Industrial Investment

Industrial for Sale
Catylist Listing ID: 30769060
Property Subtypes: Flex Space, Free-Standing, Manufacturing, Mixed Use, Light Industrial, Office Showroom, Warehouse/Distribution
Building Size (RSF): 33,020 SF
Gross Land Area: 16 Acres
Sale Price: $850,000
Unit Price: $25.74 PSF
Docks/Doors: 2 Docks, 8 Doors
Office SF: 1,000 SF
Drive In Bays: 8 Bays
Property Use Type: Investment
Building Name: Former Round Trampoline
Usable Size (USF): 33,020 SF
Sale Terms: Cash to Seller
Average Occupancy Rate: 100
Last Updated: 11/22/2021

Overview / Comments

Large 16+ acreage industrial site west of Tallahassee with a total of 33,000+ SF of usable metal buildings. All of the three buildings on site are occupied. Upside rental on two of the leases as they are under rented. Attractive Price per square foot for a project of this size. Current NOI projected to be $73,758.00 for 2022.

Additional Details

Nearest MSA: Tallahassee
County: Gadsden
Taxing Authority: Gadsden County
Tax ID/APN: 3-22-2N-3W-0000-00314-0500
Property Located Between: Midway and Quincy
Highway Access: Highway 90 (Blue Star Highway)
Airports: Tallahassee Regional Airport
Site Description: Rolling property with a pond in the middle.
Tenancy: Multiple Tenants
Total Number of Buildings: 3
Number of Stories: 1
Typical SF / Floor: 7,500 SF
Property Condition: Average
Year Built: 1977
Year Renovated: 2005
Roof Type: Gable
Construction/Siding: Steel Frame
Exterior Description: Metal
Parking Type: Surface
Parking Description: Asphalt yard partially fenced
Eave Height: 16
Sprinklers: None
X-Phase: 400
Heat Source: Central
Air Conditioning: Engineered System
Lighting: Fluorescent
Internet Access: Cable
Interior Description: Exposed metal in the warehouses
Zoning Description: Industrial
Lot Frontage: 554
Lot Depth: 1373
Water Service: Municipal
Sewer Type: Municipal
Easements: Ingress/Egress
Easements Description: For Cellular Tower

View FullscreenMap

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 2,718 15,347
Median Age: 31.37 37.21
Households: 760 5,537
© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Tallahassee Board of REALTORS nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.