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Executive Summary
Positioned at the prominent corner of North Palafox and West Loretta streets, this versatile warehouse and office property offers excellent visibility, extensive frontage and highly functional access. The property comprises two adjoining parcels totaling approximately 1.8439 acres and features an 11,881-square-foot enclosed building with office, clear-span warehouse and service areas.
The building is configured with approximately 2,288 square feet of office space and 9,593 square feet of warehouse area. Additional improvements include a 1,026-square-foot canopy and a 342-square-foot open loading platform, bringing the total area under improvement to approximately 13,249 square feet.
A double gate on the north side provides access along the building to the rear yard. The property offers drive-around capability, and the perimeter extending from the gate through the rear yard is fenced, creating secure parking or storage for fleet vehicles, equipment, inventory or products.
With approximately 202 feet of frontage along North Palafox Street and 400 feet along West Loretta Street, the property offers exceptional access, visibility and operational flexibility. Customer parking is conveniently positioned across the front of the building, complemented by prominent pylon signage along North Palafox.
*** The property is currently tenant-occupied under a lease scheduled to expire July 31, 2027. Any future owner occupancy will be subject to the existing lease and tenant rights
Highlights
Three roll-up doors along the south elevation
Two roll-up doors along the north elevation
Three-phase electrical power
Clear-span warehouse configuration
Fourteen-foot building height
Existing paint booth
Concrete warehouse floors
Fluorescent warehouse lighting
Approximately 1,026 SF canopy
Approximately 342 SF open loading platform
Double-gated access to the rear yard
Secure fenced parking and storage area
Drive-around building access
Customer parking across the building frontage
Existing pylon signage on North Palafox Street
Corner positioning with access from North Palafox and West Loretta streets
Approximately 202 feet of frontage on North Palafox Street
Approximately 400 feet of frontage on West Loretta Street
*** Digital Image Disclosure: Select images have been digitally edited to remove the current occupant’s vehicles, equipment, inventory and other movable personal property, illustrating how the space may appear for an owner-user without the existing tenant’s contents in place. No alterations have been made to the building’s layout, dimensions, structural components or fixed improvements. Digitally edited images are provided for illustrative purposes only; prospective purchasers should verify existing property conditions.
The building is configured with approximately 2,288 square feet of office space and 9,593 square feet of warehouse area. Additional improvements include a 1,026-square-foot canopy and a 342-square-foot open loading platform, bringing the total area under improvement to approximately 13,249 square feet.
A double gate on the north side provides access along the building to the rear yard. The property offers drive-around capability, and the perimeter extending from the gate through the rear yard is fenced, creating secure parking or storage for fleet vehicles, equipment, inventory or products.
With approximately 202 feet of frontage along North Palafox Street and 400 feet along West Loretta Street, the property offers exceptional access, visibility and operational flexibility. Customer parking is conveniently positioned across the front of the building, complemented by prominent pylon signage along North Palafox.
*** The property is currently tenant-occupied under a lease scheduled to expire July 31, 2027. Any future owner occupancy will be subject to the existing lease and tenant rights
Highlights
Three roll-up doors along the south elevation
Two roll-up doors along the north elevation
Three-phase electrical power
Clear-span warehouse configuration
Fourteen-foot building height
Existing paint booth
Concrete warehouse floors
Fluorescent warehouse lighting
Approximately 1,026 SF canopy
Approximately 342 SF open loading platform
Double-gated access to the rear yard
Secure fenced parking and storage area
Drive-around building access
Customer parking across the building frontage
Existing pylon signage on North Palafox Street
Corner positioning with access from North Palafox and West Loretta streets
Approximately 202 feet of frontage on North Palafox Street
Approximately 400 feet of frontage on West Loretta Street
*** Digital Image Disclosure: Select images have been digitally edited to remove the current occupant’s vehicles, equipment, inventory and other movable personal property, illustrating how the space may appear for an owner-user without the existing tenant’s contents in place. No alterations have been made to the building’s layout, dimensions, structural components or fixed improvements. Digitally edited images are provided for illustrative purposes only; prospective purchasers should verify existing property conditions.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
11,148 SF
Building Class
C
Year Built/Renovated
1960/1980
Price
$1,200,000
Price Per SF
$107.64
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
1.85 AC
Opportunity Zone
Yes
Zoning
C-1
Parking
20 Spaces (1.79 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Fenced Lot
- Pylon Sign
- Signage
- Wheelchair Accessible
- Awning
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 08-2S-30-5008-000-001 | Improvements Assessment | $363,528 |
| Land Assessment | $96,960 | Total Assessment | $460,488 |
Property Taxes
Parcel Number
08-2S-30-5008-000-001
Land Assessment
$96,960
Improvements Assessment
$363,528
Total Assessment
$460,488
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