Miguel Pinto Of TerraMap Properties Acquires Industrial Asset From Paul Demetree For $3M
SOLD
$3,000,000
Florida
See Similar DealsIndustrial30,000 SF
Sold 08/11/2025
SOLD
Miguel Pinto Of TerraMap Properties Acquires Industrial Asset From Paul Demetree For $3M
1495 Seminola Boulevard
See Similar DealsIndustrial30,000 SF
Sold 08/11/2025
Summary
FLORIDA
Asset Type:Industrial
Price Per Square Foot:$100
Total Square Footage:30,000 SF
Transaction Type:Sale
The property involved in this transaction is an industrial asset located at 1495 Seminola Boulevard in Casselberry. The sale price was $3,000,000, and the property encompasses a total of 30,000 square feet, resulting in a price per square foot of $100.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $3,000,000
- Address: 1495 Seminola Boulevard
- Market: Casselberry
- Square Footage: 30,000
- Price Per Square Foot: $100
- Buyer: Miguel Pinto - TerraMap Properties
- Seller: Paul Demetree - Canterbury Enterprise
- Buyer's Representative: Felipe Escobar - APEX Capital Realty
The transaction featured prominent individuals, including the buyer Miguel Pinto, representing TerraMap Properties, and the seller Paul Demetree from Canterbury Enterprise. Felipe Escobar served as the buyer's representative affiliated with APEX Capital Realty.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$160,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$10,658.36
Cash-on-Cash Return-1.27%
Monthly Debt Service$14,221.53
Annual Debt Service$170,658.37
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