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6040 State Highway 100 - Palm Coast Corner Lot 1.21 Acres of Commercial Land Offered at $2,507,742 CAD in Palm Coast, FL 32137

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INVESTMENT HIGHLIGHTS

  • Northeast corner of State Road 100 and Old Kings Road.
  • Traffic light at State Road 100 and Old Kings Road provides superior visibility to all other sites on State Road 100 and/or Old Kings Road.
  • McDonalds restrictive covenant just ended, meaning restaurants are now permitted for this pad site.
  • Hard corner site between McDonalds and Old Kings Road.
  • With 500 feet of unobstructed visibility, access is vastly superior to all other sites in area.
  • Rapid household growth and expanding retail activity in Palm Coast position the site as a timely opportunity to capture market momentum.

EXECUTIVE SUMMARY

Positioned at the northwest corner of State Highway 100 and Old Kings Road, 6040 State Highway 100 offers a premium commercial land opportunity in Palm Coast, Florida. Encompassing 1.21 acres of level, build-ready raw land, the site sits at a highly trafficked, signalized intersection with exceptional visibility and signage potential. Daily traffic counts exceed 27,000 vehicles (VPD) and continue to rise as Palm Coast expands, creating consistent exposure for future development.

Immediate access to Interstate 95 at Exit 284 places the property directly in the path of local commuters and coastal visitors heading toward Flagler Beach. With the neighboring McDonald's restricted covenant now expired, the site presents an ideal location for a new quick-service restaurant, standalone retailer, or branded commercial concept.

Surrounding drivers create business synergy along this corridor, including a Winn-Dixie-anchored shopping plaza, multiple gas stations, Hampton Inn & Suites, Best Western Plus, and a growing mix of national and regional businesses along Old Kings Road, including Tire Outlet, Popeye's, and Florida Skin Cancer Institute. AdventHealth Palm Coast Hospital, across the interstate, further strengthens daily traffic and brand visibility.

Driven by a surge in local developments, the area is experiencing notable demographic momentum within a 2-mile radius of the site. Rapid household growth of 8.2% from 2020 to 2024, with an additional 4.7 % projected by 2029, underscores the market's demand for more retail locations.

Investors and owner/users seeking a strategic Palm Coast commercial development site in a high-growth market are encouraged to reach out today.

PROPERTY FACTS

Price $2,507,742 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 1.21 AC
Zoning COM-2 - Allowed uses include commercial, institutional, recreational and service-oriented activites.

1 LOT AVAILABLE

Lot

Price $2,507,742 CAD
Price Per AC $2,072,514.44 CAD
Lot Size 1.21 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
09-12-31-0000-02030-0012
Land Assessment
$493,981 CAD
Improvements Assessment
$0 CAD
Total Assessment
$493,981 CAD
  • Listing ID: 22444058

  • Date on Market: 2021-03-10

  • Last Updated:

  • Address: 6040 State Highway 100, Palm Coast, FL 32137

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