20 Acre, 2 parcel offering US301/Whitfield Ave.

Industrial for Sale
Catylist Listing ID: 30851325
Property Subtypes: Light Industrial, Warehouse/Distribution
Building Size (RSF): 31,000 SF
Gross Land Area: 20 Acres
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.

Attachments & Media

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

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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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