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36,000 SF Investment Warehouse

  SOLD August 2017 for $1,625,000

3807 65th Street, Vero Beach, Florida 32967


Building Size36,000 Square Feet
Land Size5.73 Acres
ZoningLight Industrial
WaterCounty
SewerCounty
ElectricFPL
Year Built1973

FEATURES:
-Central Indian River County Location
-Easement for future Rail Road Spur
-Three Phase Power
-Loading Dock
-Multiple tenants
-Plenty of Outside Storage Area
-Fenced Property
-Bay Doors in Front and Rear of Both buildings
-Excellent soil drainage
-Industrial Zoning allows many intense uses
-Outside Storage available for rent! $1.00 PSF

BUILDING SIZES:
3807 65th Street - 24,000 SF
3855 65th Street - 12,000 SF
AVAILABLE UNITS:
Unit # 2-5 - 6,000 SF can be divided = $6.00 PSF
YEAR BUILT: Both buildings were built in 1973
PROPERTY SIZE: 5.73 Acres
PROPERTY TAXES: $11,993.70 (2016 - Combined)
PROJECTED NOI: $164,000
RENTAL RATES: $5.50 - $6.00 PSF, Gross + Sales Tax
ZONING: (IL) Light Industrial
UTILITIES: County Well & Septic, FPL
CAP RATE: 9%
PRICE: $1,800,000


The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.

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