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INVESTMENT HIGHLIGHTS
- +/- 5,150 SF office space
- Strategic location
- Zoned GC
- Versatile floorplan
EXECUTIVE SUMMARY
This +/- 5,150 SF office property presents a prime opportunity for investors seeking stable income in a strategic location. Recently leased under a new 5-year modified gross lease, the property generates $72,000 in annual gross rental income, with a net income of $62,621.15 after expenses. This versatile property is zoned GC and designed to accommodate a range of professional uses, featuring a reception area, private offices, a conference room, and coworking spaces. Situated on 0.53 acres with ample parking and excellent access to major roadways, it offers both convenience and functionality. With a sales price of $659,000 and a 9.5% cap rate, this offering presents an excellent opportunity for investors seeking reliable income and long-term value.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
5,150 SF
Building Class
C
Year Built
1985
Price
$659,000
Price Per SF
$127.96
Tenancy
Single
Building Height
1 Story
Typical Floor Size
5,150 SF
Building FAR
0.22
Lot Size
0.53 AC
Zoning
GC - General Commercial
Parking
35 Spaces (6.8 Spaces per 1,000 SF Leased)
AMENITIES
- Air Conditioning
1 1
PROPERTY TAXES
| Parcel Number | 089-011-013D | Improvements Assessment | $119,676 (2025) |
| Land Assessment | $25,856 (2025) | Total Assessment | $145,532 (2025) |
PROPERTY TAXES
Parcel Number
089-011-013D
Land Assessment
$25,856 (2025)
Improvements Assessment
$119,676 (2025)
Total Assessment
$145,532 (2025)
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310 Ford Dr
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