Warehouse Investment Opportunity Commercial 6811 Shrimp ... · Warehouse Investment Opportunity...
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Warehouse Investment Opportunity 6811 Shrimp Road | Stock Island FL 33040 Commercial $3,400,000 • Approximately ~12,600 SF / Ceilings 26' • Lot Size 33,105 sf • Zoning MI / Flood Zone AE • Year Built 2007 Perfect 1031 Exchange property overlooking the burgeoning Stock Island waterfront redevelopment area. 12,600 SF warehouse built above flood level with 26 foot high ceilings. The property is located adjacent to Stock Island Marina Village. The property is leased to a government marine services contractor. The Seller leases a small portion of the premises and would consider remaining. Team Gardner-Langley Commercial Services [email protected] 305-902-BHHS (2447) www.keysrealestate.com 336 Duval St. Key West, FL 33040 ©2020 BHH Affiliates, LLC. Real Estate Brokerage Services are offered through the network member franchisees of BHH Affiliates, LLC. Most franchisees are independently owned and operated. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of HomeServices of America, Inc.® Information not verified or guaranteed. If your property is currently listed with a Broker, this is not intended as a solicitation.
Transcript of Warehouse Investment Opportunity Commercial 6811 Shrimp ... · Warehouse Investment Opportunity...
Warehouse Investment Opportunity6811 Shrimp Road | Stock Island FL 33040
Commercial
$3,400,000
• Approximately ~12,600 SF / Ceilings 26'
• Lot Size 33,105 sf
• Zoning MI / Flood Zone AE
• Year Built 2007
Perfect 1031 Exchange property overlooking theburgeoning Stock Island waterfront redevelopmentarea. 12,600 SF warehouse built above flood levelwith 26 foot high ceilings. The property is locatedadjacent to Stock Island Marina Village. Theproperty is leased to a government marine servicescontractor. The Seller leases a small portion of thepremises and would consider remaining.
Team Gardner-LangleyCommercial Services
[email protected] (2447)
www.keysrealestate.com
336 Duval St. Key West, FL 33040©2020 BHH Affiliates, LLC. Real Estate Brokerage Services are offered through the network member franchisees of BHH Affiliates, LLC. Most franchisees areindependently owned and operated. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks ofHomeServices of America, Inc.® Information not verified or guaranteed. If your property is currently listed with a Broker, this is not intended as a solicitation.
6811 Shrimp Road Key West, FL 33040
Tenant Term Base Rent Annual NNN Total Mo.** Increase
Meritek 10/1/2016 – 9/30/2017 $18,258.57 3% $1,643.94 $19,902.51 Constellation $ 2,000.00 ‐ ‐ $ 2,000.00 Total $20,258.57 $21,902.51
Meritek 10/1/2017 – 9/30/2018 $18,806.33 3% $1,693.26 $20,499.59 Constellation $ 2,000.00 ‐ ‐ $ 2,000.00 Total $20,806.33 $22,499.59
Meritek 10/1/2018 – 9/30/2019 $19,370.52 3% $1,744.06 $21,114.58 Constellation $ 2,000.00 ‐ ‐ $ 2,000.00 Total $21,370.52 $23,114.58
Meritek 10/1/2019 – 9/30/2020 $19,951.63 3% $1,796.38 $21748.01 Constellation $ 2,000.00 ‐ ‐ $ 2,000.00 Total $21,951.63 $23,748.01
Meritek 10/1/2020 – 9/30/2021 $20,550.18 3% $1,850.27 $22,400.45 Constellation $ 2,000.00 ‐ ‐ $ 2,000.00 Total $22,550.18 $24,400.45
** Tax Exempt
Lease may be extended by mutual agreement
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6811 Shrimp Rd, Stock Island, FL 33040 590229 Commercial Active $3,400,000
Provided as a courtesy ofTeam Gardner/LangleyBerkshire Hathaway Knight & Gardner Realty336 Duval St.Key West, FL 33040Office - (305) [email protected]://www.keysrealestate.com
Listing Board: Key West Association Range Pricing: Limitd Reprsntation: YesAs is Rght to Inspct: For Sale/Lease: For Sale Potential Short Sale: NoBank Owned: No Species List:
Off Shore Island: Subdivision: Safe Harbor Maritime(5.0)
Mile Marker: 5
County: Monroe Area: 05 - Stock Island toShark Key
KW Neighborhood:
MarathonNeighborhood:
N/A Side: Ocean Flood Zone: AE
Alternate Key #: 9089578 Add'l Parcel #1: Add'l Parcel #2:Parcel #: 00123730-000100 Bldg Nbr: Zoning: MI - Maritime
Industries DistrictTaxes: 9,179.17 Tax Year: 2019
Style: Commercial Lot Size: 33260 Lot SqFt: 33,260Waterfront: Yes Control Depth: 0 Business Name:Year Established: # Parking Spaces: Off Street Parking:# Stories: Building Ht. Ft.: Total # Buildings:Building SqFt: 12,600 SqFt Source: Net Leasable Area: 12,600Total Units: 0 Year Built: 2007 Total Bedrooms: 0Full Baths: 0 Half Baths: 0 Total Baths:
Sold Comments: Sold Remarks:
Remarks - Consumer: Perfect 1031 Exchange property overlooking the burgeoning Stock Island waterfront redevelopment area. 12,600 SFwarehouse built above flood level with 26 foot high ceilings. The property is located adjacent to Stock Island Marina Village. The property isleased to a government marine services contractor. The Seller leases a small portion of the premises and would consider remaining.Directions: Legal: 35 67 25 BAY BTM SOUTH OF ADJ TO PT BLK 57 STOCK ISLAND OR286-270/73 OR315-531/32 OR866-2460/2464E OR866-2474/2477E OR86
Association Info: Mandatory Home OwnersAsc: No; 1st Right of Refusal: NoType: Boat Sales/Service; LightManufacturing; Professional Service; Retail;Wholesale Mfg/Wrhse; Other ServicesWaterfront: OceanfrontWaterview: Ocean ViewDockage: None
Utilities: FKAA; Municipal SewerAppliances: No AppliancesMiscellaneous: Loading DockConstruction: CBS; Steel; Other Construction
Land Size: 1/2 - Less Than 1 ACFee Includes: OtherShow: 48 Hour Notice; Tenant OccupiedFinancial Status: Bank Owned: No; PotentialShort Sale: No
Days On Market: 0 List Price: 3,400,000
Information is deemed to be reliable, but is not guaranteed. © 2020 MLS and FBS. Prepared by Team Gardner/Langley on Wednesday, March 11, 2020 12:56PM. The information on this sheet has been made available by the MLS and may not be the listing of the provider.
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Photos for MLS # 590229 6811 Shrimp Rd, Stock Island, FL 33040 $3,400,000
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MLS # 590229 6811 Shrimp Rd, Stock Island, FL 33040 $3,400,000
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Street Map for MLS # 590229 6811 Shrimp Rd, Stock Island, FL 33040 $3,400,000
3/11/20, 12(07 PMqPublic.net - Monroe County, FL - Report: 00123730-000100
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Monroe County, FL
The Monroe County Property Appraiser's office maintains data on property within the County solely for the purpose offulfilling its responsibility to secure a just valuation for ad valorem tax purposes of all property within the County. TheMonroe County Property Appraiser's office cannot guarantee its accuracy for any other purpose. Likewise, dataprovided regarding one tax year may not be applicable in prior or subsequent years. By requesting such data, youhereby understand and agree that the data is intended for ad valorem tax purposes only and should not be relied on forany other purpose.
By continuing into this site you assert that you have read and agree to the above statement.
Parcel ID 00123730-000100Account# 9089578Property ID 9089578Millage Group 110ALocationAddress
6811 SHRIMP Rd, STOCK ISLAND
LegalDescription
35 67 25 BAY BTM SOUTH OF ADJ TO PT BLK 57 STOCK ISLAND OR286-270/73OR315-531/32 OR866-2460/2464E OR866-2474/2477E OR866-2451/2455EOR2301-2206/07 OR2301-2208 OR2319-136/37C OR2319-138/39C(Note: Not to be used on legal documents.)
Neighborhood 10060PropertyClass
LIGHT MANUFACTURING (4100)
SubdivisionSec/Twp/Rng 36/67/25AffordableHousing
No
2019 2018 2017 2016
+ Market Improvement Value $446,797 $0 $0 $0
+ Market Misc Value $0 $0 $0 $0
+ Market Land Value $565,753 $890,000 $890,000 $890,000
= Just Market Value $1,012,550 $890,000 $890,000 $890,000
= Total Assessed Value $979,000 $890,000 $890,000 $890,000
- School Exempt Value $0 $0 $0 $0
= School Taxable Value $1,012,550 $890,000 $890,000 $890,000
Land Use Number of Units Unit Type Frontage Depth
COMMERCIAL DRY (100D) 33,260.00 Square Foot 0 0
Style LT MFG/PREENG BLDG-D / 41DGross Sq Ft 12,600Finished Sq Ft 12,600Perimiter 0Stories 1Interior Walls WD PANL/CUSTOMExterior Walls METAL SIDINGQuality 350 ()Roof Type STEEL TRUSSRoof Material METALExterior Wall1 METAL SIDINGExterior Wall2
Disclaimer
Summary
Owner
CONSTELLATION YACHTS INC 6811 Shrimp Rd Key West FL 33040
Valuation
Land
Commercial Buildings
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Foundation CONCRETE SLABInterior Finish WD PANL/CUSTOMGround Floor AreaFloor CoverFull Bathrooms 0Half Bathrooms 0Heating TypeYear Built 2007Year Remodeled 0Effective Year Built 2007Condition GOOD
Code Description Sketch Area Finished Area Perimeter
FLA FLOOR LIV AREA 12,600 12,600 0
TOTAL 12,600 12,600 0
Sale Date Sale Price Instrument Instrument Number Deed Book Deed Page Sale Qualification Vacant or Improved
6/12/2007 $352,500 Warranty Deed 2301 2208 Z - Unqualified Vacant
Number Date Issued Date Completed Amount Permit Type Notes
14100927 9/30/2014 9/30/2014 $6,100 Commercial ATF SHED
14100927 9/30/2014 2/12/2015 $6,100 Commercial "ATF" ELEVATED SHED. ELECTRIC INCLUDED
07101396 4/26/2007 6/26/2007 $72,976 Commercial Fire Sprinkler System
06106680 1/9/2007 8/20/2007 $8,500 Commercial Elec Misc
04-0820 3/29/2004 5/17/2005 $5,700 Commercial Fence Retaining
00104071 8/5/2002 12/30/2002 $81,702 Commercial Boat Bldgs
01/0757 3/15/2001 7/16/2001 $21,000 Commercial Roofing
990300 1/27/1999 7/16/2001 $1,200 Commercial Elec Misc
990244 1/25/1999 7/16/2001 $1,000 Commercial Elec
A-9467 5/1/1982 12/1/1982 $6,000 Commercial Screened Net Shed
View Taxes for this Parcel
Sales
Permits
View Tax Info
Sketches (click to enlarge)
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Photos
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