Catylist ID:
#30424934
75,000 sf Light Industrial For Sale - Commonwealth Business Park
Industrial
for Sale
| Catylist Listing ID: | 30424934 |
| Property Subtypes: | Flex Space, Industrial-Business Park, Light Industrial, Warehouse/Distribution |
| Building Size (RSF): | 75,000 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 7.80 Acres |
| Sale Price: | $4,325,000 |
| Unit Price: | $57.67 PSF |
| Docks/Doors: | 2 Docks, 2 Doors |
| Drive In Bays: | 2 Bays |
| Property Use Type: | Investment, Vacant/Owner-User |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 5/20/2019 |
Overview / Comments
|
A rare, large industrial/flex facility for sale near I-10, this industrial flex facility has the ability for a regional operations or headquarters with need for professional, distribution, manufacturing and storage. The structure is in excellent condition and additional land allows for expansion needs if necessary. Another 32 acres adjacent of different ownership could also be assembled for larger operation (not included in this sale). |
Attachments & Media
Additional Details
| Nearest MSA: | Tallahassee |
| County: | Leon |
| Taxing Authority: | City of Tallahassee |
| Tax ID/APN: | 211931B0030 / 211931C0050 |
| Zoning: | M-1 |
| Highway Access: | Hartsfield Road, Commonwealth Blvd and Interstate-10 (1/2 mile) |
| Site Description: | Located within the Commonwealth Business Park and less than 1 mile from US Interstate 10, the site consists of 6.14 acres of improved land with adjacent 1.66 acres vacant parcel for additional outside storage, parking or annex. The parcels are zoned M-1 in the City limits with onsite utilities and stormwater. An adjacent 32.7 acre parcel is also available from a different ownership group if a large site need is required (not included as part of this listing) |
| Tenancy: | Single Tenant |
| Total Number of Buildings: | 1 |
| Number of Stories: | 1 |
| Year Built: | 1995 |
| Construction/Siding: | Aluminum Siding, Block, Steel Frame |
| Exterior Description: | The structure is a steel-frame with block/stucco split-face facade wrap. The roof is aluminum metal in excellent condition. |
| Parking Type: | Surface |
| Parking Description: | Onsite, Secured |
| Total Parking Spaces: | 120 |
| Sprinklers: | None |
| Amps: | 1,000 |
| Volts: | 480 |
| X-Phase: | 3-Phase |
| Interior Description: | 45% professional office and 55% warehouse w/ ability to convert up to 85% warehouse |
| Zoning Description: | M-1 (City) |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 7,390 | 71,011 | 129,007 |
| Median Age: | 24.47 | 26.31 | 28.37 |
| Households: | 3,220 | 28,449 | 51,243 |
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