658 NW Lovejoy Rd F

Industrial for Sale
Catylist Listing ID: 29993199
Property Subtypes: Flex Space, Industrial-Business Park, Mixed Use, Other
Building Size (RSF): 20,751 SF
Gross Land Area: 1 Acre
Sale Price: $1,350,000
Unit Price: $65.06 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 2/22/2024

Overview / Comments

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.

Additional Details

Nearest MSA: Crestview-Fort Walton Beach-Destin
County: Okaloosa
Tax ID/APN: 08-2S-24-0000-0002-002A
Tenancy: Multiple Tenants
Property Condition: Good

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,126 41,999 62,287
Median Age: 36.96 36.79 38.1
Households: 2,307 17,420 26,517

Contact

Photograph of Listing Agent

Oxana Solovieva

OxanaSol Real Estate Gulf Coast CMLS Member
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