1899 N US Highway 1, Ormond Beach, FL 32174
$11,000,000
Property Type:
Commercial Sale
Square Footage:
193,297
Status:
Closed
Current Price:
$11,000,000
List Date:
5/09/2019
Last Modified:
9/28/2024
Description
Investment opportunity - Multi-tenant building or potentially owner occupied with tenants.
Ideal for Food production, bakery, distribution, retail storage, ecommerce, warehousing and fulfillment.
Food/Produce production area - separated room with floor drains – 9,000 sq. ft. +/-
Meat production area - separate room with floor drains – 9,000 sq. ft. +/-
Suitable for dry or food items.
Building is food grade rated.
38,000 dry area fully racked, approx. 2500 positions, 10 ft aisles, racking in good condition.
Included dock area is approx. 5000 sq. ft. with 8 doors.
40,000 dry area non-racked open space available in 3 months with floor drains.
Executive offices approximately 4,000 sq. ft.
Bailer can be included.
Battery charging stations available.
Supplements: Office space upto 6380 sq. ft. on second floor. Refrigerated area is 24000++ sq. ft. Currently available Dock space can be allocated as mutually agreed, many dock areas are temperature controlled or can be left ambient Separate building 3600 sq ft with truck sized doors and approximately 400 sq. ft. of offices Current tenant with 5 year NNN lease in place for 70,000 sq. ft. of refrigerated/freezer space
More Information MLS# 1057329
General Property Information
Association YN: No
Water Body Access YN: No
Waterfront YN: No
Directions: Located West of I95 situated on 24.2 Acres with a retention ponds
Public Remarks: Investment opportunity - Multi-tenant building or potentially owner occupied with tenants.
Ideal for Food production, bakery, distribution, retail storage, ecommerce, warehousing and fulfillment.
Food/Produce production area - separated room with floor drains – 9,000 sq. ft. +/-
Meat production area - separate room with floor drains – 9,000 sq. ft. +/-
Suitable for dry or food items.
Building is food grade rated.
38,000 dry area fully racked, approx. 2500 positions, 10 ft aisles, racking in good condition.
Included dock area is approx. 5000 sq. ft. with 8 doors.
40,000 dry area non-racked open space available in 3 months with floor drains.
Executive offices approximately 4,000 sq. ft.
Bailer can be included.
Battery charging stations available.
Building Area Total: 193297
Lot Size Dimensions: 24.2 Acres
List Price/SqFt: 56.91
Sold Price/SqFt: 56.91
Year Built: 1986
Location, Tax, and Legal
Country: US
Parcel Number: 3126-00-00-0021
Tax Annual Amount: 86593
Tax Year: 2018
Tax Legal Description: 26-13-31 IRREG PARCEL IN N/W BEING W 1238 FT MEAS ON N/L OF N 668.57 FT ON W LINE & N 334 FT ON E/L N OF US 1 & 782.50 FT MEAS ON E ROW OF US 1 PER OR 4304 PG 0251 PER OR 6100 PG 0106 PER OR 6990 PG 1051 PER OR 7029 PG 4825
Zoning Description: Industrial
Currently Not Used
Year Built: 1986
Current Use
Industrial: 1
Building Features
Ceiling Eve Height: 26 - 30 Feet High
Maximum Ceiling Height: 30
Business Type
Commercial: 1
Industrial: 1
Warehouse: 1
Sale Includes
Building & Land: 1
Historical Information
Public Historical Remarks 1: Zoning (Text): I-1 Commercial; Confidential Listing: N; % Occupancy: 45.00; Franchise Opt In: No
Contract Information
Current Price: $11,000,000
Sold Price: $11,000,000
Status: Closed
Listing Contract Date: 2019-05-09
Property Sub Type: Business
Location Tax and Legal
Street Number: 1899
Street Direction Prefix: N
Street Name: US Highway 1
County: Volusia
State: FL
Postal Code: 32174
MLS Area Major: 17 - Ormond Beach Peninsula N of 40
Status Change Information
Major Change Timestamp: 2020-02-25T21:31:00Z
Major Change Type: Status Change
Purchase Contract Date: 2020-02-11
Close Date: 2020-02-25
Close Price: 11000000
Property Features
Business Type: Commercial; Industrial; Warehouse
Current Use: Industrial
Sale Includes: Building & Land
Listing Office:
SVN Alliance Commercial Real Estate Advisors
Last Updated: September - 28 - 2024
Information deemed reliable but not guaranteed.