Holly Hill, FL 32117,1516 State AVE
Holly Hill, FL 32117,1516 State AVE
Holly Hill, FL 32117,1516 State AVE
Holly Hill, FL 32117,1516 State AVE
Holly Hill, FL 32117,1516 State AVE
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$6,500,000

$6,950,000

6.5%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 12/29/2023

Key Details

Sold Price $6,500,000

Property Type Commercial

Sub Type Business

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 1112067

Sold Date 12/29/23

Originating Board Daytona Beach Area Association of REALTORS®

Year Built 1982

Property Description

Great Warehouses Investment.

73,000 Sq. ft. in 7 Warehouse Buildings in Holly Hill Florida an Outstanding Commercial and Industrial Location.

Asking Price is Less than $ 96/SF well below cost of replacement.

Current Rents are below market value.

Great Remaining Potential for Rent Increase.

We are pleased to offer this Investment opportunity in the greater Daytona Beach Florida Area that has experienced exponential growth and an Increase demand for Service warehousing.

Location

State FL

County Volusia

Direction From LPGA Go North on US 1 turn left on 15th Street Turn Right at Stop Sign on State Avenue properties on your Left.

Interior

Heating Central, Electric

Cooling Central Air

Exterior

Waterfront No

Roof Type Metal

Building

Water Public

Structure Type Block,Concrete

Others

Senior Community No

Tax ID 424220360070

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Listed by Hart Pro Realty
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