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Address Not Available By Request

Port Richey, FL 34668
  • $2,550,000
  • STATUS: Active
  • ON SITE: 110 Days
  • MLS #: U8155582
UPDATED: 49 min ago
$2,550,000
  • 0
    BEDS
  • 0.66
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 23,161
    SQFT
  • $110
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2003
County:
Area:

School Ratings & Info

Description

GREAT INVESTMENT! Over 23000 sqft of immaculate industrial warehouse space is now available! The property has 4 total income-producing units with long-term tenants; paying below-market rent resulting in a huge value-add. The average rent is about $6 sqft. While the market is ranging from $9.50-to $15. Additional Parcel for Sale: 1.36 Acer industrial property ready to be built for an additional $350,000, right across the street. The estimated amount of warehouse space available for this lot is about 11,000-13,000 sqft. Conservatively projecting a $77,500 - $92,750 NOI at $8.50 sqft which is significantly below the market for new construction industrial space. *THIS VACANT LAND IS NOT INCLUDED IN LISTING PRICE* PLEASE CONTACT THE LISTING OFFICE TO EXECUTE THE NDA. UPON EXECUTION OF AN NDA; THE FINANCIAL PACKET WILL BE RELEASED. DO NOT GO TO PROPERTY! TENANTS ARE NOT AWARE OF THE SALE! PLEASE CALL THE LISTING AGENT OR THE LISTING OFFICE!

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© 2022 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2022-07-06T20:43:20.913.
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Address Not Available By Request Port Richey, FL 34668

  • Price: $2,550,000
  • Status: Active
  • On Site: 110 Days
  • Updated: 49 min ago
  • MLS #: U8155582
0
Beds
0
Baths
0
½ Baths
0.66
Acres
23,161
SQFT
$110
$/SQFT
2003
Built
Neighborhood:
Galway Sub
County:
Pasco
Area:
Port Richey
Property Description
GREAT INVESTMENT! Over 23000 sqft of immaculate industrial warehouse space is now available! The property has 4 total income-producing units with long-term tenants; paying below-market rent resulting in a huge value-add. The average rent is about $6 sqft. While the market is ranging from $9.50-to $15. Additional Parcel for Sale: 1.36 Acer industrial property ready to be built for an additional $350,000, right across the street. The estimated amount of warehouse space available for this lot is about 11,000-13,000 sqft. Conservatively projecting a $77,500 - $92,750 NOI at $8.50 sqft which is significantly below the market for new construction industrial space. *THIS VACANT LAND IS NOT INCLUDED IN LISTING PRICE* PLEASE CONTACT THE LISTING OFFICE TO EXECUTE THE NDA. UPON EXECUTION OF AN NDA; THE FINANCIAL PACKET WILL BE RELEASED. DO NOT GO TO PROPERTY! TENANTS ARE NOT AWARE OF THE SALE! PLEASE CALL THE LISTING AGENT OR THE LISTING OFFICE!
Exterior Features

Construction Materials Metal FrameMetal Siding Covered Spaces 0 Foundation Details Slab Open Parking YN No Road Frontage Type City Street Road Surface Type Asphalt Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Building Area Total 23161 Cooling Central Air Cooling YN Yes Heating YN Yes Levels One

Property Features

Flood Zone Code X500 New Construction Yn No Ownership Corporation Property Sub Type Warehouse Special Listing Conditions None Tax Annual Amount 13466 Total Annual Fees 0 Total Monthly Fees 0


Listing information © 2022 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of Brokers International Real Estate.



© 2022 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2022-07-06T20:43:20.913.
 
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