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110 Atlantic DRIVE

Commercial Recently Sold
$2,300,000

BTC: 29.18411739

ETH: 939.15884034

Sold on: 2021-05-21
28 days
0 room(s)

Overview

Excellent Industrial Building Investment producing a 6.15% cap rate with a long term established tenant. Well maintained 22,526 sq ft building off Hwy 17-92 close to Orlando, approx. 6 minutes to I-4 and 3 minutes to The Sun Rail. The building consists of Office/Manufacturing/Warehouse space, is 100% under A/C and has been recently painted, re-plumbed, and bathrooms renovated. Building only - for sale – tenant is on a triple net lease and has been in business since 1977 and in this building since 1990. Tenant will sign a new 5-year lease with option for 3 to 5 additional years. Great building, location, and investment. All information is deemed accurate but should be verified by buyer. ;Water: City

Location

Details

Type:
Commercial Sale
Parking:
Other
Year Built:
1969
Lot:
1.15 Acres
Heating:
Central
Price/sqft:
No Data
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$450,000
$116K – $1.7M
Confidence Low
List vs. estimate
$2.0M above estimate
List $2,500,000 · +455.6%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.
All facts and features
  • Heating

    • Central

    Cooling

    • Central Air

  • Parking

    • Other

    Property

    • Levels: Two

    Lot

    • Lot: 1.15 Acres

    Other Property Information

    • Parcel Number: 1921305140B000010

    • Zoning: M-1

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Other

  • Source details

    • MLS ID: NS1062402

    Other facts

    • Construction Materials: Stucco

    • Water Source: See Remarks

    • Subdivision Name: Seminole Indust Park 1st Add

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the New Smyrna Beach Board of Realtors from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present New Smyrna Beach Board of Realtors. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: CENTURY 21 ALTON CLARK