9780 E Indigo St | Palmetto Bay, FL 33157
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9780 E Indigo St
Palmetto Bay, FL 33157
Office Property For Sale
PROPERTY FACTS
Property Type
Office
Building Size
15,558 SF
Building Class
B
Year Built
2006
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
5,186 SF
Building FAR
1.08
Lot Size
0.33 AC
Zoning
DUV - Development of Urban Village
Parking
35 Spaces (2.25 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Kitchen
ABOUT 9780 E INDIGO ST , PALMETTO BAY, FL 33157
The well located three story office building built in 2006 is easy to manage with four tenants. Value add story with most rents below market; opportunity to mark rents to market and convert to NNN terms. The net rentable area is 10,400 SF. There is a first floor tenant with 1,077 SF with the lease expiring on 12/31/18 that would be perfect for an owner-user. The asking price of $216 PSF is below most sale comparables and well below replacement cost plus land.
PROPERTY TAXES
| Parcel Number | 33-5032-007-0240 | Improvements Assessment | $1,077,500 |
| Land Assessment | $607,500 | Total Assessment | $1,685,000 |
PROPERTY TAXES
Parcel Number
33-5032-007-0240
Land Assessment
$607,500
Improvements Assessment
$1,077,500
Total Assessment
$1,685,000
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