571 N. Palm Ave
5,700 SF COMMERCIAL BUILDING / LIGHT INDUSTRIAL PROPERTY / PROJECTED 10.92%+ CAP RATE
Marketing description
Rare opportunity to acquire a flexible commercial/industrial asset suitable for both owner-users and investors. This ±5,700 SF facility sits on a 20,473 SF fully fenced lot and benefits from a current Conditional Use Permit for auto dismantling and repair.
The property features three oversized 20’ x 12’ bay doors, two private offices (each with a restroom), with additional 1,200 SF storage space, allowing for efficient operations across multiple industrial or service-oriented uses. The site offers ample parking and secure yard area, enhancing operational flexibility.
Currently owner-occupied and delivered vacant at close, the property supports a projected 10.92%+ cap rate, presenting an attractive owner-user or value-add investment with long-term upside in a desirable location.
Investment highlights
- ±5,700 SF industrial/commercial building
- Conditional Use Permit (CUP) for auto dismantling & repair
- Three oversized 20’ x 12’ bay doors
- ±1,200 SF storage with large sliding door
- Ideal for owner-user, expansion, or value-add repositioning
- Projected 10.92%+ cap rate
Listing Contacts
Valuation Calculator
Valuation Metrics
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?
