Opportunity Zone With Income Tallahassee, FL Industrial

Industrial for Sale
Catylist Listing ID: 30607516
Property Subtypes: Cold Storage, Flex Space, Free-Standing, Industrial-Business Park, Mixed Use, Light Industrial, Self Storage, Warehouse/Distribution
Building Size (RSF): 24,662 SF
Gross Land Area: 5.17 Acres
Sale Price: $1,695,000
Unit Price: $68.73 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: Opportunity zone light industrial with existing income.
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 70
Last Updated: 8/3/2020

Overview / Comments

Great property in an opportunity zone. Located near TCC, FSU and FAMU. Ideal uses include but are not limited to distribution and storage. Existing tenants willing to sign long term leases.

Additional Details

Nearest MSA: Tallahassee
County: Leon
Taxing Authority: Leon County
Tax ID/APN: 4104202120000
Zoning: LIGHT INDUSTRIAL (M1)
Property Located Between: Jackson Bluff and Appleyard
Highway Access: Approximately 2 miles for I-10
Airports: TLH
Site Description: Flat with approximately 4.5 fenced impervious acres.
Area Description: Light industrial uses in the path of FSU and TCC's growth.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Fair
Year Built: 1965
Roof Type: Flat
Construction/Siding: Block
Exterior Description: Block construction with loading doors.
Parking Type: Surface
Parking Description: Ample surface parking also fenced parking for additional rental income.
Sprinklers: None
Zoning Description: M1 (Light Industrial)
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,156 80,023 137,581
Median Age: 22.98 25.24 28.92
Households: 3,702 30,761 55,095

Contact

Photograph of Listing Agent

Brian S. Messer, CCIM

The Naumann Group Real Estate, Inc. TALrex.com Member
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