Warehouse/ Manufacturing for Sale!

Industrial for Sale
Catylist Listing ID: 30743793
Property Subtypes: Manufacturing, Truck Terminal, Warehouse/Distribution
Building Size (RSF): 20,301 SF
Gross Land Area: 1.70 Acres
Sale Price: $3,400,000
Unit Price: $167.48 PSF
Ceiling: 20 ft.
Office SF: 1,500 SF
In Opportunity Zone? Yes
Property Use Type: Net Leased Investment (NNN), Vacant/Owner-User
Building Name: 8507 East Adamo Drive
Usable Size (USF): 20,301 SF
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 7/15/2021

Overview / Comments

NOTES: Industrial Space For Sale! 17’- 20’ high ceilings, two industrial cranes, four 15’ grade level rollups
on three different sides of the building, lots of natural light. This property offers 1.7 acres of land.
Including outside storage currently in the back fenced yard, and has a gated front paved open yard with 21
marked parking spaces. It sits one minute west from Hwy 301 and 6 minutes west average driving time from
Interstate Hwy 75. Great Pylon signage, as over 40,000 cars and trucks pass daily. 3 phase power. About
1,000 SF of office and showroom combined are air conditioned. Very Very central, perfect for distribution and yard and land, currently underutilized, can allow for lots more parking. The land is the added value. Current tenant is paying under market rent, so this is set up for owner user, or an investment if re-leased.

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Hillsborough
Taxing Authority: Hillsborough County unincorporated
Tax ID/APN: 192924ZZZ000001529300U
Zoning: M- MANUFACTURING
Property Located Between: One minute West of Hwy 301and 6 minutes west of Interstate 75 Tampa. Also close to Selman Freeway.
Highway Access: One minute West of Hwy 301and 6 minutes west of Interstate 75 Tampa. Also close to Selman Freeway. Very clear and open ingress and egress.
Site Description: Perfectly open lot, some green undisturbed growth in the far back of the lot behind rear yard. Land on east side of building is underutilized.
Area Description: East Tampa
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Average
Year Built: 1971
Roof Type: Other
Construction/Siding: Metal Siding
Exterior Description: Block for the first 4 feet and then metal. Metal roof was repaired 5 years ago and no leaks since.
Parking Ratio: 1 (per 1000 SF)
Parking Type: Surface
Parking Description: 21 marked legal spaces, but lots of open room in the middle for cars and trucks easy entrance and exit. There could be more parking on this lot, there is plenty of room for it. The current yard in the front is gated. Storage yard in the back is fenced in.
Total Parking Spaces: 21
Overhead Cranes: 2
Sprinklers: None
X-Phase: 3 phase
Heat Type: Electricity
Interior Description: Typical Warehouse, but larger than many and industrial cranes are there, but unknown condition, as not currently used.
Zoning Description: M- Manufacturing
Lot Frontage: 150
Lot Depth: 490
Water Service: Municipal
Sewer Type: Municipal
Legal Description: U-24-29-19-ZZZ-000001-52930.0

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,463 67,021 193,146
Median Age: 34.17 32.1 34.33
Households: 1,449 24,696 72,786

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