Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
2003
Sq.Footage
N/A
This industrial Flex Building built in 2003 on 3.24 acres fronting US Hwy 26 and NE Cherry Lane in the Madras Industrial Park, Eagle Ridge Business Park. Zone C-1. The building is100% occupied and has been since it was built 17 years ago. Site plan has 2 acres for expansion, 3 additional buildings contemplated, heavy demand for additional space. Located in the Opportunity Zone which is beneficial to those with 1031 exchanges and the Madras Enterprise Zone that can provide property tax abatement to certain traded sector employment options. Building has 6 roll up doors, 4 of which are 12' wide by 14' high. The property has a monument sign along US Hwy 26 complete with landscaping, excellent curb appeal. The building is fully sprinkled for fire.The current development uses just over 1 acre, with 2 acres for expansion. CAP rate is figured at $750,000 value in current building and $350,000 in additional land. Broker Rick Allen owns 50% of the building.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Basement YN
NO
-
Cooling YN
NO
-
Cooling
None
-
Heating YN
YES
-
Heating
Natural Gas, Other
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
Asphalt, Parking Lot
-
Pool
No
-
View
Mountain(s), Territorial
Area & Lot
-
Lot Features
Corner Lot, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
-
Lot Size(acres)
3.24
-
Property Type
Commercial Sale
Price
-
Sales Price
$1,095,000
-
Tax Amount
13300.0
-
Zoning
Industrial
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Slab
-
Sewer
Public Sewer
-
Tax Lot
00101
-
Water Source
Public
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Location
County
Jefferson
Elementary School
Middle School
High School
Listing Courtesy of Richard Allen , Willow Canyon Group
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Agent / Realtor®
TaylorLabno
Call Taylor today to schedule a private showing.
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