Marcus & Millichap Sells Zephyrhills Industrial Property For $1.1M With Buyer's Rep Kyle Sorel & Seller's Rep Devin Guilliams & Jaclyn Blair
5028 Airport Road, Zephyrhills, FL, USA
$1,100,000
$51/SF
Building Size
21,347 SF
Asset Type
Industrial
Closing
Feb 1, 2021
AI
The industrial property located at 5028 Airport Road in Zephyrhills has been sold for $1,100,000. The property spans 21,347 square feet, resulting in a price per square foot of $52. The transaction took place on February 2, 2021.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: $1,100,000
- Property Address: 5028 Airport Road, Zephyrhills
- Market: Zephyrhills
The buyer's representative in this deal was Kyle Sorel from No Limit Real Estate, while the seller's representatives were Devin Guilliams and Jaclyn Blair from Marcus & Millichap.
Players
Zephyrhills Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.42%
Cash-on-Cash
-4.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93