Sandblasting & Powder Coating Business in FL A 4,950 SF Industrial Building Cocoa, FL 32926 £606,473 (£122.52/SF) 10.32% Net Initial Yield
EXECUTIVE SUMMARY
This is a turnkey sale of both the business and real estate. The business has been operating successfully since 2004 and offers a strong CAP rate, providing excellent potential for future income.
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 |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
PROPERTY FACTS
| Price | £606,473 |
| Price Per SF | £122.52 |
| Sale Type | Investment or Owner User |
| Net Initial Yield | 10.32% |
| Sale Condition | Business Value Included |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 0.50 AC |
| Rentable Building Area | 4,950 SF |
| Number of Floors | 1 |
| Year Built | 1986 |
| Tenancy | Single |
AMENITIES
- 24 Hour Access
- Fenced Plot
- Yard
- Air Conditioning
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
ABOUT A , COCOA, FL 32926
Established Sandblasting and Powder Coating business for sale. This highly profitable and well-established operation includes the real estate in the sale. The current owner acquired the property in 2004 and transformed it into a fully operational hub for the business. The flexible warehouse design has been optimized for sandblasting and powder coating processes, supporting the company’s growth over the years. With a solid, established customer base and significant potential for further expansion, new owners have ample opportunity to grow by reaching out to new clients.
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PROPERTY TAXES
| Parcel Number | 24-35-23-00-00769.0-0000.00 | Total Assessment | £94,470 |
| Land Assessment | £45,504 | Annual Taxes | -£1 (£0.00/sf) |
| Improvements Assessment | £48,966 | Tax Year | 2023 |
ZONING
| Zoning Code | C-WAREHOUSING, DISTRIBUTI (4800 / C-WAREHOUSING, DISTRIBUTION AND TRUCKING TERMINAL, VAN & STORAGE WAREHOUSING (county) 48 / WAREHOUSING, DISTRIBUTION TERMINALS (state)) |
CONTACT
-
Luiz Santos - Pioneer Properties - Commercial Group
