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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

Overview

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%.

Listing Details MLS# 1088526

General Property Information

Year Built
1976
Lot Size Acres
2.57
Lot Size Dimensions
200x560
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%.

Property Features

Business Type: Commercial; Industrial; Warehouse Current Use: Industrial Sale Includes: Building & Land

Contract Information

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

Status Change Information

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

Historical Information

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

More Information

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

Current Use

Industrial
Yes

Business Type

Commercial
Yes
Industrial
Yes
Warehouse
Yes

Sale Includes

Building & Land
Yes
Listing Office: Coldwell Banker Commercial Benchmark
Last Updated: September - 28 - 2024
Information deemed reliable but not guaranteed.

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