Homes for sale - 407 Timaquan TRL, Edgewater, FL 32132

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Jamie Lucena, MBA

jamielucenarealtor@gmail.com +1(386) 999-1148

$6,088,000

Est. payment - /mo

34,300 SqFt

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UPDATED:

11/12/2024 11:53 PM

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 34,300 sqft

Price per Sqft $177

MLS Listing ID 1203795

Originating Board Daytona Beach Area Association of REALTORS®

Year Built 2007

Property Description

The 2-property portfolio totals 34,300 SF of small bay light industrial space located in the Parktowne Industrial Complex. Units range from 1,500 - 2,400 SF. Included is MLS #1203795 at 407 Timaquan Traill with 2 buildings totaling 20,800 SF. Ceiling height is 19 FT to the eave. Roof recently coated and carries a 10-year warranty. Parking lot is 6'' thick concrete. MLS#1203947 at 1731 Fern Palm Dr., located 3 miles from Timaquan Trail, is 3 buildings totaling 13,500 SF. Ceiling heights range from 12 FT to 18 FT Both properties are immaculately maintained with no deferred maintenance. Owner expenses for the properties for the trailing 12 months is $1.81/sf. Both properties are fully leased on month-to- month leases with mostly long- term tenants. Leases are structured as modified gross leases with tenant only paying for electric. Units are metered separately for power. Water is not metered separately. Average lease rate across both properties is $10.97/SF/Yr modified gross.

Location

State FL

County Volusia

Direction Heading South on Ridgewood From Daytona Beach to W Park Ave to Parktowne Blvd. to Megan Z Ave to left onto Timaquan Trail

Exterior

Parking Features Parking Lot

Building

Lot Description Other

Others

Senior Community No

Tax ID 7452220A0033

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Listed by Coldwell Banker Commercial Benchmark

“I take great pride in the level of service, honestly and professionalism I provide to my clients. I'm ready to bring all of my skills front and center to help you sell your existing home, or find your dream home!”

--Jamie Lucena, MBA

+1(386) 999-1148

jamielucenarealtor@gmail.com

407 Timaquan TRL Edgewater, FL 32132