2575 Us-1

Investment Highlights

Executive Summary

DEVELOPMENT OPPURTUNITY 300FT ON US1 SOUTH! The land is 2.23 acres totaling 97,138 SF. Zoned CI Commercial Intensive with Mixed Used Land Use (descriptions in Docs). It has 300 feet of Us1 frontage and a daily traffic count of ruffle 39,500. The property has four designated entrances, 2 on each end. Current taxes are roughly $15,500. This property has county water, sewer and gas, as well as an operating well and septic.Southern building-(1) was built in 1980, is 5,152 SF and has 3 leasable units. One unit is leased to a car dealer. Lease will end 3/25, no right to renew. Building is on well and septic. Septic was pumped in 2023 by Burney's Septic. Arnett A/C services the 4 A/C units and has 4 power meters. Two drive accesses. Portion of this building is leased to a Car Dealer. No right to renew.Lease term is through 5/10/25Northern building- (2) was built in 1959, is 1232 SF. Building includes Grease trap and grind pump. Building is on county water, gas, and sewer with a lift station running under us1. In 2010 200-amp service was installed. It has two A/C units. Currently leased as a restaurant. 3 renewal periods threw 2027Lease term is through 5/24.

• Sale Type    Investment or Owner User
• Property Type    Retail
• Property Subtype    Freestanding Freestanding General Retail Auto Dealership General Retail Restaurant Freestanding
• Building Size    6,384
• Building Class    C
• Year Built    1980
• Price    3,375,000
• Price Per SF    529
• Percent Leased    100
• Tenancy    Multiple
• Building Height    1 Story
• Building FAR    0.06
• Land Acres    2.27 AC

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