For Sale
$2,185,000
500 Pullman RdEdgewater, FL 32132
High-yield multi-tenant industrial property in Edgewater, FL.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 121
Highlights
- $2,185,000 asking price for this 16,021 square foot industrial property.
- Located in Edgewater, Florida, at 500 Pullman Rd, 32132.
- Features three tenants with 100% occupancy, generating a current NOI of $140,000 and a 6.41% cap rate.
- Pro-forma NOI is $193,800, resulting in an 8.87% pro-forma cap rate.
- The property consists of one building on a 2.3-acre lot, built in 2004, with permitted Industrial/Manufacturing zoning.
- Includes four units, with a price per unit of $546,250 and a price per square foot of $136.38.
Property Details for 500 Pullman Rd
- Property type
- Warehouses, Industrial properties
- Square Feet
- 16,021 SF
- Year Built
- 2004
- Buildings
- 1
- Lot Size (sq. ft)
- 100,188 SF
- Units
- 4
Location Insight
- City
- Edgewater
- County
- Volusia
- State
- Florida
- Latitude
- 28.9913026
- Longitude
- -80.9185691
500 Pullman Rd, Edgewater, Florida
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FAQs
- What type of property is this?
- Warehouse - High-yield multi-tenant industrial property in Edgewater, FL.
- Where is the warehouse located?
- The property is located at 500 Pullman Rd Edgewater, FL.
- What is the asking price?
- The asking price for this property is $2,185,000.
- What are key features of this property?
- This property features: $2,185,000 asking price for this 16,021 square foot industrial property.; Located in Edgewater, Florida, at 500 Pullman Rd, 32132.; Features three tenants with 100% occupancy, generating a current NOI of $140,000 and a 6.41% cap rate.
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