552458 US-1, Hilliard, FL 32046
Expansive industrial property with versatile uses and expansion potential.
- Added:
- Aug 31, 2024
- Days on Market:
- 653
- Last Refresh:
- May 12 at 8:51 pm
Property Features for 552458 US-1
General Information
- Standard status
- Active
- Size
- 5,250 SF
- Lot size
- 2.16 Acres
- Property subtype
- Industrial
Listing agent Slavik Cheban License #3099630
Listing office VYACHESLAV CHEBAN
Listing date Aug 31, 2024
Source Crexi
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HighLights
- 2.16‑acre lot zoned CI (Commercial Intensive) with versatile permitted uses.
- 5,250 sq ft under roof, including 900 sq ft of office space, adaptable for numerous commercial enterprises.
- Equipped with a 10‑ton lift crane and 3 bays, each with 14‑foot high doors, ideal for heavy equipment and large vehicles.
- 3‑Phase Electricity ensures efficient operation of heavy equipment.
- Located on US‑1 with easy access.
- Owner is open to owner‑financing options.
Overview
Local Financial Insights For Retail
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 | $94.5k | $18.00 |
| − Vacancy | −$9.7k | −$1.85 |
| EGI | $84.8k | $16.15 |
| − OpEx | −$25.4k | −$4.84 |
| NOI | $59.3k | $11.30 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Hilliard
- County
- Nassau
- State
- Florida
- Longitude
- -81.929731
- Latitude
- 30.7092827