$1,390,000

406 Race Track Road N

OLDSMAR FL, 34677

Description

Sitting on close to Two Acres of Land this Active Dual Business is currently at 6% cap rate with the potential of 10-11% at full capacity. An Established U-Haul and RV/Boat Storage features 180-200 Spaces, A 2500 sq. ft Building with a Full Office Area, Bathroom, and Kitchen Area, Another Workshop in back with a potential loft or additional storage. If you were add stackable storage you could triple your cap rate.Very Low Maintenance and Overhead. Great major road exposure and surrounded by Recognized Businesses. The flea market two doors down just sold for $22 million with near future potential to be a great entertainment plaza.This is a property you dont want to miss out on!! Call for a private tour!!

Details

MLS#T3215480
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Year1967
Days On Site317

Features

SQ Feet2,000
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Area Information
StateFL
CountyPinellas
CityOLDSMAR
Zip Code34677
Area34677 - Oldsmar
Listing VS Median (in 34677)
Price:
$1,390,000
low | high
Med:
$260,000
100% of Average
SqFt:
2,000
low | high
Med:
1,860
57% of Average
$ / SqFt:
$695
low | high
Med:
$140
100% of Average
On Site:
317
low | high
Med:
133
100% of Average
Listing Updated: 10/17/2020
Jena Ruffolo LogoMLS Number: T3215480
Listing Provided By:
Jena Ruffolo  of  DALTON WADE INC.

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