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1060 Nursery Road

Winter Springs, FL

Listing Details

  • $950,900
  • MLS# O6380976
  • Type Commercial - Industrial
  • Status Pending
  • 5,880
    Square Feet
  • 0.540 acres
    Lot Size
  • 1981
    Year Built

Description

Under contract-accepting backup offers. COMMERCIAL REAL ESTATE FOR SALE WITH $10k/MO IN LEASES and $100k EQUIPMENT INCLUDED!!!! SELLER FINANCE!! *****ABSOLUTELY NO LOI (LETTERS OF INTENT) WILL BE ACCEPTED. THEY WILL NOT EVEN BE VIEWED, AND WILL BE TRASHED, INSTANTLY. ALL OFFERS ON COMMERCIAL FARBAR CONTRACTS WITH PROOF OF FUNDS ATTACHED*****$1,199,900 and SELLER FINANCE with $600,000 DOWN!! 0 PRCT PAYMENTS FOR 36 MONTHS AMORTIZED FOR 25 YEARS, AND BALLOON IN 36 MONTHS. YES, ZERO INTEREST!!! CASH FLOW EVEN AFTER PRINCIPAL PAYMENT! AND EVERY $1 PAID IS PAYING DOWN THE BALANCE ON THE PROPERTY! WOW!!! Also, will take the loan out an additional... Read more 24 months, total of 60, but a rate would be negotiated if this extension is wanted/needed. 0 PRCT is good for 36 months!! Nice way to pay it down then refi to an actual lender!!!! Option 2: Seller Finance with only $260k down, but at 8 Perct interest amortized at 25 years with a 36 month balloon. Or 10 Perct interest for a 60 month balloon. This is a great deal as its superior to any hard money, private money, and is even competitive with conventional loans, as NO BANK will finance you for just 21 Perct down on a commercial investment property!! Dont miss out! Payments amortized at 25 years.Option 3: The CASH ME OUTSIDE option!!! Knock off $200K from the price and lets get closed in 30 days!!! THAT IS LESS THAN $1MILLION AT JUST $999,900 CASH!!!!!! What a great deal and way to 1031 Exchange into a cash-flowing asset rather than rushing just to hold a useless property just to avoid capital gains!!! 11.4 Cap Rate almost 18 Cap after leaseback ends!!!!! Dont sleep on this one!!! NOI: $114k (net operating income) which includes seller leaseback of a few of the units. Once seller leaseback terminates in 5 years, your NOI will be closer to $200k!! Price lowered tremendously with this new deal structure!! Acquire the property for far less money than the original price and your return is still pretty nice off the bat, and once the leaseback terms out, you will be earning even more at closer to $200k which is an even better return. **IF YOU DO NOT WANT A LEASEBACK TO THE SELLER, WE CAN WORK OUT A NUMBER TO MAKE THAT MAKE SENSE, TOO!! Dont miss your chance to dance!15-Unit Retail building.Frontage of 6-lanes of traffic on US Hwy 17-92.North Orlando FL area. So close you can walk to the auto auctions!(AutoNation Auto Auction and Orlando Longwood Auto Auction)Tenants are auto dealers. Perfect chance to set up a dealership and make money on rent and cars!! I can also include in the sale helping you set up your very own auto dealership!!! Building was recently renovated so the units all look new inside. No nasty carpet anywhere. LVP floors and tiled floors throughout.C-2 Commercial ZoningFuture Land Use MXD (mixed development)So, you can convert to condos or efficiencies and get section-8 tenants etc. Or keep it rolling as retail and collect the gorgeous return!

Key Features

No amenity information available.

View All Features
1060 Nursery Road
Winter Springs, FL 32708
Subdivision
TALMO
County
Seminole

Contact the Agent

Luxury Homes Specialist
Contact the Listing Agent
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All Property Features

  • Property Type: Commercial - Industrial
  • Cooling: Other
  • Days on Site: 126
  • Directions: Take US Hwy 17-92 North towards Sanford from Longwood. When you see Mazda on your left, you will see a large purple building on your right at the corner of 17-92 and Nursery Road. Make a right on Nursery Road and the property will be on your right. 1060
  • Exterior: Metal Siding
  • Flood Zone Code: X
  • Foundation: Slab
  • Home Warranty Y/N: No
  • Lot Dimensions: 0.54
  • Lot Size: 0.54 Acres
  • Ownership: Fee Simple
  • Property Attached Y/N: No
  • Property Sub-Type: Industrial
  • Sale Includes: Building(s) and Land, Furniture/Fixtures, Leases, Other
  • Showing Instructions: See Remarks
  • Special Sale Provisions: None
  • Taxes: $4,374
  • Water Access Y/N: No
  • Year Built: 1981
  • Zoning: C-2