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300-330 S Yonge St
12,840 SF 81% Leased Industrial Building Ormond Beach, FL 32174 $1,450,000 ($113/SF)
Investment Highlights
- 330 S. Yonge Street (concrete block construction) is rented for $3,400/month (2,400 square feet) plus sales tax & utilities
- 326 S. Yonge Street (steel construction) is rented for $2,500/month (2,440 square feet) plus sales tax & utilities.
- Lease expires 09/24/2024. Roof installed 2018.
- Lease expires 01/31/2027. Rent increases to $2,600/month on 02/01/2025 and $3,000/month on 02/01/2026.
Executive Summary
ADD-VALUE by raising rents.
Ideal for an investor or an end-user that can occupy a portion of the property and collect rent to offset expenses.
Property Facts
| Price | $1,450,000 | Lot Size | 0.78 AC |
| Price Per SF | $113 | Rentable Building Area | 12,840 SF |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1973 |
| Property Subtype | Warehouse | Parking Ratio | 1.56/1,000 SF |
| Building Class | C |
| Price | $1,450,000 |
| Price Per SF | $113 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.78 AC |
| Rentable Building Area | 12,840 SF |
| No. Stories | 1 |
| Year Built | 1973 |
| Parking Ratio | 1.56/1,000 SF |
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
2,400 square feet of showroom space with a 2 private offices and garage space. Garage space has a 10x10 overhead door. Concrete building with parking on site. Large monument sign with excellent visibility on US-1 (S. Yonge Street). Located on S. Yonge Street (US-1) in Ormond Beach just south of Division Avenue. Easy access to I-95 and beachside.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 2,400 SF | Industrial | Shell Space | Now |
1st Floor
| Size |
| 2,400 SF |
| Space Use |
| Industrial |
| Condition |
| Shell Space |
| Available |
| Now |
1st Floor
| Size | 2,400 SF |
| Space Use | Industrial |
| Condition | Shell Space |
| Available | Now |
2,400 square feet of showroom space with a 2 private offices and garage space. Garage space has a 10x10 overhead door. Concrete building with parking on site. Large monument sign with excellent visibility on US-1 (S. Yonge Street). Located on S. Yonge Street (US-1) in Ormond Beach just south of Division Avenue. Easy access to I-95 and beachside.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $431,821 | |
| Land Assessment | $113,816 | Total Assessment | $545,637 |
PROPERTY TAXES
zoning
| Zoning Code | B-5 (Commercial) |
| B-5 (Commercial) |
-
Michael Baxter -
SVN | Alliance Commercial Real Estate Advisors
Presented by
300-330 S Yonge St
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