66 Industrial Court, Freeport, FL 32439 (MLS# 773556)

Description

5000 sq ft warehouse located in Freeport. Has fenced in yard for vehicle and outdoor inventory storage. Within building, approximately 800 sq ft climatized office space. Sale includes commercial grade racks around interior perimeter for storage. Forklift is negotiable. Newly remodeled office space with two bathrooms and shower. space is currently leased to national tenant for 3 years with option to renew. CAP RATE 8.2 at list price!

Contract Info

Listing Board: Emerald Coast List Date: 2017-04-17 List Price: $379,000

Location, Tax and Legal

Sub Area: 2006 - N. of 20 to Hwy 331 Legal Description: LOT 7 FREEPORT INDUSTRIAL PARK DESC AS: COM AT THE INTSEC OF THE SOUTH LINE OF SEC 34 AND THE ELY ROW OF ST RD 83, INTSEC LYING ON A CURVE CONCAVE SELY AND HAVING A RAD OF 5729.65 FT; THENCE NELY ALONG ELY ROW LINE AN ARC DIST OF 701.08 FT THRU A CENTRAL ANGLE OF 07 DEG 00'38 (CHORD BEARING AND DIST OF = N 17 DEG 59'00E 700.64 FT), THENCE ELY ALONG AN ARC CONCAVE TO THE NORTH AND HAVING A RADIUS O

General Property Info

Listed on GCCMLS: Yes Property Information: warehouse/flex space 5000 sq ft with 0.8 Ac fenced in yard. Vacant: No Immediate Occupancy: No Zoning: Industrial Park Acreage: 0.82

Listing Info, Tax & Legal

As Is: Yes

Remarks & Misc

Remarks: 5000 sq ft warehouse located in Freeport. Has fenced in yard for vehicle and outdoor inventory storage. Within building, approximately 800 sq ft climatized office space. Sale includes commercial grade racks around interior perimeter for storage. Forklift is negotiable. Newly remodeled office space with two bathrooms and shower. space is currently leased to national tenant for 3 years with option to renew. CAP RATE 8.2 at list price!

Class

Income Producing: 1 Industrial: 1

Construction Status

Existing: 1

Industrial

# Ground Level Doors: 3 Building SqFt: 5000 Year Built: 2004 Property Type: Warehouse

Income Producing

Property Type: Industrial

None

Current Price: $367,000

Status Change Info

Status: Sold Under Contract Date: 2019-02-13 Sold Date: 2019-03-29 Sold Price: $367,000

Location Tax and Legal

Area: 20 - Freeport Street #: 66 Street Name: Industrial Street Suffix: Court State: FL Zip Code: 32439 County: Walton Parcel ID: 34-1N-19-17000-002-0053

Property Features

Class: Income Producing; Industrial Construction Status: Existing