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    OFF-MARKET
    Distribution centers

    1650 12Th St, Palmetto, FL 34221

    12,300 SF 1 ac lot Built 2000
    Individually Owned 9-yr Hold
    Property ID
    US18-3832768
    Property summary
    AI-generated overview

    This vacant, 12,300-square-foot industrial building in Palmetto, Florida, presents a compelling owner-user opportunity. Situated on a one-acre lot, this Class B property boasts 3,300 square feet of air-conditioned office space and 9,000 square feet of versatile warehouse space, also air-conditioned. The warehouse features a removable drop ceiling, revealing 16-foot ceilings, and two 12'x12' bay doors. The building is equipped with 600-amp 3-phase power. Ample parking is provided within a fenced-in area. The property is conveniently located near major roadways, including I-75, I-275, US-41, and Port Manatee, offering excellent access to transportation networks. The zoning is CHI. Built in 2000, this single-story building offers a blend of modern functionality and strategic location. The asking price is $2,500,000, translating to $203.25 per square foot. The property's APN is 1013411119. This is a turnkey opportunity for businesses seeking a well-maintained, strategically located industrial space.

    Property profile
    Verified
    Property type Distribution centers
    Year built 2000
    Total area 12,300 SF
    Lot 1 ac (43,560 SF)
    APN 1013411119
    UPID US18-3832768
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Die Verse Tool & Manufacturing Industrial Manufacturer
    • Pure Sports Technologies Industrial Manufacturer Production Facility
    • Metal Ceiling Express Industrial Manufacturer Production Facility
    • Penrod Machine Shop Industrial Manufacturer
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Jeffrey S Bauman · 9 yrs held
    Jeffrey S Bauman
    since 2016
    1 recorded transaction
    2016
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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