Great Location! Situated at the prime location , we present an exquisite parcel of industrial land sprawling across an expansive 3 acres. This piece of real estate holds an immense potential for industrial development, given its outstanding location that assures accessibility and visibility. Currently, this property is under a profitable lease agreement for five years, with four years still remaining. This lease agreement not only validates the commercial viability of the location but also provides a steady return on investment. This Property is currently Generating income of about $252k a year with a 4% increase, 8% Cap Rate. This lease agreement not only validates the commercial viability of the location but also provides a Steady return on investment.
- Cross Docks: N
- For Auction: N
- Lot Size In Text: 3.09 Acres
- MLSID: O6158151
- Price Upon Request: N
- Style: Not Applicable
- Sublease: N
- Tax Year: 2023
- Taxes: $4590.43
- Zoning: IND-4