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1320 12th St E

7,540 SF Industrial Building Palmetto, FL 34221 $1,475,000 ($196/SF) 6.30% Cap Rate

Warehouses Florida Palmetto 1320 12th St E, Palmetto, FL 34221

Executive Summary

Currently leased for one more year. Current tenant pays, $7700 per month, NNN. Please call anytime Monday thru Thursday, 9:00am to 6:00pm. Lobby, conference room, four more offices, one office is on second story. 20 parking spaces, plus more along the driveway. 400 amp service. Secure lot, fenced perimeter.

Property Facts

Price $1,475,000 Rentable Building Area 7,540 SF
Price Per SF $196 No. Stories 1
Sale Type Investment or Owner User Year Built 1989
Cap Rate 6.30% Tenancy Single
Property Type Industrial Parking Ratio 2.65/1,000 SF
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Manufacturing
  • Industrial Service
 Clear Ceiling Height 16 FT
Building Class C No. Drive In / Grade-Level Doors 4
Lot Size 0.57 AC
Price $1,475,000
Price Per SF $196
Sale Type Investment or Owner User
Cap Rate 6.30%
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Manufacturing
  • Industrial Service
Building Class C
Lot Size 0.57 AC
Rentable Building Area 7,540 SF
No. Stories 1
Year Built 1989
Tenancy Single
Parking Ratio 2.65/1,000 SF
Clear Ceiling Height 16 FT
No. Drive In / Grade-Level Doors 4

Amenities

  • Fenced Lot
  • Security System
  • Skylights
  • Yard
  • Reception

Utilities

  • Lighting - Fluorescent
  • Water - City
  • Sewer - City
  • Heating - Electric

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Kennedy Construction
  • Construction
  • 7,540 SF
  • $10.00
  • Triple Net
  • Sep 2025
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Kennedy Construction Construction 7,540 SF $10.00 Triple Net Sep 2025
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PROPERTY TAXES

Parcel Number 25825-0065-4 Improvements Assessment $343,142
Land Assessment $95,122 Total Assessment $438,264

PROPERTY TAXES

Parcel Number
25825-0065-4
Land Assessment
$95,122
Improvements Assessment
$343,142
Total Assessment
$438,264

zoning

Zoning Code CHI (Industrial)
CHI (Industrial)
(941) 350-5915

Contacts

  • Jeff Bauman
    Jeff Bauman Jeff Bauman
  • Jill Bauman
    Jeb Florida Enterprises Inc Jill Bauman
  • Jeff Bauman

  • Listing ID: 33193290

  • Date on Market: 9/16/2024

  • Last Updated:

  • Address: 1320 12th St E, Palmetto, FL 34221

More public record information on 1320 12th St E, Palmetto, FL 34221

The Industrial Property at 1320 12th St E, Palmetto, FL 34221 is currently available for sale. Contact Jeff Bauman for more information.

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1320 12th St E
(941) 350-5915 x

1320 12th St E

1/2

Jeff Bauman

(941) 350-5915

(941) 350-5915

Jill Bauman

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