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Listing ID 265343
Sold For$850,000
Status Closed
County Other County
Year Built 1963
Property Type Commercial Sale
Property Sub Type Industrial
Highly visible commercial center on the busy US Hwy 92W in Auburndale. 31,000 passing vehicles per day. Over 6,000 SF on 1.9 acres with over 130 parking spaces. Currently split into 4 separate units, 89% leased SF 5.35% Actual CAP rate, 9.14% pro forma with owner financing available.
County
Other County
Property Sub Type
Industrial
Property Type
Commercial Sale
Subdivision
Other
Year Built
1963
Cooling Type
Central Air
Flooring
Carpet, Vinyl
Heating
yes
Heating Type
Central
Levels
One
Stories
1
Stories Total
1
Construction Materials
Block, Concrete
Lot Features
1-3 Acres
Lot Size Dimensions
1.9
Lot Size Units
Acres
New Construction
no
Parking Total
130
Road Frontage Type
Highway
Roof
Rolled/Hot Mop, Shingle
Sewer
Septic Tank
Water Source
Public
Association Name
N/A
Building Area Total
6073
Directions
US Hwy 92 W in Auburndale, look for #1141.
MLS Area Major
Out of Area
Postal City
Out of Area
Street Number Numeric
1411
Unparsed Address
1411 US Hwy 92 W
Current Use
Retail
Human Modified
yes
Internet Automated Valuation Display
no
Internet Consumer Comment
no
Mls Status
Closed
Off Market Timestamp
2023-04-28T00:00:00+00:00
On Market Date
2023-01-11T00:00:00+00:00
Parcel Number
25281800000003200
Pending Timestamp
2023-04-17T00:00:00+00:00
Permission
IDX
Property Sub Type Additional
Industrial, Commercial
Status Change Timestamp
2023-04-28T14:06:08+00:00
Virtual Tour URL Unbranded
https://www.asteroom.com/pviewer?hideleadgen=1&token=C-TaCBBxJE6EiGmq0T_MhA
Zoning Description
Commercial
Buyer Office Name
NON MLS
Gross Income
73200
Insurance Expense
7031
Listing Terms
Cash, New Loan, Owner Will Carry
Net Operating Income
50792
Operating Expense
22408
Tax Legal Description
BEG 296.22 FT N OF SW COR OF SE1/4 OF NW1/4 CONT N 313.56 FT E 194.03 FT S 275.75 FT SWLY ALONG RD R/W 197.6 FT TO POB
Transaction Broker Compensation
2.5
Utilities Expense
6500
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Data services provided by IDX Broker
This material is based on information which we consider reliable, but because it has been supplied by third parties, we cannot represent that it is accurate or complete and should not be relied on as such. This offering is subject to errors, omissions, change of price or withdrawal without notice.