231 Cardinal Ave - Great Mom & Pop Business and Property
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231 Cardinal Ave - Great Mom & Pop Business and Property
6,634 SF Specialty Building Offered at $1,750,000 at a 5.63% Cap Rate in Ormond Beach, FL 32176
Executive Summary
Well positioned investment in this one of a kind storage facility on Ormand Beach. CBS construction with ample room for outdoor storage for additional income. Very easy to manage from a distance. Proforma NOI will be in place with rent adjustments in the next 60 days. 100% occupied history and rent roll.
Property Facts
| Price | $1,750,000 | Lot Size | 0.15 AC |
| Price Per SF | $264 | Building Size | 6,634 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 5.63% | Year Built/Renovated | 1947/2003 |
| Property Type | Specialty | Tenancy | Single |
| Property Subtype | Self-Storage | Parking Ratio | 1.81/1,000 SF |
| Building Class | C | Clear Ceiling Height | 12 FT |
| Price | $1,750,000 |
| Price Per SF | $264 |
| Sale Type | Investment |
| Cap Rate | 5.63% |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 6,634 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1947/2003 |
| Tenancy | Single |
| Parking Ratio | 1.81/1,000 SF |
| Clear Ceiling Height | 12 FT |
Amenities
- Signage
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PROPERTY TAXES
| Parcel Number | 4223-29-00-0010 | Improvements Assessment | $369,850 |
| Land Assessment | $119,412 | Total Assessment | $489,262 |
PROPERTY TAXES
Parcel Number
4223-29-00-0010
Land Assessment
$119,412
Improvements Assessment
$369,850
Total Assessment
$489,262
zoning
| Zoning Code | B-7; PBD (Storage) |
| B-7; PBD (Storage) |
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Douglas DeSantis -
Strategic Realty Services, LLC
(561) 471-5353
x105
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231 Cardinal Ave - Great Mom & Pop Business and Property
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