Property profile

106 Mathe Ave Interlachen, FL 32148

OFF-MARKET
Investment properties
Property ID
US18-3569444
1,216 SF 1.61 ac lot Built 2005
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Interlachen Industrial Center offers 11,296 square feet of versatile industrial space, ideally suited for a variety of uses. The property comprises eight individual suites, ranging from a minimum of 600 square feet to a maximum contiguous space of 4,480 square feet, allowing for flexibility in tenant needs. Situated on five acres of land, the property features three buildings, including a 4,480-square-foot concrete block structure built in 2015. This building is equipped with seven meters, six 200-amp electric panels, and plumbing stubbed out for six bathrooms, making it ready for immediate build-out or custom build-to-suit options. An additional large warehouse space with concrete floors and metal siding provides ample storage or workshop area. The property is zoned IL (Industrial Light), accommodating a wide range of permitted uses, including light industrial, emergency services, construction trades, auto body repair, and various sales and service businesses. Lease rates range from $6 to $10 per square foot as-is, or $12 to $15 per square foot with build-out, depending on specific requirements. This prime location offers significant potential for businesses seeking flexible and adaptable industrial space. The property's size and zoning provide ample opportunity for expansion and customization.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 2005
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,216 SF
Lot 1.61 ac (70,132 SF)
APN 14-10-24-0000-007.0-004.0
UPID US18-3569444

Cap rate & NOI

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

Location

106 Mathe Ave Interlachen, FL 32148-4437
Interlachen metro Census 950500 PALATKA, FL MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$405k

Owner & transaction history

since 2023
Last sale
$450,000
1 recorded transaction
2023
$450,000

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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