2528-2530 Us-1
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2528-2530 Us-1
1,760 SF 100% Leased Office Building Saint Augustine, FL 32086 $749,900 ($426/SF) 8.16% Cap Rate
Investment Highlights
- Monument Signage Available
- Air conditioners replaced in 2022 and 2023
- Vacant unit recently renovated
- Roof replaced in 2015
- Water lines replaced in 2018 and water heater replaced in 2020
Executive Summary
We have a fantastic opportunity for you to own an office duplex in a prime location with high visibility and traffic flow. The fact that one unit is already leased and the other unit has been freshly updated with new paint and flooring makes it even more attractive for potential buyers or investors. Having the option to operate your own business in one unit while generating rental income from the other unit is a great way to maximize the property's potential. If you are considering selling or leasing out the vacant unit, it may be beneficial to showcase the property's key features, recent upgrades, and the potential for dual usage to attract interested parties. If you have any specific questions or need assistance with marketing this property, feel free to let me know!
Reroof 2015
New Water Lines 2016
New Hot Water Heater 2020
New HVAC 2022 and 2023
Each unit has a full private bathroom and public restroom.
Reroof 2015
New Water Lines 2016
New Hot Water Heater 2020
New HVAC 2022 and 2023
Each unit has a full private bathroom and public restroom.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
1,760 SF
Building Class
B
Year Built
1984
Price
$749,900
Price Per SF
$426
Cap Rate
8.16%
NOI
$61,192
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
1,760 SF
Building FAR
0.24
Land Acres
0.17 AC
Zoning
CG - Office Duplex, Retail
Parking
10 Spaces (5.68 Spaces per 1,000 SF Leased)
1 of 1
PROPERTY TAXES
| Parcel Number | 244780-0245 | Total Assessment | $201,806 |
| Land Assessment | $0 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $0 | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
244780-0245
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$201,806
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
-
Robert Bailey -
Anabasis Realty LLC
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2528-2530 Us-1
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