days on marketListed Dec 27, 2024MLS #FC306013
About this property
The property at a glance
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.
20,000
Building sq ft
$195
Price / sq ft
3
Lot acres
2024
Year built
1
Building
IND-1
Zoning
Industrial
Property type
The numbers
Investment snapshot
5.5%
Cap rate
$214,956
Net operating income
Estimated payment (illustrative)
Estimated payment
$19,806/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Kat to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
The area
Who's around this property
47,003
Population
$78,731
Median income
56.5
Median age
2.3
Avg household
$360,600
Median home value
$1,790/mo
Median rent
3,437
Households w/ kids
Recent sales
What actually sold near 24 HARGROVE GRADE
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$17,400
15 HARGROVE LANE UNIT 5H
1,000 sqft · $17/sqft · Sold May 8, 2026
$16,800
15 HARGROVE LANE UNIT 6B
1,000 sqft · $17/sqft · Sold Jul 17, 2026
$43,125
24 HARGROVE GRADE UNIT 4
Sold Dec 27, 2024
Your team
The pros in your corner
Your agent
Kat Bonelli
REALTOR® · CENTURY 21 Edge
Tours, offers, and every question about 24 HARGROVE GRADE — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 24 HARGROVE GRADE.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Kat's phone and CRM.
Keep looking
Similar properties nearby
Listing courtesy of ONE SOTHEBYS INTERNATIONAL · Cornelia Downing Manfre. MLS #FC306013.
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 is deemed reliable but is not guaranteed accurate by Stellar MLS.
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