Orange City, FL 32763,946 SHADICK DR
Orange City, FL 32763,946 SHADICK DR
Orange City, FL 32763,946 SHADICK DR
Orange City, FL 32763,946 SHADICK DR
Orange City, FL 32763,946 SHADICK DR
Orange City, FL 32763,946 SHADICK DR
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$405,000

$419,000

3.3%
Est.Price: ?

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Est. payment /mo

750 SqFt


SOLD DATE : 08/13/2020

Key Details

Sold Price $405,000

Property Type Commercial

Sub Type Industrial

Listing Status Sold

Purchase Type For Sale

Square Footage 750 sqft

Price per Sqft $540

Subdivision Garland Indust Center

MLS Listing ID O5818323

Sold Date 08/13/20

Construction Status Financing,Inspections

HOA Y/N No

Year Built 1985

Annual Tax Amount $6,186

Lot Size 0.630 Acres

Acres 0.63

Property Description

Great Investment Property at a rarely seen 9.5 CAP Rate based on current (seller provided) rent and expenses.
Also a good property for an owner-user of a small to midsize company.
Property is Currently occupied by a lawn company. The lawn company may vacat at the end of the year as they are looking for a larger space. They could be talked into staying in the case of an investor buyer or you may be able to find a new tenant at a higher rent or longer lease period.
Building is in good shape and the office area was recently remodeled.
Plenty of yard space and parking already. There is the possibility of annexing the land in the back from the city which could add another ~4000 SF. It is expected some minor filing fees are the only expenses involved in this.
There is room to expand the current building if the new buyer wishes.
Much information is owner provided and subject to verification and ordinary due diligence.
Showings during business hours to Pre-Approved or credit worthy buyers.

Location

State FL

County Volusia

Community Garland Indust Center

Interior

Cooling Office Only, Central Air

Flooring Concrete

Exterior

Waterfront false

Building

Story 1

Lot Size Range 1/2 to less than 1

Structure Type Metal Frame,Metal Siding

New Construction false

Construction Status Financing,Inspections

Others

Ownership Corporation

Special Listing Condition None

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Stellar MLS
Listed by RE/MAX CORE COLLECTION
Bought with SOUTHERN EXCLUSIVE REALTY CORP
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