2796 Hwy 98 W (3,136 SF on 1.1 Acre C-3)

Industrial for Sale
Catylist Listing ID: 30409211
Property Subtypes: Free-Standing, Mixed Use, Light Industrial, Warehouse/Distribution, Other
Building Size (RSF): 3,136 SF
Gross Land Area: 1.10 Acres
Sale Price: $349,000
Unit Price: $111.29 PSF
Docks/Doors: 4 Doors
Office SF: 168 SF
Drive In Bays: 2 Bays
Property Use Type: Vacant/Owner-User
Building Name: 2796 Hwy 98 W
Usable Size (USF): 3,136 SF
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 11/15/2019

Overview / Comments

3,163 SF metal building with new roof in 2018.
(168 SF office + 2,968 SF whse)

+/- 38,839 Traffic count.
4 roll-up doors, two drive-in and two on either end.
1.1 Acre (100' x 477.72' x 99.79' x 484')

Zoned C-3, Okaloosa County.
Water by Okaloosa County, septic, no sewer.
Building has 6" slab, and 4" footing that extends out from building in case owner wants to add brick facade or tilt-up.

Attachments & Media

Additional Details

Nearest MSA: Crestview-Fort Walton Beach-Destin
County: Okaloosa
Taxing Authority: Okaloosa County
Tax ID/APN: 17-2S25-0000-002-0250
Zoning: C-3
Property Located Between: Navarre Beach Bridges and Hurlburt Field
Highway Access: Hwy 98 Right in/Right Out.
Airports: Pensacola International Airport/Destin–Fort Walton Beach Airport
Site Description: 100' frontage on Hwy 98 x 484' x 99.79' x 477.72 Mostly cleared in the front and wooded in the back, room for lots of expansion.
Area Description: Busy Hwy 98 with great traffic counts of 39,000 +/-, retail area with lots of rooftops.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 3,136 SF
Property Condition: Average
Year Built: 1950
Roof Type: Folded Plate
Construction/Siding: Metal Siding
Exterior Description: Metal building with 4 roll up doors. Has 4" surrounding lip on 6" thick concrete pad to add brick or tilt-up veneer.
Parking Type: Surface
Parking Description: Cleared area around building.
Sprinklers: None
X-Phase: 3
Air Conditioning: Other
Lighting: Fluorescent
Internet Access: Cable
Interior Description: 168 SF +/- office with full bathroom and 2968 SF +/- warehouse, with 4 roll up doors (2-14' high/2-10' high).
Zoning Description: C-3, Okaloosa County. Allows for most anything except heavy industrial.
Lot Frontage: 100'
Lot Depth: 477.72
Water Service: Municipal
Sewer Type: Septic
Land Ownership: Fee Simple
Legal Description: On File

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,482 7,405 21,751
Median Age: 36.33 34.23 33.85
Households: 991 3,043 8,152

Contact

Photograph of Listing Agent

Wendi Summers Sampson

SVN | Southland Commercial Real Estate Gulf Coast CMLS Member
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