800 Main St E
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800 Main St E
21,573 SF Industrial Building Immokalee, FL 34142 $3,128,085 ($145/SF) 5.62% Cap Rate
Investment Highlights
- Value-Add current lease is at below market rent with 2, 5-year options that renew at market rate.
Executive Summary
This industrial investment opportunity at 800 E Main St, Immokalee, FL, offers a solid, fully leased property with significant potential for value appreciation. Set in a prime location close to major transportation routes, this property benefits from Immokalee's growing infrastructure and reputation as a key agricultural hub. With a lease renewal approaching in 2027, there is an opportunity to adjust rents to current market rates, enhancing the asset’s future returns. This property is well-positioned for investors looking to capitalize on Immokalee’s expanding industrial landscape and its strategic access to Southwest Florida’s agricultural supply chains.
Property Facts
Price | $3,128,085 | Rentable Building Area | 21,573 SF |
Price Per SF | $145 | No. Stories | 1 |
Sale Type | Investment NNN | Year Built | 1966 |
Cap Rate | 5.62% | Tenancy | Single |
Property Type | Industrial | Parking Ratio | 0.46/1,000 SF |
Property Subtype | Warehouse | No. Dock-High Doors/Loading | 6 |
Building Class | C | No. Drive In / Grade-Level Doors | 9 |
Lot Size | 1.17 AC | Opportunity Zone |
Yes
|
Price | $3,128,085 |
Price Per SF | $145 |
Sale Type | Investment NNN |
Cap Rate | 5.62% |
Property Type | Industrial |
Property Subtype | Warehouse |
Building Class | C |
Lot Size | 1.17 AC |
Rentable Building Area | 21,573 SF |
No. Stories | 1 |
Year Built | 1966 |
Tenancy | Single |
Parking Ratio | 0.46/1,000 SF |
No. Dock-High Doors/Loading | 6 |
No. Drive In / Grade-Level Doors | 9 |
Opportunity Zone |
Yes |
Amenities
- Fenced Lot
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PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $782,414 | |
Land Assessment | $184,050 | Total Assessment | $966,464 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$184,050
Improvements Assessment
$782,414
Total Assessment
$966,464
zoning
Zoning Code | I |
I |
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800 Main St E
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