$4,400,000
$5,300,000
17.0%For more information regarding the value of a property, please contact us for a free consultation.
1757 Nova RD Holly Hill, FL 32117
39,350 SqFt
Key Details
Sold Price $4,400,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Square Footage 39,350 sqft
Price per Sqft $111
MLS Listing ID 1087346
Sold Date 12/20/21
Originating Board Daytona Beach Area Association of REALTORS®
Year Built 2000
Annual Tax Amount $68,216
Lot Size 4.600 Acres
Lot Dimensions 4.6
Property Sub-Type Business
Property Description
INVESTMENT ALERT!! Lumber Liquidators Plaza - An in place 7.16% CAP Rate at full price with plenty of upside. 42 Tenants including 2 National tenants at the signalized intersection of Nova and 15th Retail - Office - Showroom - warehouse- flex- Tenant mix remained open during COVID with a variety of essential home improvement, retail, and office tenants with below-market rents for future upside. Perfectly positioned between Daytona and Ormond. 16 year owner can deliver unencumbered so, great 1031 Candidate. Below replacement $127 per square foot, this property will move quickly!
Location
State FL
County Volusia
Direction Take LPGA to Nova Rd, head north on Nova Rd. to 1757 N Nova Rd at the signalized intersection of 15th St
Interior
Heating Central, Varies by Unit
Cooling Central Air, Multi Units
Exterior
Utilities Available Separate Electric Meters, Separate Water Meters
Roof Type Metal
Building
Water Public
Structure Type Block,Concrete
Others
Senior Community No
Tax ID 424204340094
Acceptable Financing Other
Listing Terms Other
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