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    117 Overseas Hwy Key West, FL 33040

    Sponsored
    For Lease
    $30 SF/Yr

    Modern Flex Warehouse Space Available

    Lot size:
    32,796 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    The Rockland Distribution Center North (RDCN) offers 32,796 square feet of flexible warehouse space in three newly constructed buildings, situated on a 2-acre lot in Rockland Key, just outside Key West, Florida. This Class B property, built in 2024, is ideal for distribution businesses seeking last-mile access to the Lower Keys. The facility features 20 individual suites, ranging from 1,110 to 13,490 contiguous square feet, with 14,000 square feet currently vacant. The buildings boast 19-foot ceiling heights, eight loading docks with eight dock-high doors, twelve drive-in doors, and ample parking for 47 vehicles. Each unit includes a basic bathroom. The property is zoned for light industrial use and offers 120V/208V 3-phase power. Buildings A & B feature a 29-inch loading dock height, a forklift ramp, and eight 12'x14' roll-up doors with electric openers. The buildings were engineered to withstand 180 mph winds. This prime location provides unparalleled access to the Lower Keys market. The property is easily accessible via Conch Circle.

    Property Features for 117 Overseas Hwy

    General Information

    Property type
    Manufacturing properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    32,796 SF
    Class
    B
    Total Rate
    81990

    Building Details

    Year Built
    2024
    Buildings
    3
    Stories
    1

    Unit(s) available at that property

    Space
    Building C
    Size
    13,490 SF
    Rate per SF
    $30
    Space
    Building A
    Size
    9,600 SF
    Rate per SF
    $30
    Space
    Building B
    Size
    9,600 SF
    Rate per SF
    $30

    HighLights

    • 32,796 total square feet, multi‑tenant warehouse building.
    • 1,110 square feet minimum divisible space, up to 13,490 contiguous square feet available.
    • 14,000 square feet of vacant space.
    • Located on 2 acres in Rockland Key, Monroe County, Florida, minutes from Key West.
    • Class B, three single‑story buildings constructed in 2024.
    • 19‑foot ceiling height.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Clothing Store Nail Salon Pharmacy Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Key West
    County
    Monroe
    State
    Florida
    Longitude
    -81.6803551
    Latitude
    24.5921987

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    FAQs

    What type of property is this?
    Manufacturing property - Modern Flex Warehouse Space Available
    Where is this manufacturing property located?
    The property is located at 117 Overseas Hwy Key West, FL.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: 32,796 total square feet, multi-tenant warehouse building.; 1,110 square feet minimum divisible space, up to 13,490 contiguous square feet available.; 14,000 square feet of vacant space.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    117 Overseas Hwy Key West, FL 33040
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