501 N. Palm Ave
Owner-User or Investor Opportunity | 12,632 SF Commercial Lot | Value-Add Upside
Marketing description
Excellent Opportunity for Owner-User or Investor. Rare opportunity to acquire a versatile commercial lot (Zoned C-2 General Commercial) with strong income potential and value-add upside. Situated on a generous 12,632-square-foot parcel, this property offers flexible use options ideal for an owner-operator looking to secure their own space or an investor seeking future appreciation and cash flow.
The property may be purchased with a 3,600SF (40'x90') metal building for an additional $75,000, providing an efficient and cost-effective solution for immediate occupancy or lease-up. With targeted improvements, the property offers a projected 8.42% cap rate, making it well-suited for a value-add or repositioning strategy. Ample lot size allows for a wide range of commercial or industrial uses, expansion potential, outdoor storage, or operational flexibility. Whether you’re looking to operate your business, expand an existing operation, or enhance returns through improvements, this property delivers both current utility and long-term upside.
Ideal for owner-users, investors, or entrepreneurs seeking flexibility, income potential, and future growth.
Investment highlights
Ideal for owner-users or investors seeking flexibility and upside
12,632 SF commercial lot offering room to operate, store, or expand
Optional 3,600SF (40'x90') metal building available for an additional $75,000 ? cost-effective solution for immediate use
Projected 8.42% cap rate after improvements
Strong value-add and repositioning potential
Long-term upside through improvements and future appreciation
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