1.55 Acre Industrial Site w/ 3 Buildings, Minutes to I-75

Industrial for Sale
Catylist Listing ID: 30763963
Property Subtypes: Free-Standing, Light Industrial
Building Size (RSF): 6,418 SF
Gross Building Area: See Agent
Gross Land Area: 1.55 Acres
Sale Price: $849,999
Unit Price: $132.44 PSF
Office SF: 1,904 SF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/20/2021

Overview / Comments

Hard to find Industrial site consisting of 1.55 acres of LM zoned land, along with a home/office building, and 2-work/storage buildings, all located just 1.7 miles or 5-minutes from I-75. The property is fully fenced and gated, all 3-buildings are located to the far east side of the site, leaving a large outside area suitable for parking or storage. There are currently 3-street lights that light up the yard area, along with 8-security cameras around the site.

The main building is a 2,108 sq. ft. residential home, once utilized as an office space. Excellent combination of living and working area with a covered entryway, several offices/bedrooms, large kitchen, reception/living area, 2-bathrooms, and enclosed rear porch. Owners recently had a new HVAC installed in the building, along with new ductwork and 10” of blown insulation.

There are 2 work buildings on site: a small 20’x20’ enclosed shed with power and overhead door; and a larger 4,000 sq. ft. open workshop. The workshop building is only partially enclosed, with single-phase power and a ceiling of 16’ to 20’, plus approximately 1,000 sq. ft. of mezzanine area for additional storage.

The property is currently Tenant occupied. PLEASE DO NOT DISTURB THE TENANT. All showings should be scheduled through the listing broker, for Monday through Friday during business hours. Please allow 24-hour notice to coordinate access with Tenant.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Manatee
Taxing Authority: Manatee County
Tax ID/APN: 809200009
Zoning: LM
Highway Access: 1.7 miles from Interstate 75
Site Description: Property is located on 17th Street East in Palmetto, Florida, just 1.7 miles or 5-min drive from Interstate 75.
Tenancy: Single Tenant
Total Number of Buildings: 3
Number of Stories: 1
Property Condition: Average
Year Built: 1971
Year Renovated: 1997
Parking Type: Surface
Sprinklers: None
X-Phase: Single
Lot Frontage: 220.0
Lot Depth: 308.0

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,708 55,124 138,117
Median Age: 42.29 41.94 42.56
Households: 1,497 22,158 55,814

Contact

Photograph of Listing Agent

Roberta J Kolton Cera

MICHAEL SAUNDERS & COMPANY MFCRE Member
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