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300-330 S Yonge St 12,840 SF 81% Leased Industrial Building Ormond Beach, FL 32174 $2,008,119 CAD ($156.40 CAD/SF) 8.30% Cap Rate
INVESTMENT HIGHLIGHTS
- 330 S. Yonge Street (concrete block construction) is rented for $3,000/month (2,400 square feet) plus sales tax & utilities
- 326 S. Yonge Street (steel construction) is rented for $2,500/month (2,440 square feet) plus sales tax & utilities.
- Lease expires 01/31/2028. Roof installed 2018.
- Lease expires 01/31/2027. Rent increases to $2,600/month on 02/01/2025 and $3,000/month on 02/01/2026.
EXECUTIVE SUMMARY
Rare opportunity to purchase a property with existing warehouse space in Ormond Beach, FL.
ADD-VALUE by raising rents.
Ideal for an investor or an end-user that can occupy a portion of the property and collect rent to offset expenses.
ADD-VALUE by raising rents.
Ideal for an investor or an end-user that can occupy a portion of the property and collect rent to offset expenses.
PROPERTY FACTS
| Price | $2,008,119 CAD | Building Class | C |
| Price Per SF | $156.40 CAD | Lot Size | 0.78 AC |
| Sale Type | Investment | Rentable Building Area | 12,840 SF |
| Cap Rate | 8.30% | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1973 |
| Property Subtype | Warehouse | Parking Ratio | 1.56/1,000 SF |
| Zoning | B-5 - Commercial | ||
| Price | $2,008,119 CAD |
| Price Per SF | $156.40 CAD |
| Sale Type | Investment |
| Cap Rate | 8.30% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.78 AC |
| Rentable Building Area | 12,840 SF |
| No. Stories | 1 |
| Year Built | 1973 |
| Parking Ratio | 1.56/1,000 SF |
| Zoning | B-5 - Commercial |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
326 S. Yonge Street (steel construction) is rented for $2,500/month (2,440 square feet) plus sales tax & utilities.
| Space | Size | Space Use | Condition | Available |
| 1st Fl - 326 | 2,400 SF | Industrial | Shell Space | Now |
1st Fl - 326
| Size |
| 2,400 SF |
| Space Use |
| Industrial |
| Condition |
| Shell Space |
| Available |
| Now |
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Fl - 326
| Size | 2,400 SF |
| Space Use | Industrial |
| Condition | Shell Space |
| Available | Now |
326 S. Yonge Street (steel construction) is rented for $2,500/month (2,440 square feet) plus sales tax & utilities.
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $624,606 CAD | |
| Land Assessment | $159,834 CAD | Total Assessment | $784,441 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$159,834 CAD
Improvements Assessment
$624,606 CAD
Total Assessment
$784,441 CAD
1 of 14
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
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300-330 S Yonge St
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