FORT MYERS - Investment Income @ 6.75% CAP Rate -SOLD
Property Overview
3206 Cargo St., Fort Myers, FL 33916
Freestanding building situated on 2/3 of an acre with a large fenced yard. Tenant in-place is Argos USA, LLC, an 84-year old, multinational company that produces and markets cement and ready-mix concrete and is the second largest producer in the United States. Their annual 2017 sales were $7.9 billion.
Located in the Southside Industrial Park at Veronica Shoemaker/Hanson St. with easy access to I-75 via Martin Luther King Jr. Blvd.
• Building Size: 5,000± SF Total: Office: 350± SF & Warehouse: 4,650± SF
• Land Size: 30,000± SF
• Five grade-level overhead doors: (2) 12’ x 12’, (2) 14’ x 14’, (1) 12’ x 14’
• Year Built: 1980
• Zoning: Industrial Heavy (City of Fort Myers)
• Real Estate Taxes: $3,040 (2017)
• Parcel ID: 30-44-25-P3-0040A.009A
Property Details
For Sale: | Yes |
---|---|
Property Type: | Industrial |
Subtype: | Free-Standing |
Status: | Sold |
Street Address: | 3206 Cargo Street |
City: | Fort Myers |
Postal Code: | 33916 |
Asking Sale Price: | $525,000 |
Cap Rate: | 7% |
Building Size: | 5000 SF |
Year Built: | 1980 |
Land Size: | 30000 Square Feet |
Zoning: | Heavy Industrial |
Lease Type: | Other |