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4597 Florida 70
Arcadia, FL 34266
Asking Price
$1.30M
Cap Rate
6.43%
Asset Type
Warehouse Industrial
Class
Class B
What's Special
Industrial | 3.5 Acres | 11,920 SqFt <ul><li>±3.5 acre corner lot with ±551 LF of frontage on State Road 70, the primary east west corridor connecting Florida's Gulf and Atlantic coasts</li><li>±11,920 SF across two free standing buildings: 8,640 SF 12 unit multi tenant flex (Building 1) plus 3,280 SF stand alone shop with 20' clear heights (Building 2)</li><li>Approximately 50% of site is unimproved, offering a clear path to expansion, outdoor storage, or new building pads</li><li>6.34% in place cap rate providing day one mark
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NOI
$80,000
Cap Rate
6.15%
DSCR
1.04
Tight
Cash-on-Cash
0.72%
Monthly Payment
$6,431.691
Annual Cash Flow
$2,819.712