566 Appleyard Drive

Industrial for Sale
Catylist Listing ID: 30372157
Property Subtypes: Free-Standing, Manufacturing, Light Industrial, Office Showroom, Warehouse/Distribution
Building Size (RSF): 27,500 SF
Gross Land Area: 1.39 Acres
Sale Price: $1,195,000
Unit Price: $43.45 PSF
Ceiling: 20 ft. Clear
Docks/Doors: 1 Dock, 13 Doors
Office SF: 1,000 SF
Drive In Bays: 9 Bays
Property Use Type: Investment, Vacant/Owner-User
Building Name: Johnstone Supply
Usable Size (USF): 27,500 SF
Sale Terms: Cash to Seller, Sale/Leaseback
Cap Rate: 10.0%
Last Updated: 5/20/2019

Overview / Comments

Freestanding Light Industrial Warehouse located on Tallahassee's west side with Frontage on Appleyard Drive on 1.39 acres of land. The building was metered in several square footage increments and is easily divisible with restrooms in appropriate areas. Building has 13 grade level doors and one dock high ramp on the exterior. Join other wholesale supply businesses in the area such as HD Supply, Anixter, Sherwin Williams and Fastenal to service the construction industry. Current occupant, Johnstone Supply, would like to lease the entire premises back after closing, until they relocate.

Additional Details

Nearest MSA: Tallahassee
County: Leon
Taxing Authority: Leon County
Tax ID/APN: 2133206070000
Zoning: LIGHT INDUSTRIAL
Property Located Between: Jackson Bluff Road and Pensacola Street
Highway Access: Appleyard Drive
Airports: Tallahassee Regional Airport
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 10,000 SF
Property Condition: Good
Year Built: 1994
Roof Type: Gable
Construction/Siding: Steel Frame
Exterior Description: Metal Warehouse
Parking Type: Surface
Parking Description: Parking in the front and along the side of the building.
Eave Height: 16
Sprinklers: None
Heat Type: Electricity, Suspended Radiant Heaters
Heat Source: Central, Ceiling Units
Air Conditioning: Engineered System
Lighting: Fluorescent
Internet Access: Cable
Interior Description: Front office showroom space of 3,500sf with the remainder of the building in open warehouse space.
Zoning Description: Light Industrial
Lot Frontage: 75
Lot Depth: 700
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee Simple
Legal Description: 33 1N 1W 1.39 A IN SE 1/4 OF SW 1/4 OR 1720/1086 1841/1937 2508/798(UT)

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,977 79,235 139,156
Median Age: 23.37 25.3 29.14
Households: 2,846 30,714 55,788
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