$1,350,000
Fort Walton Beach, FL 32548
MLS# 757173
1 / 5
Property Description
GREAT INCOME PRODUCING PROPERTY IN INDUSTRIAL PARK OF FWB. OFFICE AND FLEX/ WAREHOUSE SPACE. CURRENTLY FULLY OCCUPIED. THE CURRENT RENTS ARE BELOW THE MARKET, BUT THERE IS A LOT OF POTENTIAL FOR INCREASES. RENT ROLLS ARE AVAILABLE UPON REQUEST. THE CURRENT CAP RATE IS ~7%. TWO PARCELS ARE INCLUDED IN SALE: TOTAL OF 20,751 SQFT BUILDING ON 1 ACRE LOT.
Details
None
Current Price: $1,350,000
Status Change Info
Status: Active
Contract Info
GCCMLS Number: 29993199
List Date: 2016-07-15
List Price: $1,350,000
Listing Board: Emerald Coast
Location, Tax and Legal
Area: 12 - Fort Walton Beach
Street #: 658
Street Direction: NW
Street Name: LOVEJOY
Street Suffix: Road
State: FL
Zip Code: 32548
County: Okaloosa
Sub Area: 1205 - Overbrook/Pinedale
Parcel ID: 08-2S-24-0000-0002-002A
Legal Description: BEG 66 FT S & 293 FT W OF NE COR OF SE1/4 OF SE1/4 W 100 FT S 208 FT E 100 FT N 208 FT TO BEG
General Property Info
Vacant: No
Acreage: 1
Listing Info, Tax & Legal
As Is: Yes
Remarks & Misc
Remarks: GREAT INCOME PRODUCING PROPERTY IN INDUSTRIAL PARK OF FWB. OFFICE AND FLEX/ WAREHOUSE SPACE. CURRENTLY FULLY OCCUPIED. THE CURRENT RENTS ARE BELOW THE MARKET, BUT THERE IS A LOT OF POTENTIAL FOR INCREASES. RENT ROLLS ARE AVAILABLE UPON REQUEST. THE CURRENT CAP RATE IS ~7%. TWO PARCELS ARE INCLUDED IN SALE: TOTAL OF 20,751 SQFT BUILDING ON 1 ACRE LOT.
Office/Member Info
Cooperative Comp: 2
Cooperative Comp Type: %
Income Producing
Property Type: Other (See Remarks)
Industrial
Building SqFt: 20751
Property Type: Flex Space
Office
# of Units: 3
Other
# of Units: 3
Property Features
Class: Income Producing; Industrial; Office; Other
Construction Status: Existing
Listing Office: OxanaSol Real Estate
Last Updated: July - 12 - 2023
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.
Friday 10th of May 2024 12:48 PM
