Adult 55+
Address
3012 NE 37th PLACE, WILDWOOD, FL
Price
$ 1,795,000
Property Attributes
- MLS#G5081148
- TypeCommercial
- CountySUMTER
- CityWILDWOOD
- AreaWildwood
- Zip34785
- StyleIndustrial
- Year Built2010
- Taxes$ 5937
- Price$ 1,795,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage9848
- Lot Size0.83 Acres
Data Source:
Stellar MLS
Property Description
$$ Income Opportunity - 6.7% CAP Rate - National Credit Tenant - 9,848+/- SF Industrial Bldg and property with 4 years left on the initial term of a 5-year NNN lease with an additional 4, five-year options. Annual base rent is $120,000. Parking lot was recently resealed and restriped. Building was built in 2010 with multiple grade level roll-ups doors, finished offices, security fencing and gates. Site is .83+/- acre or 36,155+/- SF corner lot located in the attractive "South Wildwood Industrial Park" in the Wildwood & The Villages area, which is just 5 minutes from Florida's Turnpike, I-75 and less than an hour to Orlando, Tampa or Ocala. Building and property are immaculate and well maintained inside and out. Tenant use is automotive garage / warehouse. "Positioned at the apex of Central Florida’s economic triangle, Sumter County represents distribution hub advantages unique in Florida. Major transportation arteries include Interstate 75, Florida’s Turnpike, US Highway 301, and State Roads 44, 48 and 470. In addition, CSX rail bisects the county from north to south. This natural confluence of transportation arteries and our close affinity with two international airports and four major seaports make Sumter County a truly ideal location for distribution operations considering regional or national product distribution. And as a bonus, our inland location is less susceptible to hurricane damage while also being significantly less expensive than a location directly on the Gulf or Atlantic coasts." - Sumter County Economic Development Council . All information is believed accurate and correct but not guaranteed or warranted and subject to change without notice. DO NOT ENTER PROPERTY WITHOUT AN APPOINTMENT - Do not disturb tenants or enter property without listing agent.
| Price History | |
|---|---|
| 4/19/2024 | Listed $1,795,000 |
General Features
| Cooling | A/C - Office Only,Central Air |
|---|---|
| Roof | Metal |
| Zoning | M-1 |
| Construction Materials | Metal Frame,Metal Siding |
| Year Built | 2010 |
| Property SubType | Industrial |
| Tax Year | 2023 |
| Percent Ownership | Corporation |
| County | Sumter |
| New Construction | No |
| Property Type | Commercial Sale |
| Status | Active |
| Directions | Leesburg at US Hwy 27 & Main St,go west on Main St which will turn into SR 44,continue west to Wildwood,at signal light turn left onto US Hwy 301,go under the turnpike,South Wildwood Industrial Park |
| City | WILDWOOD |
| Buyer Agent Compensation | 2% |
| MLS Area | 34785 - Wildwood |
| Lot Size Square Feet | 36155 |
| Waterfront Y/N | No |
| Street Name | 37th |
| Listing Terms | Cash,Conventional |
| Tax Annual Amount | 5937 |
| Property Condition | Completed |
| Public Remarks | $$ Income Opportunity - 6.7% CAP Rate - National Credit Tenant - 9,848+/- SF Industrial Bldg and property with 4 years left on the initial term of a 5-year NNN lease with an additional 4,five-year op |
| Virtual Tour | https://www.propertypanorama.com/instaview/stellar/G5081148 |
| Days on Market | 5 |
| Standard Status | Active |
| Tax Lot | 1A |
| Legal Description | THAT PORT OF PLAT OF SOUTH WILDWOOD INDUSTRIAL PARK PB 11 PGS 8-8B DESC AS: BEG AT SE PT OF TANGENCY OF LOT IA SOUTH WILDWOOD INDUSTRIAL PARK PB 11 PGS 8-8B THENCE S 85 DEG 27'52 W ALONG N/LY R/W OF |
Interior Features
| Air Conditioning Y/N | Yes |
|---|---|
| Street Suffix | PLACE |
| Living Area Units | Square Feet |
Exterior Features
| Lot Features | Corner Lot |
|---|---|
| Lot Size Area | 36155 |
| Foundation Details | Slab |
| Number of Buildings | 1 |
| Building Area Total | 9848 |
| Lot Dimensions | irrg |
| Lot Size Acres | 0.83 |
| Road Surface Type | Paved |
| Lot Size Units | Square Feet |
| Road Frontage Type | County Road |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 34785
Price
Taxes
Visits
Year Built
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on May 6, 2024 4:33 AM UTC
