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Highway 92 Office and Warehouse 522 Magnolia Ave 4,510 SF Vacant Office Building Auburndale, FL 33823 $1,326,124 CAD ($294.04 CAD/SF) 10.74% Cap Rate
INVESTMENT HIGHLIGHTS
- Highway 92 Frontage for high exposure and visibility
- Multiple Office Rooms
- Office and/or Retail and Warehouse space on same property
EXECUTIVE SUMMARY
Ideal office of retail opportunity in the ever expanding Auburndale/Winter Haven submarket. The property offers a unique opportunity expand an office or retail preence in a busy area of Auburndale, combining a multi-functional office and/or retail service and an ample sized warehouse space for an operating business or storage. The property is currently operating as an office but can be transitioned to a dynamic retail operation. Prime Location with Frontage on Highway 92, offering excellent visibility and accessibility. Ideal for businesses or developers seeking ample square footage with a total of 4,510 sq ft. Features 5+ individual rooms tailored for office use, accommodating various business or service needs. Providing versatile storage or operational space with a spacious 2,970 sq ft of warehouse area. Convenient access with two separate warehouse doors, allowing flexibility for logistics and operations. Equipped with a dedicated kitchen space, making it convenient for staff meals and breaks. Includes a well-maintained bathroom for the convenience of employees and visitors.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
4,510 SF
Building Class
C
Year Built/Renovated
1951/2009
Price
$1,326,124 CAD
Price Per SF
$294.04 CAD
Cap Rate
10.74%
NOI
$142,384 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,510 SF
Building FAR
0.34
Lot Size
0.30 AC
Zoning
CH - Commercial Highway
AMENITIES
- Kitchen
- Reception
- High Ceilings
- Secure Storage
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | 25-28-11-332000-000310 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $576,481 CAD |
PROPERTY TAXES
Parcel Number
25-28-11-332000-000310
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$576,481 CAD
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Highway 92 Office and Warehouse | 522 Magnolia Ave
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