Income Producing Industrial Property For Sale in Florida

$229,000.00
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Description

Ocala, FL 34475 – Property List Price: $229,000

508996 Active
County: Marion
Subdivision: Comm Nonsub
# Bedrooms: 0
Baths – Full: 0
# Restrooms: 2
# Units: 1
Zoning: B-5 Heavy Business
Parcel #: 25402-001-00
Property Sub-Type: Income Producing

Year Built: 1942
Acres: 0.71
Stories: 1
Natural Gas: No
Electric Voltage: 220
Elevator: No
Sale: Yes
Lease: No

Legal Description: SEC 07 TWP 15 RGE 22 COM AT SW COR OF NE 1/4 OF NE 1/4 TH N 00-13-39 E 443.22 FT TO POB TH N 00-13-39 E 222.59 FT TH N 8

Lease Rate/Sq Ft: 3.28
Lease Type: Net
CAM/Sq Ft: 0
Add’l Exp/SqFt: 0.77
Total SqFt: 5,304
Building Sq Ft: 5,304
Acres: 0.71
Office SqFt: 1,842

Warehouse Sq Ft: 3,564

Section: 7
Township: 15
Range: 22E

Total Tax: 1,400.27
Auction Y/N: No
Fire Sprinkler: No
List Price/SqFt: 43.17
Property Type: Other – See Remarks

Air Conditioning: Zoned
Ceiling Height: 7 – 10 Ft; 11 – 14 Ft
Construction: Concrete Block
Dockage: Street Level

Exterior Misc: Fenced
Extras: Public Restrooms; Storage Area
Floor: Concrete
Frontage Road: US Highway
Heating: Zoned

Location: Highway Frontage; In City Limits; Paved Street
Lease Terms: 1 – 3 Years; Renewal Options
Terms -New Financing: Cash; Contract for Deed; Conventional; Exhange/1031; Owner

Overhead Doors: 9 – 10 Ft; 12 Ft or More

Photos: To Follow
Industrial: Auto – Marine Services; Flex Space; Industrial Condo; Manufacturing; Office Showroom; Warehouse
Parking: 6 – 15 Spaces; Paved; Unpaved

Roof: Shingle
Show: Call List Agent; Vacant
Sale Includes: Building(s) and Land; Leases
Sewer: Septic
Utilities: Above Ground Electric; Street Lights
Water: Well

Directions: TAKE 301/441/PINE AVE TO OLD JACKSONVILLE RD, NW 20TH STREET, THEN TURN EAST TO 2ND BUILDING ON THE RIGHT.
Remarks: 7.6% cap rate at 229k. For sale B5 zoning – 265 foot frontage – automotive repair shop, presently leased out. New roof. Features showroom, office space, public restrooms and plenty of storage. Leased at $1450 nnn per month. 7.6% cap rate at 229k. Workshop features two 12′ wide by 10′ doors with 11 foot ceilings to move in marine, diesel, or other equipment. This investment property can be delivered with a High cap rate which has a reliable tenant of many years.

Listing Price: $229,000
Short Sale: No

Auction Y/N: No
List Price – SqFt: $43.17
Current Price: $229,000
Agent Days On Market: 237

Presented By: SYNDICATED CAPITAL, LLC
syncapllc@gmail.com
www.syndicatedcapitalgroup.com
Phone: 386-931-0931

Information is deemed to be reliable, but is not guaranteed. © 2017 MLS and FBS. Prepared by SYNDICATED CAPITAL, LLC on Wednesday, June 14, 2017 11:52 AM. The information on this sheet has been made available by the MLS and may not be the listing of the provider.

Property ID 377958

Area of Florida

Location

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