4 Commerce Drive
Industrial
for Sale
| Catylist Listing ID: |
30577857 |
| Property Subtypes: |
Flex Space, Industrial-Business Park, Manufacturing, Light Industrial, Warehouse/Distribution
|
| Building Size (RSF): |
9,260 SF
|
| Gross Land Area: |
0.57 Acres
|
| Sale Price: |
$995,000 |
| Unit Price: |
$107.45 PSF |
| Ceiling: |
20 ft. / 18 ft. Clear |
| Docks/Doors: |
1 Dock, 5 Doors |
| Property Use Type: |
Investment, Business |
| Building Name: |
Himes Signs |
| Usable Size (USF): |
9,260 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
3/24/2021 |
Overview / Comments
Long standing industrial complex with 2364 sq ft of office space and 6036 sq ft of warehouse and industrial work space. Total of 8,400 sq ft of space under-roof. A brand new roof with double insulation installed in late 2019. A fenced in 0.28 acre vacant parcel on the east side for additional storage and use is also available separately for $350k. Complex and Commerce Drive is centrally located in Old Destin commercial zone between Azalea Drive and Mountain Drive. The office space is divided into 4 units, each with its own HVAC system. RE Taxes $3352.
|
Additional Details
| Nearest MSA: |
Crestview-Fort Walton Beach-Destin |
| County: |
Okaloosa |
| Taxing Authority: |
Okaloosa County |
| Tax ID/APN: |
00-2S-22-475B-0000-00A0 |
| Zoning: |
COMMERCIAL |
| Property Located Between: |
Azalea Drive and Mountain Drive |
| Highway Access: |
Two blocks to Hwy 98 |
| Airports: |
Destin Private Airport and Destin Fort Walton Beach Regional Airport |
| Site Description: |
The complex site sits on 0.57 acres comprised in the industrial area of old Destin on Commerce Drive. |
| Area Description: |
The first true commercial zone in Destin between Mountain and Azalea Drvies. |
| Tenancy: |
Single Tenant |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Property Condition: |
Average |
| Year Built: |
1986 |
| Year Renovated: |
2019 |
| Roof Type: |
Flat |
| Construction/Siding: |
Metal Siding |
| Exterior Description: |
Metal siding building with loading ramp and three roll-up industrial loading doors. |
| Parking Type: |
Surface |
| Parking Description: |
Asphalt surface |
| Total Parking Spaces: |
22 |
| Eave Height: |
18 |
| Sprinklers: |
None |
| Heat Type: |
Electricity |
| Heat Source: |
Central |
| Air Conditioning: |
Engineered System |
| Lighting: |
Fluorescent |
| Internet Access: |
Cable |
| Interior Description: |
Concrete floor with carpet in office area. |
| Zoning Description: |
Commercial and light industrial |
| Lot Frontage: |
160' |
| Lot Depth: |
155' |
| Water Service: |
Municipal |
| Sewer Type: |
Septic |
| Easements: |
Utilities |
| Land Ownership: |
Fee simple |
| Legal Description: |
BLUE GULF S/D LOT A |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
5,728 |
10,691 |
22,885 |
| Median Age: |
40.81 |
39.82 |
40.36 |
| Households: |
2,516 |
4,580 |
9,655 |
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