Listed by PRIMEFIT PROPERTIES LLC
$1,350,000
Multi-Building Campus | Income Producing | Orange City, FL
Details
Property Type Special Purpose
Sub Type School
Square Footage 6,060
Net Rentable (SqFt) 6,060
Cap Rate 6.91%
NOI $93,324
Occupancy 100%
Tenancy Multi
Lease Type Gross
Price per SqFt $223
Class B
Year Built 1967
Year Renovated 2025
Buildings 4
Acreage 2.250
Zoning GC-2
Investment Type Stabilized
Tenant Credit No Credit Rating
Ground Lease No
Special Purpose | 6.91% CAP | 6,060 SqFt
Marketing description
Income-Producing Commercial Campus with Owner-User Opportunity
123 W Rhode Island Ave presents a rare opportunity to acquire a strategically located 2.25-acre commercial campus featuring four buildings totaling approximately 6,060 SF in Orange City, Florida.
The property currently produces approximately $9,200 per month in rental income while offering immediate flexibility for an owner-user. One tenant's lease is approaching expiration, allowing a future owner to occupy the front two buildings totaling approximately 2,500 SF while maintaining income from the remaining leased improvements.
This unique asset is ideal for professional offices, medical users, educational facilities, churches, nonprofits, training centers, or investors seeking a stabilized property with upside potential.
Investment highlights
Investment Highlights
- 2.25 Acres
- Four Buildings Totaling Approximately 6,060 SF
- Approximately $9,200 Monthly Rental Income
- Owner-Occupancy Opportunity Available
- Front Two Buildings Approx. 2,500 SF
- Excellent Parking Capacity
- Convenient Access to US 17-92 / Volusia Ave
- Multiple Commercial Use Possibilities
- Expansion and Redevelopment Potential
- Strong Demographics and Growing Trade Area
- Properties offering both cash flow and owner-user flexibility are increasingly difficult to find. This commercial campus delivers both.
Listing Contacts
Listed by PRIMEFIT PROPERTIES LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$93,324.00
$7,777.00/mo
Valuation Metrics
0
DSCR
6.91%
Cap Rate
6.91%
ROI
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