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440 Turnbull Bay Road, New Smyrna Beach, FL 32168

$650,000
Property Type: Commercial Sale Lot Size (sq. ft.): 9,583 Status: Closed
Current Price: $650,000 List Date: 5/08/2023 Last Modified: 9/28/2024

Overview

Description

Great New Smyrna Beach LOCATION!! Self Storage – High occupancy! Cap Rate 7.26%. Two Buildings; 3,451 SF and 5,000 SF totaling 8,451 SF. 66 Self-Storage units - Building #1 has 1 unit for Management office and 29 units, Building #2 has 37 units. Built with concrete block with a metal roof on Building #1 and a shingle roof on Building #2. New roof on Building #1 in 10/2021. Two parcels totaling 18,825 SF (0.43+- Acres). Newly painted and well kept.

Supplements: Self Storage  High occupancy! Cap Rate 7.26% Two Buildings; 3,451 SF and 5,000 SF totaling 8,451 SF 66 Self-Storage units on two parcels totaling (0.43+- Acres)

Listing Details MLS# 1109033

General Property Information

Number Of Units Total
66
Year Built
1979
Lot Size Acres
0.22
Lot Size Dimensions
63x150
Association YN
No
Water Body Access YN
No
Waterfront YN
No
Directions
From N. Dixie Freeway (US Highway 1) travel west on Turnbull Bay Road.
Public Remarks
Great New Smyrna Beach LOCATION!! Self Storage – High occupancy! Cap Rate 7.26%. Two Buildings; 3,451 SF and 5,000 SF totaling 8,451 SF. 66 Self-Storage units - Building #1 has 1 unit for Management office and 29 units, Building #2 has 37 units. Built with concrete block with a metal roof on Building #1 and a shingle roof on Building #2. New roof on Building #1 in 10/2021. Two parcels totaling 18,825 SF (0.43+- Acres). Newly painted and well kept.

Property Features

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

Contract Information

Listing Contract Date
2023-05-08
Property Sub Type
Business

Location Tax and Legal

Street Number
440
Street Name
Turnbull Bay
Street Suffix
Road
County
Volusia
State
FL
Postal Code
32168
MLS Area Major
70 - New Smyrna Beach E of 95

Status Change Information

Major Change Timestamp
2023-07-18T19:23:50Z
Major Change Type
Status Change
Purchase Contract Date
2023-05-24
Close Date
2023-07-18
Close Price
650000

Historical Information

Public Historical Remarks 1
Zoning (Text): I-2; Bldg Type/Location: Free Standing; SqFt - Total: 8451.00; Confidential Listing: N; Franchise Opt In: No

More Information

Location, Tax, and Legal

Country
US
Parcel Number
7438-08-02-0030
Tax Annual Amount
2096
Tax Year
2022
Tax Legal Description
LOT 3 BLK B WARMACKS SUB PER OR 4431 PG 3054
Zoning Description
Industrial

Currently Not Used

Year Built
1979

Current Use

Industrial
Yes

Business Type

Commercial
Yes
Industrial
Yes
Warehouse
Yes

Sale Includes

Building & Land
Yes
Listing Office: SVN Alliance Commercial Real Estate Advisors
Last Updated: September - 28 - 2024
Information deemed reliable but not guaranteed.

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