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700 S Milwee St

12,895 SF 100% Leased Industrial Building Longwood, FL 32750 £1,702,970 (£132/SF)

Executive Summary

12,000 st warehouse with 7 fully rented bays. There are 4 1500 sf bays, one 4,000 and one 2000 sf bays. All rented at way below market rents at about $10.00 psf. New owners can increase rents to current market rates of $14 to $15 psf. Which will produce a very attractive cap rate. I get calls all the time due to the great location . Updated main electrical service. The building is on city sewer with a larger lot. Roof is in excellent condition. Owner financing is an option. Call to view the property and for more information. Call Roy Zimmer at 407-620-6014 for more information.

Property Facts

Price £1,702,970
Price Per SF £132
Sale Type Investment
Sale Conditions REO Sale
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Service
Building Class C
Lot Size 1.00 AC
Rentable Building Area 12,895 SF
Number of Floors 1
Year Built 1972
Parking Ratio 3.49/1,000 SF
Clear Ceiling Height 15 ft

Amenities

  • Fenced Lot

Utilities

  • Water
  • Sewer

zoning

Zoning Code IND
IND
  • Listing ID: 34162351

  • Date on Market: 11/12/2024

  • Last Updated:

  • Address: 700 S Milwee St, Longwood, FL 32750

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