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5242 S ORANGE AVE Edgewood, FL 32809
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Key Details
Sold Price $1,190,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 9,746 sqft
Price per Sqft $122
MLS Listing ID O5883350
Sold Date 02/19/21
HOA Y/N No
Year Built 1971
Annual Tax Amount $10,367
Lot Size 0.930 Acres
Acres 0.93
Lot Dimensions 246.95 x 275.74 x 150
Property Description
One or more photo(s) has been virtually staged. 10% CAP RATE!! with future increases in rent (see attachments)!! First-rate LOCATION and/or RE-DEVELOPMENT OPPORTUNITY - high flexibility. The lease is on a month-to-month basis with a great tenant yet offers the ability to re-structure and do your own thing. GROUNDWATER SAMPLING completed 9/22/2020 conclusive: no volatile aromatics, naphthalene or TRPH were detected above test detection limits (clear - see attachment). ZONED C-3. Great location as this HIGH-TRAFFIC main road provides huge exposure with ~56,000 daily traffic count (orange county public records). The property has an extensive 150 sqft frontage and sits on a .93 acre lot that is 95% paved/impervious, with 14+ lined parking spaces, and plenty more ample space for additional capacity. On Orange Road, the property is situated amongst many other commercial businesses within a mile away. The main building at the front includes 4 roll-up doors at the front and 4 at the back (12 ft tall doors) and with tall ceilings (15 ft) - also includes two offices. We encourage you to get in contact for additional details as we'd like to understand your goals better to further assist you in your investment campaign. Do not miss out on seeing if this may be the IDEAL fit for you.
Location
State FL
County Orange
Zoning C-3
Interior
Heating Central, Electric
Cooling Office Only, Central Air
Flooring Concrete
Exterior
Parking Features 13 to 18 Spaces
Utilities Available Electricity Available, Public, Water Connected
Roof Type Concrete,Metal
Building
Lot Description Central Business District, Curb and Gutters, City Limits, Paved
Entry Level One
Foundation Slab
Lot Size Range 1/2 to less than 1
Sewer Public Sewer, Septic Tank
Structure Type Block,Concrete,Metal Frame,Metal Siding
New Construction false
Others
Ownership Other
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with CARE NETWORK REALTY LLC
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Panagiotis Peter Sarantidis
Licensed Real Estate Sales Professional | License ID: 3332095