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Key Details
Sold Price $960,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 11,365 sqft
Price per Sqft $84
Subdivision Comm Nonsub
MLS Listing ID OM565810
Sold Date 03/16/20
Full Baths 1
HOA Y/N No
Year Built 1987
Annual Tax Amount $8,072
Lot Size 0.900 Acres
Acres 0.9
Property Description
Incredibly flexible 11,365 SF warehouse on .90 Acres with M-2 zoning. Located along frontage road with easy access to the Interstate 75, Ocala International Airport, and SR 200 amenities. Priced at a 7.8% rate of return. The building is fully occupied with 6 tenants and Gross Rents of $92,508.06 and a NOI of $77,970.56. The size, location, and flexibility in use make these units very leasable. Owner has recently added new roof, parking lot, HVACs, and paint job.
Location
State FL
County Marion
Community Comm Nonsub
Zoning M-2 Heavy Industrial
Interior
Heating Electric
Furnishings Unfurnished
Fireplace false
Exterior
Exterior Feature Other
Attached Garage false
Garage false
Building
Story 1
Entry Level One
Lot Size Range 1/2 Acre to 1 Acre
Sewer Public Sewer
Water Public
New Construction false
Others
Special Listing Condition None
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Bought with OUT OF AREA REALTOR/COMPANY