Income-Producing Commercial Property with Development Potential
Description
Income-Producing Commercial Property with Development Potential
Highlights
10,379 SF Across 2 Buildings – Eight-unit general commercial property on a 0.74-acre parcel
Strong Income – Current Gross Rent: $23,243/mo | Current NOI: $254,560 | Pro Forma NOI: $278,916
9,144 Rentable SF – Efficient layout supports a diverse mix of commercial tenants
High Traffic Exposure – Excellent visibility for traffic-driven tenants
Zoned GC (General Commercial) – Flexible for retail, restaurant/QSR, office, medical, auto services, laundromat, or redevelopment into mixed-use plaza
Fully Connected Utilities – Water, sewer, and electric in place
Not in a Flood Zone – Reduced risk for insurance and development hurdles
Easy Road Access – Strong ingress/egress along a busy thoroughfare
Property Overview
Total Building Size: 10,379 SF
Land Size: 32,448 SF | 0.74 acre
Layout: 2 buildings / 8 units
Utilities: Water, sewer, and electric connected
Flood Zone: No
Opportunity Zone: No
Potential Uses: Gas station, retail plaza, restaurant, office, medical, auto, convenience store, car wash, church, hotel/motel, laundromat, or general commercial redevelopment
Rent Information
Current Gross Rent: $23,243/month
Current NOI: $254,560
Pro Forma NOI: $278,916
Rentable Area: 9,144 SF
Address
Overview
- Property ID 13772
- Price $3,100,000
- Property Type Business, Development opportunities, Retail
- Property status For sale
- Size 10,379 SqFt
- Land area 32,448 SqFt
- Land size (acre) 0.74
- Zoning GC (General Commercial)
- Seller Financing No
- Roof Roof on large building is 6 years old
- HVAC Half the AC units are <5 years old
- Layout 2 buildings/8 units
- Sewer Connected
- Water Connected
- Electric Connected
- Flood zone No
- Road Access Yes
- Opportunity zone No
Contact
