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BIG PRICE REDUCTION! Seasoned mo-to-mo tenant 317 S Volusia Ave 375 SF Retail Building Orange City, FL 32763 $481,592 CAD ($1,284.25 CAD/SF) 7.97% Cap Rate
INVESTMENT HIGHLIGHTS
- BIG RICE REDUCTION! Commercial property on large lot with seasoned tenants in place with a 7.5% CAP Rate.
- Excellent visibility with 115’ of highway frontage on busy 17-92 with 31,450 vehicles per day
- Zoning is Orange City commercial CG-1. City sewer and water tied in, plus an old well on the site
- Excellent condition with tenants taking care of the maintenance. Month to month lease so available to an end-user.
- Current structure on site is a former retail center/showcase for pool builder and consists of office space with covered porch and two enclosed pools.
- 1.45 acres lot with additional space for additional square footage or parking.
EXECUTIVE SUMMARY
BIG RICE REDUCTION!! Commercial property on large lot with seasoned tenants in place with a 7.5% CAP Rate.
Excellent condition with tenants taking care of the maintenance.
Month to month lease so available to an end-user.
1.45 acres lot with additional space for additional square footage or parking.
Excellent visibility with 115’ of highway frontage on busy 17-92 with 31,450 vehicles per day.
Current structure on site is a former retail center/showcase for prominent local pool builder and consists of office space with covered porch and two enclosed pools.
Zoning is Orange City commercial CG-1.
City sewer and water tied in, plus an old well on the site.
Lots of new development and population growth in the area.P
Excellent condition with tenants taking care of the maintenance.
Month to month lease so available to an end-user.
1.45 acres lot with additional space for additional square footage or parking.
Excellent visibility with 115’ of highway frontage on busy 17-92 with 31,450 vehicles per day.
Current structure on site is a former retail center/showcase for prominent local pool builder and consists of office space with covered porch and two enclosed pools.
Zoning is Orange City commercial CG-1.
City sewer and water tied in, plus an old well on the site.
Lots of new development and population growth in the area.P
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
375 SF
Building Class
B
Year Built
1997
Price
$481,592 CAD
Price Per SF
$1,284.25 CAD
Cap Rate
7.97%
NOI
$38,366 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.01
Lot Size
1.45 AC
Zoning
CG-1 commercial - General Commercial
Parking
4 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
115’ on Volusia Ave
AMENITIES
- Bus Line
- Pylon Sign
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Artesian Pools
- Construction
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Artesian Pools | Construction | - | - | - |
PROPERTY TAXES
| Parcel Number | 8011-08-25-0251 | Improvements Assessment | $133,841 CAD |
| Land Assessment | $144,994 CAD | Total Assessment | $278,835 CAD |
PROPERTY TAXES
Parcel Number
8011-08-25-0251
Land Assessment
$144,994 CAD
Improvements Assessment
$133,841 CAD
Total Assessment
$278,835 CAD
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BIG PRICE REDUCTION! Seasoned mo-to-mo tenant | 317 S Volusia Ave
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