1.51+/- Acre Corner Site With Income

Retail-Commercial for Sale
Also listed as Vacant Land
Catylist Listing ID: 30372514
Property Subtypes: Car Wash, Convenience Store, Free-Standing Building, Restaurant, Service Station/Gas Station, Street Retail, Vehicle Related
Building Size (RSF): 4,370 SF
Gross Building Area: See Agent
Gross Land Area: 1.51 Acres
Sale Price: $579,900
Unit Price: $132.70 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/15/2019

Overview / Comments

1.51+/- Acres For Sale. Corner Site with median cut.
Could land bank with income until redeveloped.
OWNER WILL CONSIDER HOLDING FINANCING.
230+/- feet of frontage on Woodland Boulevard.
Income producing with five buildings on the property totaling 4,370 SF.
$60,000 potential annual income from 5 tenants with additional buildings leased.
Bldg 1: 1,600 SF warehouse w/ overhead door - leased.
Bldg 2: 320 SF office - leased.
Bldg 3: 305 SF warehouse - available for lease.
Bldg 4: 1,024 SF office - leased.
Bldg 5: 1,120 SF service shop - available for lease.
Zoning permitted uses include: Automobile sales or rental, Convenience stores, Fast food, Financial institutions, General offices, Hardware/Home improvement retail center, Pawnshops, Restaurants, Retail sales and services, Veterinary clinics, and Car washes as a permitted special exception.

Located on the southwest corner of Woodland Boulevard and Mercers Fernery Road and approximately 0.6 miles north of International Speedway Boulevard.
Many nearby retailers including Walmart Supercenter, Publix, Chili's Grill & Bar, and Hampton Inn & Suites.

Attachments & Media

Additional Details

Nearest MSA: Deltona-Daytona Beach-Ormond Beach
County: Volusia
Tax ID/APN: 6033-00-00-0282
Zoning: VOLUSIA COUNTY: B-4CA
Property Visibility: Excellent
Tenancy: Multiple Tenants
Total Number of Buildings: 5

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,838 22,691 61,513
Median Age: 47.84 41.14 42.23
Households: 1,138 9,132 24,370

Contact

Photograph of Listing Agent

John W. Trost, CCIM

SVN | Alliance Commercial Real Estate Advisors
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