4170 Co Rd 218 Middleburg, FL 32068
Mixed-use properties
Property Features for 4170 Co Rd 218
General Information
- Standard status
- Active
- Size
- 2,400 SF
- Property subtype
- Industrial, Mixed Use
Building Details
- Year Built
- 2023
Listing office Better Homes and Garden Real Estate (407) 474-0188
Listing date Apr 29, 2024
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Key Highlights
- Priced Below Appraisal
- Additional Square Footage with 2nd Building Already Engineered
- Impact Fee Already Paid for Additional Buildings
Local Financial Insights For Mixed Use
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 | $57.6k | $24.00 |
| − Vacancy | −$8.6k | −$3.60 |
| EGI | $49.0k | $20.40 |
| − OpEx | −$18.4k | −$7.65 |
| NOI | $30.6k | $12.75 |
