1516 State Avenue, Holly Hill, FL 32117
$6,500,000
Property Type:
Commercial Sale
Status:
Closed
Current Price:
$6,500,000
List Date:
7/28/2023
Last Modified:
9/28/2024
Overview
Description
Listing Details MLS# 1112067
General Property Information
- Number Of Units Total
- 30
- Year Built
- 1982
- Association YN
- No
- Water Body Access YN
- No
- Waterfront YN
- No
- Directions
- From LPGA Go North on US 1 turn left on 15th Street Turn Right at Stop Sign on State Avenue properties on your Left.
- Public Remarks
- Great Warehouses Investment. 73,000 Sq. ft. in 7 Warehouse Buildings in Holly Hill Florida an Outstanding Commercial and Industrial Location. Asking Price is Less than $ 96/SF well below cost of replacement. Current Rents are below market value. Great Remaining Potential for Rent Increase. We are pleased to offer this Investment opportunity in the greater Daytona Beach Florida Area that has experienced exponential growth and an Increase demand for Service warehousing.
Property Features
Business Type:
Industrial; Warehouse
Construction Materials:
Block; Concrete
Cooling:
Central Air
Current Use:
Industrial
Heating:
Central; Electric
Location:
Industrial Park
Road Frontage Type:
City Street
Roof:
Metal
Sale Includes:
Building & Land
Sewer:
Public Sewer
Water Source:
Public
Contract Information
- Listing Contract Date
- 2023-07-27
- Property Sub Type
- Business
Location Tax and Legal
- Street Number
- 1516
- Street Name
- State
- Street Suffix
- Avenue
- County
- Volusia
- State
- FL
- Postal Code
- 32117
- MLS Area Major
- 41 - LPGA to Granada, E of Nova
Status Change Information
- Major Change Timestamp
- 2024-01-09T13:47:07Z
- Major Change Type
- Status Change
- Contingent Date
- 2023-09-11
- Purchase Contract Date
- 2023-07-28
- Close Date
- 2023-12-29
- Close Price
- 6500000
Building Features
- Ceiling Eve Height
- 15 - 20 Feet High
- Vac Warehouse SqFt
- 73050
More Information
Historical Information
- Public Historical Remarks 1
- Road Type: Paved; Construction: Metal; # Parking: 120; Parking: Paved; SqFt - Total: 73050.00; Confidential Listing: N; % Occupancy: 90.00; Commercial Property Name: Riviera Industrial P; Financial Package: No; Franchise Opt In: Yes
Location, Tax, and Legal
- Country
- US
- Parcel Number
- 424220360070
- Tax Legal Description
- See Parcel Numbers: 4242-20-36-0070 4242-20-36-0180 4242-20-36-0130
- Zoning Description
- Industrial
Currently Not Used
- Year Built
- 1982
Construction Materials
- Block
- Yes
- Concrete
- Yes
Cooling
- Central Air
- Yes
Current Use
- Industrial
- Yes
Heating
- Central
- Yes
- Electric
- Yes
Road Frontage Type
- City Street
- Yes
Roof
- Metal
- Yes
Sewer
- Public Sewer
- Yes
Water Source
- Public
- Yes
Business Type
- Industrial
- Yes
- Warehouse
- Yes
Location
- Industrial Park
- Yes
Sale Includes
- Building & Land
- Yes
Listing Office:
Hart Pro Realty
Last Updated: September - 28 - 2024
Information deemed reliable but not guaranteed.