1452 N Us Highway, Ormond Beach, FL 32174
$985,000
Property Type:
Commercial Sale
Square Footage:
10,000
Status:
Closed
Current Price:
$985,000
List Date:
6/07/2013
Last Modified:
9/28/2024
Overview
Description
Supplements:
Listing Details MLS# 545214
General Property Information
- Building Area Total
- 10000
- Year Built
- 2008
- Lot Size Dimensions
- 12500
- Association YN
- No
- Water Body Access YN
- No
- Waterfront YN
- No
- Directions
- North from SR 40 on US Hwy 1 to 1452. Elite Executive Center (building in back)
- Public Remarks
- Looking for a great investment property with an 8.25 cap rate? 10,000 sq ft free standing office building built in 2008. 100% occupied with a 5 year lease on the anchor tenant. Building just appraised at $1.3 million. State of the art facility with 2 conference rooms, 2 kitchen areas, mail room and reception area, fully secured with key fob/card security system. Approximately half of the building is occupied by the anchor tenant with large conference room, 11 private offices and 15 cubicles. The other half includes 16 executive office suites. Leases are short term and long term. This is a perfect income opportunity and the time is now.
- List Price/SqFt
- 130
- Sold Price/SqFt
- 98.5
Property Features
Building Features:
Kitchen Facilities; Public Restroom; Showroom
Business Type:
Commercial; Education/School; Professional Service; Professional/Office
Construction Materials:
Block; Concrete
Cooling:
Central Air; Zoned
Existing Lease Type:
Gross
Heating:
Central; Zoned
Location:
Airport Access
Road Frontage Type:
Highway; State Road
Sale Includes:
Building & Land
Sewer:
Public Sewer
Water Source:
Public
Contract Information
- Listing Contract Date
- 2013-06-06
- Property Sub Type
- Business
Location Tax and Legal
- Street Number
- 1452
- Street Direction Prefix
- N
- Street Name
- Us
- Street Suffix
- Highway
- County
- Volusia
- State
- FL
- Postal Code
- 32174
- MLS Area Major
- 46 - Ormond N of Tomoka River, E of US1
Status Change Information
- Major Change Timestamp
- 2013-12-04T01:41:17Z
- Major Change Type
- Status Change
- Purchase Contract Date
- 2013-08-09
- Close Date
- 2013-12-02
- Close Price
- 985000
Historical Information
- Public Historical Remarks 1
- Zoning (Text): B4; # Parking: 50; Included in Sale: Signs - Owned; Parking: Lighted, Paved; Site Improvements: Curb/Sidewalks; Confidential Listing: N; % Occupancy: 100.00; Road Frontage: 125.00; Depth: 100.00; Commercial Property Name: Elite Executive Cent; Financial Package: No; Franchise Opt In: Yes
More Information
Location, Tax, and Legal
- Country
- US
- Parcel Number
- 313608001452
- Tax Annual Amount
- 15402
- Tax Year
- 2012
- Tax Legal Description
- UNIT 1452 GARDENS PLAZA CONDO PER OR 6290 PG 1510 & PER OR 6317 PG 1222 PER OR 6290 PG 1567
Currently Not Used
- Year Built
- 2008
- Accessibility Features YN
- Yes
Construction Materials
- Block
- Yes
- Concrete
- Yes
Cooling
- Central Air
- Yes
- Zoned
- Yes
Heating
- Central
- Yes
- Zoned
- Yes
Road Frontage Type
- Highway
- Yes
- State Road
- Yes
Sewer
- Public Sewer
- Yes
Water Source
- Public
- Yes
Building Features
- Kitchen Facilities
- Yes
- Public Restroom
- Yes
- Showroom
- Yes
Business Type
- Commercial
- Yes
- Education/School
- Yes
- Professional Service
- Yes
- Professional/Office
- Yes
Existing Lease Type
- Gross
- Yes
Location
- Airport Access
- Yes
Sale Includes
- Building & Land
- Yes
Listing Office:
NON ACTIVE FIRM
Last Updated: September - 28 - 2024
Information deemed reliable but not guaranteed.