Ideal Location: Situated along the bustling US 1, this 4.07-acre commercial property offers unparalleled visibility and accessibility, making it an ideal investment opportunity. Diverse Income Streams: The property boasts four buildings with established tenants, providing a stable and diversified income stream. Additionally, seven mobile containers with electric connections offer versatile storage solutions, further enhancing its income potential. Zoning Advantage: Zoned for light industrial use, the property provides flexibility for a wide range of commercial activities, ensuring long-term viability and potential for growth. Solid Investment: With a competitive cap rate of 6, this property presents a compelling investment opportunity for savvy investors seeking stable returns and capital appreciation. Tenant Information: Comprehensive details on current tenants and lease agreements available upon request. Infrastructure: Well-maintained infrastructure and utilities in place to support various business operations. Development Potential: Ample room for expansion or redevelopment projects to maximize the property's value. Don't miss out on this rare opportunity to acquire a prime piece of commercial real estate in the thriving City of Bunnell. Invest in your future success today!
Financial Considerations
Price:
$2,233,000
HOA Fee:
N/A
Tax Amount:
$10889
Price per SqFt:
$219.2
Tax Legal Description:
4.07 ACRES BUNNELL DEV CO SUB PART OF TR 10-11-12 BLK C OR BOOK 44 PAGE 669 C.A. BOOK 7 PAGE 496 OR BOOK 80 PAGE 624 OR BOOK 103 PAGE 532 OR 866 PG 1354-RDMAN CHRISTINA MATHEN CORBIN & WILLIAM RICHARD MATHEN JTWROS OR 992 PG 517 OR 993 PG 64 OR 866 PG 13