Edgewood, FL 32809,5242 S ORANGE AVE
See all 14 photos
Edgewood, FL 32809,5242 S ORANGE AVE
Edgewood, FL 32809,5242 S ORANGE AVE
Edgewood, FL 32809,5242 S ORANGE AVE
Edgewood, FL 32809,5242 S ORANGE AVE

$1,190,000

Est. payment /mo

$1,249,000

4.7%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

5242 S ORANGE AVE Edgewood, FL 32809

9,746 SqFt

SOLD DATE : 02/19/2021

Key Details

Sold Price $1,190,000

Property Type Commercial

Sub Type Industrial

Listing Status Sold

Purchase Type For Sale

Square Footage 9,746 sqft

Price per Sqft $122

MLS Listing ID O5883350

Sold Date 02/19/21

HOA Y/N No

Year Built 1971

Annual Tax Amount $10,367

Lot Size 0.930 Acres

Acres 0.93

Lot Dimensions 246.95 x 275.74 x 150

Property Description

One or more photo(s) has been virtually staged. 10% CAP RATE!! with future increases in rent (see attachments)!! First-rate LOCATION and/or RE-DEVELOPMENT OPPORTUNITY - high flexibility. The lease is on a month-to-month basis with a great tenant yet offers the ability to re-structure and do your own thing. GROUNDWATER SAMPLING completed 9/22/2020 conclusive: no volatile aromatics, naphthalene or TRPH were detected above test detection limits (clear - see attachment). ZONED C-3. Great location as this HIGH-TRAFFIC main road provides huge exposure with ~56,000 daily traffic count (orange county public records). The property has an extensive 150 sqft frontage and sits on a .93 acre lot that is 95% paved/impervious, with 14+ lined parking spaces, and plenty more ample space for additional capacity. On Orange Road, the property is situated amongst many other commercial businesses within a mile away. The main building at the front includes 4 roll-up doors at the front and 4 at the back (12 ft tall doors) and with tall ceilings (15 ft) - also includes two offices. We encourage you to get in contact for additional details as we'd like to understand your goals better to further assist you in your investment campaign. Do not miss out on seeing if this may be the IDEAL fit for you.

Location

State FL

County Orange

Zoning C-3

Interior

Heating Central, Electric

Cooling Office Only, Central Air

Flooring Concrete

Exterior

Garage 13 to 18 Spaces

Utilities Available Electricity Available, Public, Water Connected

Waterfront false

Roof Type Concrete,Metal

Parking Type 13 to 18 Spaces

Building

Lot Description Central Business District, Curb and Gutters, City Limits, Paved

Entry Level One

Foundation Slab

Lot Size Range 1/2 to less than 1

Sewer Public Sewer, Septic Tank

Structure Type Block,Concrete,Metal Frame,Metal Siding

New Construction false

Others

Ownership Other

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Stellar MLS
Listed by CARE NETWORK REALTY LLC
Bought with CARE NETWORK REALTY LLC

Stephen Michalakos

Senior Real Estate Advisor | License ID: SL3408427

+1(727) 601-8676

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.