9780 E Indigo St | Palmetto Bay, FL 33157
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9780 E Indigo St
Palmetto Bay, FL 33157
Office Property For Sale
PROPERTY FACTS
Property Type
Office
Property Size
15,558 sq ft
Costar Property Class
B
Year Built
2006
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
5,186 sq ft
Plot ratio
1.08
Total Plot Size
0.33 ac
Use Class
DUV - Development of Urban Village
Parking
35 Spaces (2.25 Spaces per 1,000 sq ft Leased)
AMENITIES
- Bus Route
- Kitchen
ABOUT 9780 E INDIGO ST , PALMETTO BAY, FL 33157
The well located three story office building built in 2006 is easy to manage with four tenants. Value add story with most rents below market; opportunity to mark rents to market and convert to NNN terms. The net rentable area is 10,400 SF. There is a first floor tenant with 1,077 SF with the lease expiring on 12/31/18 that would be perfect for an owner-user. The asking price of $216 PSF is below most sale comparables and well below replacement cost plus land.
PROPERTY TAXES
| Parcel Number | 33-5032-007-0240 | Improvements Assessment | £810,394 |
| Land Assessment | £456,904 | Total Assessment | £1,267,298 |
PROPERTY TAXES
Parcel Number
33-5032-007-0240
Land Assessment
£456,904
Improvements Assessment
£810,394
Total Assessment
£1,267,298
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