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$639,000
Est. payment /mo
4,000 SqFt
UPDATED:
11/22/2024 09:10 AM
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $159
Subdivision Assessors Alvarez Grant
MLS Listing ID NS1082868
HOA Y/N No
Originating Board Stellar MLS
Year Built 1979
Annual Tax Amount $4,480
Lot Size 0.640 Acres
Acres 0.64
Property Description
Exceptional Investment Opportunity: Positioned on a prime avenue in a high-growth area, this property offers a very strong return on investment with excellent appreciation potential. Enjoy easy access and exceptional visibility, along with the opportunity to expand the square footage to maximize future value and revenue. This property is poised for continued growth and significant upside. Don’t miss out on this rare opportunity!
INDUSTRIAL-ZONED property located in the centrally-located Park Avenue area between Edgewater and New Smyrna Beach. This 4,000 sq. ft. metal building has been separated into 5 spaces: 3 at 800 sq. ft., 1 at 1,000 sq. ft., and 1 at 600 sq. ft. There are five overhead doors, one for each bay. The property is over 1/2 acre, and includes 8 fenced areas that rent for $100/month each. 6 are currently rented, and 1 is being used by the property landscaper. CAP Rate is 7.45%
INDUSTRIAL-ZONED property located in the centrally-located Park Avenue area between Edgewater and New Smyrna Beach. This 4,000 sq. ft. metal building has been separated into 5 spaces: 3 at 800 sq. ft., 1 at 1,000 sq. ft., and 1 at 600 sq. ft. There are five overhead doors, one for each bay. The property is over 1/2 acre, and includes 8 fenced areas that rent for $100/month each. 6 are currently rented, and 1 is being used by the property landscaper. CAP Rate is 7.45%
Location
State FL
County Volusia
Community Assessors Alvarez Grant
Zoning 07I1
Interior
Cooling Office Only
Exterior
Roof Type Metal
Building
Foundation Slab
Lot Size Range 1/2 to less than 1
Structure Type Metal Frame,Metal Siding
New Construction false
Others
Ownership Sole Proprietor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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