Property profile

4707 County Road 156 Wildwood, FL 34785

FOR SALE
Flex space
Property ID
US18-3868856
75,000 SF Built 2023
Entity Owned 5-yr Hold
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Property summary

AI-generated overview

Income!! Income!! Small Bay/Flex Warehouses!! 6% CAP Rate currently with potential for 8% with rent upside. The property is 100% Leased with outstanding cash flow and located in the heart of The Villages growth path. This property, known as “The VIP Garage” and was built in 2023 and consists of 5 buildings - 30 units of small bay flex/warehouse - each unit is 2,500 Sq. Ft.. The property is fully fenced with a security gate and video surveillance. Situated in Wildwood, Florida (The Villages growth area) and sitting almost directly across from Brownwood, The Villages 3rd Town Center and within 1 mile of I-75 and less than a ½ mile from the Florida Turnpike. This is a rare opportunity to purchase an investment property this large with as much cash flow in or around the fastest growing area in the United States. Each unit has two (2) grade level doors that are 12 ’x 14’ along with a 9 ’x 15’ office, handicap accessible bathroom and every unit has an A/C Unit. Great location, great property, great income opportunity!

Property profile

Verified
Property type Flex space
Year built 2023
Total area 75,000 SF
UPID US18-3868856

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4707 County Road 156 Wildwood, FL 34785
Wildwood metro
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Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history

since 2020
2 recorded transactions
2022
Price N/A
2020
$425,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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