Catylist ID:
#30379075
| Catylist Listing ID: | 30379075 |
| Property Subtypes: | Warehouse/Distribution |
| Building Size (RSF): | 71,650 SF |
| Gross Land Area: | 7.15 Acres |
| Sale Price: | $3,200,000 |
| Unit Price: | $44.66 PSF |
| Docks/Doors: | 30 Docks, 30 Doors |
| Office SF: | 3,000 SF |
| Drive In Bays: | 3 Bays |
| Property Use Type: | Net Leased Investment (NNN), Business |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 2/15/2019 |
Overview / Comments
|
The subject property is located at the southwest intersection of Gamble Street and along the west side of Mill Street across from The City of Tallahassee improved park “Tallahassee Junction" Park and Cascades Park Trail. 1.5 Miles SW of Downtown Tallahassee 1.1 Miles from Innovation Park 3.3 Miles to Tallahassee Regional Airport 7.10 Acres Light Industrial Warehouse Property Comprised of 5 Buildings with multiple office/storage bays, loading docks, electric and water in gated property with 2 entrances. General Zoning CU-45 Central Urban Future Land Use Designation CU Central Urban Five, One-Story Buildings. Concrete Block Construction. Total 71,660 Square Feet gross leasable area. 10,750 sf Approximate Office Space-Conditioned 60,900 sf Approximate Warehouse Space. 3 Phase Electric Units have overhead Garage Doors and Steel Entry doors Concrete Block, Steel Frame/Metal Roofing with Insulation Asphalt Paved Parking and roadways, partial non-paved Chain link Fencing with Barbed Wire top Two entrance gates. Tenants are month-to-month with a 90 day courtesy notice and several wish to continue leases. |
Attachments & Media
Additional Details
| Nearest MSA: | Tallahassee |
| County: | Leon |
| Taxing Authority: | Leon County |
| Tax ID/APN: | 41-02-20-429-000.0 |
| Zoning: | CU-45 |
| Property Located Between: | Gamble Rd, FAMU Way, Orange Avenue |
| Highway Access: | .2 mi to Hwy 363 - Orange Ave. .2 Mi to FAMU - FLorida A & M University .3 MI to FSU - Florida State University |
| Airports: | Tallahassee International Airport- 2 miles |
| Site Description: | Multi-Use property prime for redevelopment - housing - office - business -located across from Tallahassee Junction Park-an extension of Cascades Park Trail. .3 MI to FSU - Florida State University 2 Mi to FAMU - Florida A & M University FAMU Way being constructed and relocated at Eastern border of Property Surrounded by Southside Frenchtown Development district. Mutimodal transportation. |
| Tenancy: | Multiple Tenants |
| Total Number of Buildings: | 5 |
| Number of Stories: | 1 |
| Typical SF / Floor: | 13,500 SF |
| Property Condition: | Average |
| Year Built: | 1960 |
| Roof Type: | Barrel Shell |
| Construction/Siding: | Block |
| Exterior Description: | Concrete Block with concrete loading docks and asphalt paved parking areas |
| Parking Type: | Surface |
| Parking Description: | free parking spaces in front of buildings as well as large open areas on property. |
| Sprinklers: | None |
| X-Phase: | Three-Phase |
| Lighting: | Fluorescent |
| Interior Description: | Open warehouse with insulated metal roof, concrete flooring, half-baths in most units, some have small office spaces finished. |
| Zoning Description: | CU-45 |
| Lot Frontage: | City of Tallahassee Park, City of Tallahassee Drainage ditch |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
| Easements: | Utilities |
| Easements Description: | City Utilities |
| Land Ownership: | Owned with some leased units |
| Legal Description: | 2 1S 1W IN W 1/2 OF SE 1/4 |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 11,803 | 94,296 | 155,474 |
| Median Age: | 24.38 | 26.77 | 29.06 |
| Households: | 4,517 | 37,120 | 64,234 |
Contact
Debbie KirklandCentury 21 First StoryTALrex.com Member |
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