We are pleased to present this 15,000 SF parcel for purchase with an existing 3,719 square foot building. Zoned for industrial and commercial uses under the Palmer Lake Metropolitan Urban Center (PLMUC) which allows for multiple developments models.
Presently the property is leased and generating over $150,000 a year of income. Recently finished 40 year recertification, property was built in 1950. An added opportunity to increase rents by 30% , This investment opportunity allows the future investor to acquire a stabilized asset in an exceptional sub market that is positioned for Increased appreciation.
Courtesy of: London Foster Realty MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. Updated: 1st December, 2022 12:23 AM (UTC)