9
Map
19 Utility Drive
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 13, 2026 | Price Decreased |
$365,000
↓ $10K
(2.7%) | |
| Price Decreased | |||
| Mar 10, 2026 | Price Decreased |
$375,000
↓ $25K
(6.3%) | |
| Price Decreased | |||
| Mar 3, 2026 | Listed by Re/Max Select Professionals | $400,000 | |
| Listed by Re/Max Select Professionals | |||
| Feb 17, 2026 | Listed by REMAX SELECT PROFESSIONALS | $400,000 | |
| Listed by REMAX SELECT PROFESSIONALS | |||
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This is your opportunity to secure the LAST available lot in a well-established industrial park! Located at 19 Utility Drive, this undeveloped industrial lot gives you the flexibility to build from the ground up and design a custom industrial, warehouse, or commercial facility that fits your needs. Just off Palm Coast Parkway and minutes from I-95, the location provides convenient access to Daytona Beach, Flagler Beach, and surrounding business hubs, making it an excellent choice for businesses that value accessibility and growth. Set within a thriving industrial corridor and surrounded by established commercial operations, this site offers a strong foundation for long-term success. Whether you're an investor or an owner-user, this property combines location, flexibility, and true potential. Take a drive by, walk the site, and explore all the possibilities to bring your vision to life!
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| Jan 27, 2026 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017