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INVESTMENT HIGHLIGHTS
- Concrete block construction
- Multitenant property with shorter term leases
- Fenced storage area in rear
- Meticulously kept
EXECUTIVE SUMMARY
MULTI-TENANT INDUSTRIAL BUILDING - A meticulously kept reinforced concrete block building on 1 AC in the Airport Production Park. Ability to drive around the property with a fenced rear area for storage that spans 14,400 SF. New roof in the last 10 years and new man doors in 2024. All of the garage doors on the east and south side of the property are 12x12. Pylon sign has been grandfathered in. Recently removed trees, new exterior lighting, gutters and separately metered electric. Four separated units (can be 5) with shorter term leases in place ranging 1-3 years. Fully APOD and rent roll available upon request.
PROPERTY FACTS
| Price | $3,150,000 | Lot Size | 0.99 AC |
| Price Per SF | $336.90 | Rentable Building Area | 9,350 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1989 |
| Property Subtype | Warehouse | Parking Ratio | 3.21/1,000 SF |
| Building Class | C | No. Drive In / Grade-Level Doors | 4 |
| Zoning | I - Industrial / Office | ||
| Price | $3,150,000 |
| Price Per SF | $336.90 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.99 AC |
| Rentable Building Area | 9,350 SF |
| No. Stories | 1 |
| Year Built | 1989 |
| Parking Ratio | 3.21/1,000 SF |
| No. Drive In / Grade-Level Doors | 4 |
| Zoning | I - Industrial / Office |
UTILITIES
- Water - City
- Sewer - City
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PROPERTY TAXES
| Parcel Number | 00282082008 | Improvements Assessment | $462,873 |
| Land Assessment | $865,755 | Total Assessment | $1,328,628 |
PROPERTY TAXES
Parcel Number
00282082008
Land Assessment
$865,755
Improvements Assessment
$462,873
Total Assessment
$1,328,628
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4584 Mercantile Ave
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