mixed use plaza

Industrial for Sale
Catylist Listing ID: 30511298
Property Subtypes: Light Industrial
Building Size (RSF): 9,600 SF
Gross Land Area: 5 Acres
Sale Price: $897,000
Unit Price: $93.44 PSF
In Opportunity Zone? Yes
Property Use Type: Net Leased Investment (NNN), Investment
Usable Size (USF): 9,600 SF
Sale Terms: Owner Financing
Cap Rate: Undisclosed
Last Updated: 6/14/2020

Overview / Comments

8 Unit 9,600 SF Income Producing Mixed Use Plaza on 5 acres.2 parcels. 1275' x 205' Lot. Retail in the front with industrial in the back. Currently one vacancy. Long term tenants. Potential Rental Income $85,200.00. Net Income $62,0000. Upside for additional income by utilizing the 400 x 205 vacant lot at the back of the property. Additional access to property from diagonal road and Little Road. Newly paved parking lot with substantial parking availability in the front of the plaza. (50 or more cars) Located in area of industrial and residential use near the Pasco and Hernando County Line.

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Pasco
Taxing Authority: pasco
Tax ID/APN: 1624130030002000061
Zoning: C2
Property Located Between: County Line Road and SR 52
Highway Access: US 19
Airports: Tampa
Site Description: 5 acres with US 19 frontage 4 miles from Spring hill/Hernando County Line. High traffic count due to Sun West Park in close proximity. 40,000 AADT
Area Description: Mixed residential and business surrounds the property
Tenancy: Multiple Tenants
Total Number of Buildings: 5
Number of Stories: 1
Property Condition: Average
Year Built: 1972
Roof Type: Flat
Exterior Description: concrete block, metal
Parking Type: Surface
Parking Description: Extensive parking available in front part of plaza
Zoning Description: C2 Mixed use
Lot Frontage: 200
Lot Depth: 1275

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 755 24,051 67,899
Median Age: 49.02 52.64 50.91
Households: 349 10,820 30,485
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