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INVESTMENT HIGHLIGHTS
- Location offers easy access to I-480 & I-271.
EXECUTIVE SUMMARY
Excellent location for quasi-retail use, close to industrial, residential, and commercial areas. It provides easy access to I-480 and I-271. Approximately 4,200 SF is available for use. Year 1 Net Operating Income is $96,000. It presents an excellent opportunity for a partial owner-user with existing cash flow on a long-term lease. A high-credit tenant is already in place. The property is zoned B1 - Local.
PROPERTY FACTS
| Price | $1,500,000 | No. Stories | 1 |
| Price Per SF | $153.03 | Year Built/Renovated | 1972/2023 |
| Sale Type | Investment or Owner User | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 1.33/1,000 SF |
| Property Subtype | Showroom | Clear Ceiling Height | 18’9” |
| Building Class | C | No. Drive In / Grade-Level Doors | 2 |
| Lot Size | 1.48 AC | Opportunity Zone |
Yes
|
| Rentable Building Area | 9,802 SF | ||
| Zoning | B-1 - Local Retail District | ||
| Price | $1,500,000 |
| Price Per SF | $153.03 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Showroom |
| Building Class | C |
| Lot Size | 1.48 AC |
| Rentable Building Area | 9,802 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1972/2023 |
| Tenancy | Single |
| Parking Ratio | 1.33/1,000 SF |
| Clear Ceiling Height | 18’9” |
| No. Drive In / Grade-Level Doors | 2 |
| Opportunity Zone |
Yes |
| Zoning | B-1 - Local Retail District |
AMENITIES
- Air Conditioning
UTILITIES
- Lighting - LED
- Gas
- Heating
1 1
PROPERTY TAXES
| Parcel Number | 791-10-055 | Improvements Assessment | $172,830 |
| Land Assessment | $76,580 | Total Assessment | $249,410 |
PROPERTY TAXES
Parcel Number
791-10-055
Land Assessment
$76,580
Improvements Assessment
$172,830
Total Assessment
$249,410
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23360 Michelle Dr
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