952 Big Tree Road, South Daytona, FL 32119
$1,470,000
Property Type:
Commercial Sale
Status:
Closed
Current Price:
$1,470,000
List Date:
6/09/2017
Last Modified:
9/28/2024
Description
100% leased Investment Property. Class A national tenants with new 5 year leases. 3.5 acres zoned Light Industrial. Annual increases on both leases. Current NOI of $146,102. 8.2 CAP rate
More Information MLS# 1030274
General Property Information
Association YN: No
Water Body Access YN: No
Waterfront YN: No
Directions: Nova to east on Big Tree
Public Remarks: 100% leased Investment Property. Class A national tenants with new 5 year leases. 3.5 acres zoned Light Industrial. Annual increases on both leases. Current NOI of $146,102. 8.2 CAP rate
Year Built: 1978
Location, Tax, and Legal
Country: US
Parcel Number: 5344-16-00-1092
Tax Annual Amount: 15918
Tax Year: 2016
Tax Legal Description: E 115.18 FT OF W 198.36 FT MEAS ON S/L OF LOTS 109 & 110 BLAKE PER OR 4842 PGS 2636-2638 INC PER OR 5806 PG 3297 PER OR 5859 PG 2897
Currently Not Used
Year Built: 1978
Status Change Information
Contingent Date: 2017-09-28
Major Change Timestamp: 2018-02-07T17:07:47Z
Major Change Type: Status Change
Purchase Contract Date: 2017-09-28
Close Date: 2018-02-06
Close Price: 1470000
Current Use
Industrial: 1
Income and Expenses
Gross Income: 182400
Utilities
Separate Electric Meters: 1
Separate Water Meters: 1
Building Features
Vac Off/Retail SqFt: 9600
Vac Warehouse SqFt: 5000
Business Type
Industrial: 1
Professional/Office: 1
Sale Includes
Building & Land: 1
Historical Information
Public Historical Remarks 1: Income/Operating Inc: Annual Escalation: 2, Total Operating Income: 182400; Meters: # Electric Meters: 2, # Water Meters: 2; Confidential Listing: N; Franchise Opt In: No
Contract Information
Current Price: $1,470,000
Sold Price: $1,470,000
Status: Closed
Listing Contract Date: 2017-06-09
Property Sub Type: Business
Location Tax and Legal
Street Number: 952
Street Name: Big Tree
Street Suffix: Road
County: Volusia
State: FL
Postal Code: 32119
MLS Area Major: 25 - Daytona S of Beville, E of Nova
Property Features
Business Type: Industrial; Professional/Office
Current Use: Industrial
Sale Includes: Building & Land
Utilities: Separate Electric Meters; Separate Water Meters
Listing Office:
Coldwell Banker Commercial Benchmark
Last Updated: September - 28 - 2024
Information deemed reliable but not guaranteed.