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- MLS#100169176
- TypeCommercial
- CountyONSLOW
- CityJacksonville
- AreaNot In Subdivision
- NeighborhoodJacksonville
- Zip28546
- StyleMixed Use,Retail,Warehouse
- Price$ 3,100,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage25750
- Lot Size5 Acres
Listing Provided Courtesy Of:
Coldwell Banker Alliance Group Realty
Property Description
This site was improved with a two story prefabricated metal building originally designed and constructed in 2003 containing 20,750 square feet for a lumber/hardware store. In 2011 second floor was remodeled/updated so the total square feet was increased to 25,750. The builders supply occupies 20,750 square feet of office/showroom/warehouse space plus the outside coverings and lay-down yard. On the second floor GSA (probation office) has been a tenant sense 2011 and 2019 Morton Containers signed a year lease. The location is central to residential & commercial growth. Near by retailers include: Lowes Foods, Food Lion, CVS, McDonalds, Dunkin Donuts, Taco Bell, Miller Motte College, Autzone and Advance Auto Parts.The 2 main roads that provide access to the property have daily traffic counts of 18,000 & 28,000 cars per day. The lumber company who occupies 20,750 on the ground floor, are looking to move to a smaller office on the side of the building, which will free up about 4400 sqft that can be easily converted in to more lease-able space to help increase the cap rate. The current cap rate, with the current leases in place, is 8%. With the additional free space upstairs and with the lumber company moving to the side, which frees up space, you can increase the cap rate to over 10%. Call today for your VIP tour!
Price History | |
---|---|
6/8/2020 | Listed $3,100,000 |
General Features
City Limits | Yes |
---|---|
Construction | Metal Fab |
County | Onslow |
Days on Market | 583 |
Flooring | Concrete |
HOA | No |
Location | Industrial Park |
New Construction | No |
Property Type | G |
Roof | Metal, Steel Joists/Truss |
Status | Active |
Stipulation of Sale | None |
Sub-Type | Mixed Use, Retail, Warehouse |
Subdivision | Not In Subdivision |
Tax Year | 2018 |
Utilities | City Water, Community Sewer |
Water Heater | Electric |
Year Built | 2003 |
Zoning | CC |
Interior Features
Cooling System | Central |
---|---|
Heated Area | 10000.00 |
Heating | Heat Pump |
Exterior Features
Foundation | Slab |
---|---|
Lot Acres | 5.00 |
Lot Description | Corner Lot |
Lot Dimensions | 365/592/109/119/175/740 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool