12515 WARWICK BOULEVARD
Office | 0.00% CAP | 19,939 SF
Marketing description
Almost 2 acres,3 story approx. 20,000 sq.ft office building with frontage on Warwick Blvd. Located near CNU in Hidenwood.
Located on a corner parcel with two curb cuts, on a major artery with daily traffic count over 29,000.
Currently 2 oversize first floor suites with multiple interior restrooms, one a former bank with a large walk in safe, 4 large suites with
multiple office spaces and private restrooms on second and third floors, each floor with a hallway set of restrooms and
maintenance/storage closets. Some demo/renovations started. Some suites were used as medical.
Possible uses for apartment or condo conversion? Renovate or raze the building and build to suit.
Building is 100% vacant. Bring your plans and imagination. Call today for appointment to see!
Investment highlights
Improvement Characteristics
Property Subtype: Office Building
Occupancy Type: Multi -Tenant
Tenancy: Vacant
Number of Buildings: 1
Number of Stories: 3
Construction Class: S - Steel Frame per Marshall Valuation Service
Construction Quality: Average
Gross Building Area (GBA): 19,939 SF (based on assessor records)
Net Rentable Area (NRA): 19,939 SF (based on assessor records)
Ratios & Parking
Land-to-Building Ratio: 4.13 to 1 (Usable Land/GBA)
Floor Area Ratio (FAR):0.24 (based on GBA)
Parking Spaces: 65 Parking Ratio: 3.26 (per 1,000 sf of GBA)
Age/ Life
Year Built:1980
Renovated: Roof Replaced- 2021, HVAC roof units : repaired/replaced 2019-2023, partial window replacements 2021- Interior demo/renovations begun 2023.
Condition: Average
Actual Age: 43 years
Effective Age: 25 years
Typical Building Life:40 years
Remaining Economic Life: 14 years
Structural Characteristics
Foundation: Concrete slab
Building Frame: Steel and masonry
Exterior Walls: Brick and siding
Roof Type / Material: Flat / Membrane
Traffic Count Warwick Boulevard (Cars/Day): 29,000 +
Listing Contacts
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