Industrial building pad for a 3500 sf warehouse ready for building with all utilities on the property. Also installed is a 6-inch, concrete parking area with 7+ stalls. Numbers work for investors, too: 3500 sf building costing $130,000 installed. First year zero income for construction period. NOI=31,500 in year 2 with 2% net increases each year thereafter Sale price of $306,984 after 5 years (2% growth each year) IRR=10.52%
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This Land for sale is currently listed for $148,000.
Located in Silverdale, WA, 6384 NW Concrete Blvd #Lot B features a lot size of 9,752 Sq. Ft. and was built in .
It has been on Coldwell Banker for 106 days. This listing is provided courtesy of RE/MAX VICTORY.
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4235 Se Mile Hill Drive, Box 108
Port Orchard, WA 98366
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