Listed by RC Properties
$2,500,000
3453 Lee Blvd.
Details
APN 299505
Property Type Industrial
Sub Type Flex
Square Footage 19,824
Units 3
NOI $96,600
Occupancy 100%
Tenancy Multi
Lease Type Gross
Pro-Forma Cap Rate 6.34%
Pro-Forma NOI $158,592
Broker Co-Op Yes
Class B
Year Built 1960, 1982, 2010
Buildings 3
Stories 1
Acreage 2.420
Zoning M1
Investment Type Owner/User
Industrial | 19,824 SqFt
Marketing description
Prime M1 property located on Lee Blvd between Edgemere and Montana consisting of 3 buildings on 2.44 acres.
Bldg 1, built in 1960, is approximately 10,164 square feet with 8 grade level doors,
Bldg 2, built in 1982, is approximately 4,260 square feet with 4 grade level doors, and
Bldg 3 , built in 2010, is approximately 5,400 square feet with 6 grade level doors.
The site measures approximately 170 by 625 feet.
Investment highlights
The owner occupies roughly one-third of the property, with 8 tenants providing $96,600 in annual rental income.
Owner wants to down size to 8,000 square feet with 2-3 bays on 3/4 acre, location is open, and would consider a trade. Bring me your deals.
Listing Contacts
Listed by RC Properties
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$96,600.00
$8,050.00/mo
Valuation Metrics
0
DSCR
3.86%
Cap Rate
3.86%
ROI
Map
Zoning
M-1 IndustrialLight IndustrialLight Manufacturing District
View municipality zoning documents Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 413 uses
View all 413 uses Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage Phone
Title
Is there information that looks off?
