Fully A/C Warehouse w/ 3 Phase 800 AMP Power

Industrial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30762733
Property Subtypes: Flex Space, Free-Standing, Industrial-Business Park, Manufacturing, Mixed Use, Light Industrial, Office Showroom, Warehouse/Distribution, Other
Status: Pending/Contingent
Building Size (RSF): 9,750 SF
Gross Building Area: See Agent
Gross Land Area: 0.36 Acres
Sale Price: $1,295,000
Unit Price: $132.82 PSF
Drive In Bays: 3 Bays
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/8/2021

Overview / Comments

+/- 9,750 SF warehouse is located in Pines Industrial Park that is fenced around the park with a security gate entry. This park allows for Heavy Manufacturing with easy access to 63rd Ave E. and US 301. This Warehouse includes around 1,625 sf of built out office space that has multiple private offices, 2 restrooms, reception, break area, and conference room. The remainder of the building has about 8,125 sf of A/C warehouse space. Attributes of this tough to come by property are listed below:

- Building can be clear space or divided into 6 units
- 20' Eave Height
- 3 Phase / 800 AMP Power
- Five 5 Ton A/C Units Cool the Warehouse with One 3.5 Ton A/C cooling the office.
- Community Loading Dock located next to this building
- Two 14 X 14 Overhead Doors and One 16 X 16 Overhead Door with an additional 12X12 Overhead Door that is currently not used
- Two electrical meters
- One water meter

Pine Industrial Park is Professional Managed. Yearly association fee and reserves are approx. $6200 a year and include:
Drainage Maint., Landscaping, Trash, All Roads, Fence/Gate, Retention Ponds, Loading Dock Area, Common Parking

Property is Occupied by three tenants. Leases are all expire Jan 1st. Buyer can utilize 100% of the building after Jan 1, 2022 or keep all or some tenants and renegotiate the terms to maximize income.

*All information should be verified before being relied on

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Manatee
Tax ID/APN: 1847140209
Zoning: HM
Property Condition: Average
Year Built: 2004
Eave Height: 20
Amps: 800
X-Phase: 3
Zoning Description: Heavy Manufacturing

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,866 88,650 198,622
Median Age: 31.24 43.63 44.84
Households: 3,519 37,495 85,601


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