4707 County Road 156, Wildwood, FL 34785

$12,750,000
75,000
SqFt

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List Price
$12,750,000
Status
Active
Days on Market
175
MLS#
G5107761
Property Style
Warehouse
Year Built
2023
Living Area
75,000
Lot Size
249,163
Acres
5.72
Total Acreage
5 to less than 10
MLS Area Major
Wildwood

Property Description

Income!! Income!! Small Bay/Flex Warehouses!! 6% CAP Rate currently with potential for 8% with rent upside. The property is 100% Leased with outstanding cash flow and located in the heart of The Villages growth path. This property, known as “The VIP Garage” and was built in 2023 and consists of 5 buildings - 30 units of small bay flex/warehouse - each unit is 2,500 Sq. Ft.. The property is fully fenced with a security gate and video surveillance. Situated in Wildwood, Florida (The Villages growth area) and sitting almost directly across from Brownwood, The Villages 3rd Town Center and within 1 mile of I-75 and less than a ½ mile from the Florida Turnpike. This is a rare opportunity to purchase an investment property this large with as much cash flow in or around the fastest growing area in the United States. Each unit has two (2) grade level doors that are 12 ’x 14’ along with a 9 ’x 15’ office, handicap accessible bathroom and every unit has an A/C Unit. Great location, great property, great income opportunity!

Additional Information

Taxes Annual
$59634
Community Features
No Deed Restriction
Floor
Concrete
Utilities
Underground Utilities
Heating
Central, Electric
Air Conditioning
Central Air
Exterior Construction
Metal Frame, Metal Siding
Roof
Metal
Foundation
Slab
Pool
No Pool
Flood Zone Code
X
Parcel ID
G17-003
Legal Description
BEG 1353.42 FT W & 704.45 FT N OF E 1/4 COR SEC RUN W 417.32 FT N 597 FT TO S R/W COUNTY RD E 417.42 FT S 597 FT TO POB

Listing courtesy of GRIZZARD COMMERCIAL REALESTATE. 352-787-6966

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