$2,100,000
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Property Details
Calling all investors! Rare opportunity to find an 30,000SF industrial property in great condition Priced at 7.72% Cap Rate! The property consists of 5 buildings/warehouses on approx 7 acres. 90% Leased. The main building consists of 3 offices built out with mini offices, bathroom, and kitchenette. Top of the main building is built out with a bathroom. All buildings/ warehouses are constructed to industrial standards. Ceilings are insulated and plumbing already in the floor. 33 large roll-up doors and 17 private entrances. On a septic system and well water with a filtration system. 7 camera security system through Comcast. Fenced and gated. Zoned I2. Traffic count 15,000 on US Highway 98. Only 2 miles from the Sebring Raceway (Sebring 12 hours) hours) and Chateau Elan Hotel and Conference Center. Only 3 miles to US Highway 27. Centrally located and only two hours from Orlando, Tampa, and Naples. 4,517 Sq Ft House on 1.93 Acres Available (not included in sale). This great opportunity still has room to improve the existing CAP rate on your investment by leasing the minimal square footage still vacant.
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General Features
- Year Built 2005
- Association Y/N 0
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Building Features
- Architectural Style One Story
- Cooling Y/N 1
- Cooling Central Air, 1 Unit, Wall/Window Unit(s)
- Construction Materials Frame, Metal Siding
- Heating Central, Electric
- Flooring Concrete
- Window Features Single Hung
- Roof Metal
- Levels One
- Heating Y/N 1
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Property Features
- Frontage Length 700
- Lot Size Acres 6.4
- Sewer Septic Tank
- Water Source Private,Well
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Neighborhood
33876 (Sebring) Demographics
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Property History
Date | Price |
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-- | New Value: $2,100,000 |
2/10/2021 8:18:00 PM | New Value: $2,100,000 |
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**Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.