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32 HARGROVE GRADE, Palm Coast, FL, 32137 | $5,036,000
Under contract-accepting backup offers. 32 Hargrove Grade is situated in Palm Coast, Florida, within the Hargrove Industrial Park. It is 5 acre parcel with a 48, 754sf building leased to AMRAD Manufacturing-a manufacturer of motor run capacitors. The current tenant is in a 5 year lease and will renew for an additional five year term. The tenant is responsible for all maintenance, real estate taxes and insurance for the property. This location offers convenient access to major routes such as US Highway 1, Interstate 95, and Palm Coast Parkway, facilitating efficient transportation and connectivity.
The Hargrove Industrial Park comprises multiple buildings designed for industrial use. For instance, nearby properties like 24 Hargrove Grade feature steel construction with 14-foot high roll-up doors, office spaces, and restrooms. These facilities are tailored to accommodate various industrial and commercial operations.
Palm Coast is a rapidly growing city located along Florida's Atlantic coast. As of 2024, the city has an estimated population of approximately 106, 000 residents. The median age is around 50. 3 years, reflecting a community with a significant number of working professionals. The local economy is diverse, with key employment sectors including healthcare, retail trade, accommodation and food services. The city's strategic location between Jacksonville, Orlando, and the Space Coast provides businesses with access to a highly educated and skilled workforce.
In terms of accessibility to major cities, Palm Coast is located approximately 60 miles south of Jacksonville and about 90 miles northeast of Orlando.
Features
- Property Type: Industrial
- Construction: Metal Frame, Metal Siding
- Utilities: Public, Sewer Nearby, Water Connected
- Garage: 19 to 30 Spaces, Lighted
- Levels: 1
- Heating: Exhaust Fan
- Cooling: A/C - Office Only, Central Air
- Lot Size: 373 x 495 x 399 x 672
- Year Built: 1987
- Approx Sq. Feet: 48,754
- Acreage: 5
- Est. Taxes: $21,742
- Lot Desc: City Lot, Industrial Park, Infrastructure In, Interior Lot, Landscaped, Retention Areas, Street Lights
- MLS#: FC307317
- Days on Market: 388 days
- Website: https://www.raveis.com
/prop/FC307317/32hargrovegrade_palmcoast_fl?source=qrflyer
Listing courtesy of ONE SOTHEBYS INTERNATIONAL Phone: 386-276-9200
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
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- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Pedro DelgadilloInsurance Sales Director, William Raveis Insurance
305.922.5393
Pedro.Delgadillo@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
32 HARGROVE GRADE, Palm Coast, FL, 32137
$5,036,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $4,028,800 | $4,028,800 | $4,028,800 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.312% | 6.385% | 6.223% |
| Monthly Tax Payment | $1,812 | $1,812 | $1,812 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $23,832 | $24,806 | $33,997 |
| Total Monthly Payment | $25,769 | $26,743 | $35,934 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388