Property profile

207 Un Ave Crescent City, FL 32112

OFF-MARKET
Manufacturing properties
Property ID
US18-5347378
24,680 SF 9.89 ac lot Built 1957
Entity Owned 3-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 5,000-square-foot warehouse is situated on a generous 9.89-acre lot in Crescent City, Florida. The property, identified by APN 111227000000200000, features a single tenant occupancy and boasts a newly installed roof. The warehouse includes a convenient loading dock and one bathroom. This industrial property is perfect for a variety of businesses seeking ample space and a strategic location. The property is offered as a single-tenant building, providing a streamlined and efficient operational environment. Prospective tenants are responsible for lawn maintenance, sales tax, and utilities. Lease terms require the first month's rent, last month's rent, and a security deposit. Additionally, a $300 common area maintenance security deposit is required. The property's address is 207 UNION Avenue, Crescent City, FL 32112. This prime location offers easy access to key transportation routes and amenities, making it an attractive option for businesses seeking a functional and well-maintained warehouse space. The expansive lot size provides ample room for expansion or future development. This is a rare opportunity to acquire a well-maintained industrial property in a desirable location.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1957
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 24,680 SF
Lot 9.89 ac (430,808 SF)
APN 11-12-27-0000-002.0-000.0
UPID US18-5347378

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Bbq Area

Location

207 Un Ave Crescent City, FL 32112-4446
Crescent City metro Census 951200 PALATKA, FL MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$891k
Blend (final) Blend
$890k

Owner & transaction history

since 2022
Last sale
$750,000
2 recorded transactions
2022
$750,000
2011
Price N/A

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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