137 W Marion Avenue, Edgewater, FL 32132
$1,025,000
Property Type:
Commercial Sale
Square Footage:
11,400
Status:
Closed
Current Price:
$1,025,000
List Date:
2/28/2019
Last Modified:
9/28/2024
Overview
Description
Listing Details MLS# 1054470
General Property Information
- Building Area Total
- 11400
- Year Built
- 1990
- Lot Size Dimensions
- 2.46
- Association YN
- No
- Water Body Access YN
- No
- Waterfront YN
- No
- Public Remarks
- The Boyce Industrial Complex is a 2.5 acre industrial park in Edgewater, Florida with 13,000 SF leasable space. The property performs consistently with very low vacancy rates and long-term tenants. Property was engineered for and has all infrastructure in place for 2 additional buildings totaling 14,000 SF (drawings available). Vacant areas currently leased for trailer, RV, and boat storage. Owner occupies 2,000 SF and will vacate when sold. All leases are 1 year leases. Upside opportunity on lease rates. Boyce Industrial complex is offered at an 8.2% CAP rate. Park is located in the industrial district of Edgewater. Edgewateris experiencing substantial economic growth. Meets all criteria for Opportunity Zone investment.
- List Price/SqFt
- 96.49
- Sold Price/SqFt
- 89.91
Property Features
Business Type:
Industrial
Construction Materials:
Block; Concrete
Current Use:
Industrial
Road Frontage Type:
Highway
Sale Includes:
Building & Land
Contract Information
- Listing Contract Date
- 2019-02-25
- Property Sub Type
- Business
Location Tax and Legal
- Street Number
- 137
- Street Direction Prefix
- W
- Street Name
- Marion
- Street Suffix
- Avenue
- County
- Volusia
- State
- FL
- Postal Code
- 32132
- MLS Area Major
- 80 - Edgewater
Status Change Information
- Major Change Timestamp
- 2019-10-01T20:16:28Z
- Major Change Type
- Status Change
- Purchase Contract Date
- 2019-08-28
- Close Date
- 2019-09-30
- Close Price
- 1025000
Building Features
- Vac Off/Retail SqFt
- 990
- Vac Warehouse SqFt
- 10410
More Information
Historical Information
- Public Historical Remarks 1
- Ceiling Height: 11 - 14 Feet High,15 - 20 Feet High; Bldg Type/Location: Free Standing; Construction: Metal; Confidential Listing: N; Commercial Property Name: Multi-Tenant/Boyce; Financial Package: No; Franchise Opt In: No
Location, Tax, and Legal
- Country
- US
- Parcel Number
- 8402-28-01-0135
- Tax Annual Amount
- 6352.51
- Tax Year
- 2017
- Tax Legal Description
- 3-18-34 IRREG PARCEL PER OR 1814 PG 1728 IN GOVT LOT 4 SEC 3 BEING W 210.90 FT OF E 584.33 FT MEAS ON N/L OF GOVT LOT 4 MEAS 256.35 FT ON W/L & 183.02 FT ON E/L PER OR 4664 PGS 0860-0861 PER OR 7031 PG 3032 PER OR 7053 PG 1985 and 2 ADDITIONAL PARCELS 840228010130 and 840228010134
- Zoning Description
- Industrial
Currently Not Used
- Year Built
- 1990
Construction Materials
- Block
- Yes
- Concrete
- Yes
Current Use
- Industrial
- Yes
Road Frontage Type
- Highway
- Yes
Business Type
- Industrial
- Yes
Sale Includes
- Building & Land
- Yes
Listing Office:
Coldwell Banker Commercial Benchmark
Last Updated: September - 28 - 2024
Information deemed reliable but not guaranteed.