301 Ryder LANE, #1131, 1125, Casselberry, FL, 32707 | $570,000

JOHN SADRI & COMPANY is proud to present this INVESTMENT OR OWNER-USER OPPORTUNITY, a versatile flex space which houses a state-of-the-art ghost or catering kitchen. It features Captive Aire Exhaust Hood and Grease Fire Suppression System and Extinguisher, gas water heater, enhanced grease trap system and industrial chemical & water resistant flooring (Tnemec). The space includes two entrances, two ADA-compliant restrooms, two office spaces for order processing, and two grade-level roll-up doors with loading bays providing drive-in garages for vehicle or equipment storage with EV charging. 3 Phase 200A power with an additional 60A sub-panel. This space is comprised of two adjoining units; unit 1131 & 1125.

The current CAP RATE is above 7. The tenant is a strong corporate entity and has been there since August 2021 and the lease is set for renewal in December 2026. Tenant is obligated to stay on till the renewal date but also has agreed to VACATE with a 30-day notice. The property is centrally located off of SR 436, in the Anchor Road Commerce Center and is in close proximity to other major transportation routes such as I-4 and US Hwy 17-92. Demographics include population of over 100, 000 and median household income of over $60, 000 a year within a three-mile radius.

Features

  • Property Type: Warehouse
  • Construction: Concrete, Metal Frame
  • Utilities: Natural Gas Available, Public, Water Connected
  • Garage: 1 to 5 Spaces, Electric Vehicle Charging Station(s), Ground Level
  • Levels: 1
  • Heating: Central, Natural Gas
  • Cooling: Central Air
  • Year Built: 2006
  • Approx Sq. Feet: 2,400
  • Acreage: 0.06
  • Est. Taxes: $2,363
  • Condo Fee: $639 Monthly
  • Lot Desc: Corner Lot, Industrial Condo
  • MLS#: O6246383
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/O6246383/301ryderlane_casselberry_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/21/2024 4:07:10 PM)
Listing courtesy of JOHN SADRI & COMPANY   Phone: 407-619-9999

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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301 Ryder LANE, #1131, 1125, Casselberry, FL, 32707

$570,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $456,000 $456,000 $456,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.296%
Monthly Tax Payment $197 $197 $197
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,034 $3,031 $3,846
Total Monthly Payment $3,323 $3,320 $4,135

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.