955 Orange Avenue, Daytona Beach, FL 32114 (MLS# 547857)

955 Orange Avenue, Daytona Beach, FL 32114

$1,300,000

Property Type: Commercial Sale Square Footage: 24,000 Status: Closed

Current Price: $1,300,000 List Date: 8/16/2013 Last Modified: 9/28/2024

Overview

Description

24,000 square foot multi-tenant commercial building, 100 % leased, 10% +- return, stable tenant base. Net rentable area approximately 23,660 square feet. 10 unit building, 8 tenants from 1,000 SF to 10,000 SF The site contains 1.896 acres with 330 feet of frontage on Orange Avenue. Tenants have been stable for past 5 years.

Listing Details MLS# 547857

General Property Information

Number Of Units Total: 10
Building Area Total: 24000
Year Built: 1980
Lot Size Dimensions: 82710
Association YN: No
Water Body Access YN: No
Waterfront YN: No
Directions: Two blocks east of Nova, south side of Orange av
Public Remarks: 24,000 square foot multi-tenant commercial building, 100 % leased, 10% +- return, stable tenant base. Net rentable area approximately 23,660 square feet. 10 unit building, 8 tenants from 1,000 SF to 10,000 SF The site contains 1.896 acres with 330 feet of frontage on Orange Avenue. Tenants have been stable for past 5 years.
List Price/SqFt: 58.13
Sold Price/SqFt: 54.17

Property Features

Building Features: Private Restroom; Public Restroom Business Type: Commercial; Convenience Store; Food & Beverage; Professional Service; Professional/Office; Retail Construction Materials: Aluminum Siding; Block; Concrete Cooling: Central Air; Zoned Current Use: Retail; Shopping Center Heating: Central; Zoned Location: Shopping Center Road Frontage Type: City Street; County Road; Highway; State Road Sale Includes: Building & Land Sewer: Public Sewer Utilities: Separate Electric Meters; Separate Water Meters Water Source: Public

Contract Information

Listing Contract Date: 2013-08-15
Property Sub Type: Business

Location Tax and Legal

Street Number: 955
Street Name: Orange
Street Suffix: Avenue
County: Volusia
State: FL
Postal Code: 32114
MLS Area Major: 32 - Daytona Beville to ISB, E of 95

Status Change Information

Major Change Timestamp: 2014-02-13T01:41:04Z
Major Change Type: Status Change
Contingent Date: 2013-10-07
Close Date: 2014-02-12
Close Price: 1300000

Income and Expenses

Gross Income: 189000
Net Operating Income: 146000

More Information

Historical Information

Public Historical Remarks 1: Zoning (Text): BR2; Construction: Metal; # Parking: 80; Interior Improvement: Display Window, Ground Level Door; Income/Operating Inc: Blend Rate: 146000, NOI: 146000; Meters: # Electric Meters: 11, # Water Meters: 1; Parking: Lighted, Paved; Site Improvements: Curb/Sidewalks, Gutters; Confidential Listing: N; % Occupancy: 100.00; Road Frontage: 330.00; Depth: 220.00; Commercial Property Name: 955 Orange Avenue; Financial Package: No; Franchise Opt In: No

Location, Tax, and Legal

Country: US
Parcel Number: 523904170010
Tax Annual Amount: 15169
Tax Year: 2012
Tax Legal Description: LOTS 1 TO 7 INC & LOTS 10 & 11 EXC S/LY 11 FT OF LOT 7 BLK 17 DAYTONA GARDENS MB 6 PG 44 PER OR 2704 PGS 1290-1291 PER OR 3404 PG 1668 PER OR 5808 PG 1066

Currently Not Used

Year Built: 1980
Accessibility Features YN: Yes

Construction Materials

Aluminum Siding: Yes
Block: Yes
Concrete: Yes

Cooling

Central Air: Yes
Zoned: Yes

Current Use

Retail: Yes
Shopping Center: Yes

Heating

Central: Yes
Zoned: Yes

Road Frontage Type

City Street: Yes
County Road: Yes
Highway: Yes
State Road: Yes

Sewer

Public Sewer: Yes

Utilities

Separate Electric Meters: Yes
Separate Water Meters: Yes

Water Source

Public: Yes

Building Features

Private Restroom: Yes
Public Restroom: Yes

Business Type

Commercial: Yes
Convenience Store: Yes
Food & Beverage: Yes
Professional Service: Yes
Professional/Office: Yes
Retail: Yes

Location

Shopping Center: Yes

Sale Includes

Building & Land: Yes

Listing Office: Adams, Cameron & Co., Realtors (Commercial)

Last Updated: September - 28 - 2024

Information deemed reliable but not guaranteed.

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