20 Acre, 2 parcel offering US301/Whitfield Ave.
Industrial
for Sale
Catylist Listing ID: |
30851325 |
Property Subtypes: |
Light Industrial, Warehouse/Distribution
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Building Size (RSF): |
31,000 SF
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Gross Land Area: |
20 Acres
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Sale Price: |
$22,275,000 |
Unit Price: |
$718.55 PSF |
Ceiling: |
23 ft. Clear |
Drive In Bays: |
12 Bays |
Property Use Type: |
Investment, Vacant/Owner-User |
Building Name: |
Synergy-Centec |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
9/1/2023 |
Overview / Comments
This is a 2 parcel offering. 7.5 acres on the corner with 2 bldgs. and a 12.6 acre parcel to the south with one 24,000 SF bldg. Both properties have multiple tenants with shorter lease terms and can be cancelled with notice by landlord/owner. Owner may consider selling separately but prefers to sell both. If selling separately, southern parcel will need to close first.
North parcel (corner parcel) has a small amount of petroleum contamination that has been identified and in the process of clean-up. It's not a large area, just somewhat near one of the warehouse buildings.
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Additional Details
Nearest MSA: |
North Port-Sarasota-Bradenton |
County: |
Manatee |
Taxing Authority: |
Manatee county |
Tax ID/APN: |
1976400000 |
Zoning: |
HM - HEAVY MANUFACTURING |
Highway Access: |
Whitfield Ave to US301
26th Ct E to Tallevast |
Site Description: |
Both properties have a fair amount of gravel base and some asphalt. Southern parcel nicely improved. Retention is overbuilt. |
Total Number of Buildings: |
3 |
Number of Stories: |
1 |
Eave Height: |
24 |
Sprinklers: |
Wet |
X-Phase: |
3 |
Interior Description: |
Clean and well-kept. Truck maintenance design building. Lots of good office space with break room, bathrooms, showers, reception/lobby area. (southern 24,000 SF bldg) |
Zoning Description: |
Heavy Manufacturing |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
5,706 |
75,446 |
190,710 |
Median Age: |
41.74 |
46.05 |
45.04 |
Households: |
2,282 |
33,022 |
82,408 |
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