$5,300,000
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1757 N Nova RD Holly Hill, FL 32117
39,350 SqFt
Key Details
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 Sqft
Acres 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
Area 41 - Lpga To Granada, E Of Nova
Direction Take LPGA to Nova Rd, head north on Nova Rd. to 1757 N Nova Rd at the signalized intersection of 15th St
Region Holly Hill
City Region Holly Hill
Interior
Heating Central, Varies by Unit
Cooling Central Air, Multi Units
Heat Source Central, Varies by Unit
Exterior
Utilities Available Separate Electric Meters, Separate Water Meters
View Y/N No
Roof Type Metal
Road Frontage City Street
Building
Sewer Private Sewer
Water Public
Structure Type Block,Concrete
Others
Tax ID 424204340094
Security Features Fire Sprinkler System
Acceptable Financing Other
Listing Terms Other
Financing Conventional
Special Listing Condition Equitable Interest
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Bought with Patrick Sullivan • Expert Realty Group