Hawthorne Industrial/Cold Storage
19450 East County Road 1474 Hawthorne, FL 32640
19450 East County Road 1474, Hawthorne, FL, 32640
$2,295,000
For Sale
$2,295,000
28,000 SF industrial building with freezer and cooler space.
Property Size28,000 SF
Price / SF$81.96
Days on Market140
Property Features for 19450 East County Road 1474
General Information
- Standard status
- Active
- Size
- 28,000 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 2011
Listing agency
Lee & Associates Gainesville
(352) 494-2100
Listed by
Brian Oen · License #BK3372787
(352) 494-2100
Source
Lee-associates
Added: Mar 4 Updated: Jul 6 at 10:22AM Checked: Jul 22 at 5:12AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates Gainesville
Investment Insights
Based on property information with market context.
Located in Hawthorne, Florida, this property features a 28,000 square foot building constructed in 2011. The building is zoned Agricultural and is suitable for industrial or refrigerated/cold storage. The property includes 20’ x 30’ of freezer storage (-10°F), approximately 11,000 square feet of cooler space (32–45°F), and approximately 9,000 square feet for ambient dry storage or staging. The processing floor is suitable for light food production or prep. The building is equipped with 16-3 phase power cooling units to deliver the appropriate temperature. The property is positioned near key transportation arteries and major markets, and the historic downtown district of Hawthorne.
Key Highlights
- 28,000 square foot building suitable for industrial or refrigerated/cold storage.
- Features 11,000± SF of cooler space (32–45°F) and 20’ x 30’ of freezer storage (-10°F).
- Constructed in 2011, offering modern infrastructure.
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $252.0k | $9.00 |
| − Vacancy | −$11.3k | −$0.41 |
| EGI | $240.7k | $8.59 |
| − OpEx | −$36.1k | −$1.29 |
| NOI | $204.6k | $7.31 |
28,000 SF · lease $9.00/SF/yr · vacancy 4.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$2.92M
$2.56M – $3.41M
NOI $204,561 @ 7.0% cap · market cap 8.91%
Second Best
Industrial
$2.71M
$2.37M – $3.17M
NOI $189,924 @ 7.0% cap · market cap 8.28%
Theoretical Best
Office A
$7.06M
$6.18M – $8.24M
NOI $494,122 @ 7.0% cap · market cap 21.53%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Warehouses
Similar For Sale Nearby
FAQs
What type of property is this?
Warehouse - 28,000 SF industrial building with freezer and cooler space.
Where is this warehouse located?
The property is located at 19450 East County Road 1474 Hawthorne, FL.
What is the asking price?
The asking price for this property is $2,295,000.
What are key features of this property?
This property features: 28,000 square foot building suitable for industrial or refrigerated/cold storage.; Features 11,000± SF of cooler space (32–45°F) and 20’ x 30’ of freezer storage (-10°F).; Constructed in 2011, offering modern infrastructure.
