Sr 100

Property Description

The 5.44-acre property located at the intersection of SR100 and Commerce Blvd in Bunnell, FL, is situated in Flagler County, within the northeast region of Florida. This area combines residential, commercial, and light industrial zones, offering a mix of opportunities for development. SR100 (State Road 100) is a significant east-west route connecting Bunnell to Flagler Beach on the coast and to Palatka inland. Commerce Blvd is a local road providing access to various businesses and services. The property is approximately 25 miles north of Daytona Beach and about 90 miles south of Jacksonville, making it accessible to major urban centers. The vicinity includes various commercial establishments, light industrial parks, and service-oriented businesses. It is a growing area with potential for further commercial development. Nearby residential neighborhoods provide a potential customer base for commercial enterprises. The residential zones vary from single-family homes to multi-family units. As of the latest estimates, Bunnell has a population of around 3,000 residents. The county's population is approximately 115,000, with significant growth over the past decade. The median age in Bunnell is around 43 years. Flagler County has a higher proportion of retirees, with a median age of approximately 50 years. The median household income in Bunnell is about $35,000, which is lower than the county's median of around $57,000. Major employment sectors include retail trade, healthcare, manufacturing, and public administration. There is also a growing presence of service industries and tourism-related businesses due to proximity to coastal areas. Approximately 85% of the population in Bunnell has a high school diploma or higher, while about 20% hold a bachelor's degree or higher. The area is served by several public schools, with higher education institutions available in nearby cities like Daytona Beach. The housing market in Bunnell is characterized by a mix of single-family homes, apartments, and mobile homes. Property values have been rising steadily, reflecting broader trends in Flagler County. This 5.44-acre property zoned B-1 at SR100 and Commerce Blvd represents a significant opportunity for development, benefiting from its strategic location, growing population, and diverse economic base.