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: |
5/10/2023 |
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 |
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 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Gulf Coast CMLS nor
Moody's assume any liability for errors or omissions.
|
