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2800 S Nova Road E4, South Daytona, FL 32119

$3,025,000
Property Type: Commercial Sale Lot Size (sq. ft.): 111,949 Status: Closed
Current Price: $3,025,000 List Date: 11/16/2021 Last Modified: 9/28/2024

Description

Investment opportunity. Industrial park with four fully occupied buildings -2 multi-tenant industrial buildings, a rental building, and a restaurant along S. Nova Rd. Many long term tenants. Average rents below market creating upside. Acquisition CAP at 7.4%.

More Information MLS# 1088526

General Property Information

Lot Size Acres: 2.57 Association YN: No Water Body Access YN: No Waterfront YN: No Public Remarks: Investment opportunity. Industrial park with four fully occupied buildings -2 multi-tenant industrial buildings, a rental building, and a restaurant along S. Nova Rd. Many long term tenants. Average rents below market creating upside. Acquisition CAP at 7.4%. Lot Size Dimensions: 200x560 Year Built: 1976

Location, Tax, and Legal

Country: US Parcel Number: 6337-01-01-0011 Tax Annual Amount: 20060 Tax Year: 2020 Tax Legal Description: S 200 FT OF LOT 1 EXC R/W FOR NOVA RD BLK 1 DUNLAWTON PER OR 3943 PG 4589 Zoning Description: Industrial

Currently Not Used

Unit Number: E4 Year Built: 1976

Status Change Information

Contingent Date: 2022-04-05 Major Change Timestamp: 2022-04-06T20:03:01Z Major Change Type: Status Change Purchase Contract Date: 2022-01-19 Close Date: 2022-04-06 Close Price: 3025000

Current Use

Industrial: 1

Business Type

Commercial: 1 Industrial: 1 Warehouse: 1

Sale Includes

Building & Land: 1

Historical Information

Public Historical Remarks 1: Zoning (Text): LI, BGC; Confidential Listing: N; Franchise Opt In: No

Contract Information

Current Price: $3,025,000 Sold Price: $3,025,000 Status: Closed Listing Contract Date: 2021-09-13 Property Sub Type: Business

Location Tax and Legal

Street Number: 2800 Street Direction Prefix: S Street Name: Nova Street Suffix: Road County: Volusia State: FL Postal Code: 32119 MLS Area Major: 33 - ISB to LPGA W of 95

Property Features

Business Type: Commercial; Industrial; Warehouse Current Use: Industrial Sale Includes: Building & Land
Listing Office: Coldwell Banker Commercial Benchmark
Last Updated: September - 28 - 2024
Information deemed reliable but not guaranteed.

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