See all 20 photos
20 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
$1,795,000
Est. payment /mo
33,983 SqFt
UPDATED:
02/08/2025 04:44 PM
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 33,983 sqft
Price per Sqft $52
MLS Listing ID 930852
Year Built 2005
Lot Size 12.920 Acres
Acres 12.92
Property Sub-Type Industrial
Property Description
Currently priced at an 8% CAP Rate on current in-place income. Located in in Washington County on 12.92 acres of land with 2 buildings, a 32,000 SF warehouse building and a 1,983 SF office space that is currently net leased to WestPointe Home, a division of Ichan Industries. The below market rate lease term runs for approx. 3 more years with no tenant options. The warehouse has 25-foot ceiling heights, 2 ground-level roll up doors, 1 loading door with 4' truck well, concrete load-stressed floors, metal roofing, and full fire suppression. The property also has 220/240V, 3 phase power and City water/sewer, in an prime area for growth. Additionally, there is adjacent unimproved and vacant land of approximately 7.2 acres to potentially construct other buildings on-site.
Location
State FL
County Washington
Area 30 - Other Counties
Read Less Info
Listed by Riviera Realty Group LLC