3065 FL-40 - Retail FOR SALE


Ormond Beach, FL 32174- Outer Ormand Beach
$1,450,000 USD
3065 FL-40, Ormond Beach, FL for Sale
$1,450,000 USD
Retail - FOR SALE
1/3
null | Request Cap Rate

3065 FL-40
Ormond Beach, FL 32174
Outer Ormand Beach


HIGHLIGHTS

  • Ormond Beach Income Property - Fully Leased 8+%

OVERVIEW

Ormond Beach Income Property - Fully Leased 5 Acres on West Granada Blvd(SR40) - The Arboretum Single Family Home - 2,000 SF - Wrap Around Porches 1 Year Lease - Rent is $2,400 Per Month Commercial Lease - Effective 1/1/26 - 12/31/32 $8,400 Per Month - 3% Annual Increases Tenant Responsible for Maintenance, Utilities and Liability Insurance No Requirement For Property Insurance Landlord Responsible for RE Tax($11,367) Gross Rental Income = $129,600 Net Operating Income = $118,233

FOR SALE DETAILS

PRICE

$1,450,000 USD

PRICE/SF

$361 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ormond Beach Income Property - Fully Leased 8

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

5 AC

LAND SF

217,800 SF

ZONING

A-2 in Volusia County

APN/PARCEL ID

4129-00-00-0056

ASK ABOUT THIS PROPERTY

Carl Lentz IVSVN | Alliance Commercial Real Estate AdvisorsMore Info

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Carl Lentz IVSVN | Alliance Commercial Real Estate AdvisorsMore Info

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.