facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Florida

/

Land

/

Sale

/

561 Keuka Road

Updated Oct 29, 2024

HTB Cabinet Inc Acquires 456 Acres Of Industrial Land In Interlachen For $3.9M
SOLDLand

HTB Cabinet Inc Acquires 456 Acres Of Industrial Land In Interlachen For $3.9M

561 Keuka Road

$3,900,000

Building Size

Asset Type

Land

Closing

Apr 14, 2023

About this deal

AI

A 450-acre industrial land parcel located in Putnam County, Florida has been sold for $3.9 million to cabinet manufacturer HTB Cabinet Inc. The property, situated at 561 Keuka Road in Interlachen, features numerous buildings, a runway, airplane hangars, a barn dominium, and three studio cabins. With its Heavy Industrial, Mining, R-2, and Agricultural zoning, the site is well-suited for HTB's distribution center. Additionally, the property benefits from its proximity to a CSX rail line, offering the potential for a spur.

Summary of transaction details:

  • Property Type: Land
  • Transaction Amount: $3,900,000
  • Date: 04/14/2023
  • Market: Interlachen
  • Address: 561 Keuka Road
  • Asset Type: Land
  • ACRES: 456

The transaction was facilitated by Jena Baker-Dennis and Amanda Arnett Edwards of Great Expectations Realty, representing the buyer and seller respectively. Their expertise in the field of real estate played a crucial role in successfully closing this deal for HTB Cabinet Inc and Keuka Farms LLC.

Players

Jena Baker-Dennis

Great Expectations Realty

Broker

$6.8M

vol

2 deals

Broker

Interlachen Land Market Snapshot

Boundary boundary · Land · Sale transactions

Loading comparables…

Deal FAQ

Visit Jena Baker-Dennis to view all their deals.

Browse Interlachen land sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.07%

Cash-on-Cash

-1.16%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets