Location, Location, Location! Great Investment Property - 5.05 Acres in Size with Frontage on US Hwy 92. Land Use - Outdoor Storage. Zoning: M/M Manufacturing. Currently leased netting $10,539/month or $126,468/year. A hot 6.32% CAP Rate from Day 1. Future Development Potential - possible self storage facility, warehouses, or manufacturing plant. Near I-4 corridor! 100% Occupied. Cash in your pocket from Day 1. Don't Miss On This!
Financial Considerations
Price:
$2,000,000
HOA Fee:
N/A
Tax Amount:
$14658.89
Price per SqFt:
$327.44
Tax Legal Description:
TRACT BEG AT SW COR OF NE 1/4 OF NE 1/4 AND RUN N 210.9 FT E 331.4 FT S 657.2 FT TO N LINE OF S/R 600 SWLY 337.1 FT AND N 504.7 FT TO BEG LESS FOLLOWING: FROM NW COR OF SE 1/4 OF NE 1/4 RUN E 14 FT SLY 494.2 FT MOL TO NLY R/W OF STATE RD 600 TO PT 23 FT W OF W BDRY OF SE 1/4 OF NE 1/4 SWLY ALG R/W OF SR 600 23.3 FT TO PT ON W BDRY OF SE 1/4 OF NE 1/4 N 498.1 FT TO POB
Exterior Features
Lot Size:
219978
Lot Features:
Central Business District, Industrial Condo, Industrial Park