1060 Nursery Road Winter Springs, FL 32708
Pending MLS# O6380976
5,880 sq ft Commercial
Details for 1060 Nursery Road
MLS# O6380976
Description for 1060 Nursery Road, Winter Springs, FL, 32708
Under contract-accepting backup offers. COMMERCIAL REAL ESTATE FOR SALE WITH $10k/MO IN LEASES and $100k EQUIPMENT INCLUDED!!!! SELLER FINANCE!! *****ABSOLUTELY NO LOI (LETTERS OF INTENT) WILL BE ACCEPTED. THEY WILL NOT EVEN BE VIEWED, AND WILL BE TRASHED, INSTANTLY. ALL OFFERS ON COMMERCIAL FARBAR CONTRACTS WITH PROOF OF FUNDS ATTACHED***** $1,199,900 and SELLER FINANCE with $600,000 DOWN!! 0 PRCT PAYMENTS FOR 36 MONTHS AMORTIZED FOR 25 YEARS, AND BALLOON IN 36 MONTHS. YES, ZERO INTEREST!!! CASH FLOW EVEN AFTER PRINCIPAL PAYMENT! AND EVERY $1 PAID IS PAYING DOWN THE BALANCE ON THE PROPERTY! WOW!!! Also, will take the loan out an additional 24 months, total of 60, but a rate would be negotiated if this extension is wanted/needed. 0 PRCT is good for 36 months!! Nice way to pay it down then refi to an actual lender!!!! Option 2: Seller Finance with only $260k down, but at 8 Perct interest amortized at 25 years with a 36 month balloon. Or 10 Perct interest for a 60 month balloon. This is a great deal as it's superior to any hard money, private money, and is even competitive with conventional loans, as NO BANK will finance you for just 21 Perct down on a commercial investment property!! Don’t miss out! Payments amortized at 25 years. Option 3: The "CASH ME OUTSIDE" option!!! Knock off $200K from the price and let's get closed in 30 days!!! THAT IS LESS THAN $1MILLION AT JUST $999,900 CASH!!!!!! What a great deal and way to 1031 Exchange into a cash-flowing asset rather than rushing just to hold a useless property just to avoid capital gains!!! 11.4 Cap Rate almost 18 Cap after leaseback ends!!!!! Don't sleep on this one!!! NOI: $114k (net operating income) which includes seller leaseback of a few of the units. Once seller leaseback terminates in 5 years, your NOI will be closer to $200k!! Price lowered tremendously with this new deal structure!! Acquire the property for far less money than the original price and your return is still pretty nice off the bat, and once the leaseback terms out, you will be earning even more at closer to $200k which is an even better return. **IF YOU DO NOT WANT A LEASEBACK TO THE SELLER, WE CAN WORK OUT A NUMBER TO MAKE THAT MAKE SENSE, TOO!! Don't miss your chance to dance! 15-Unit Retail building. Frontage of 6-lanes of traffic on US Hwy 17-92. North Orlando FL area. So close you can walk to the auto auctions! (AutoNation Auto Auction and Orlando Longwood Auto Auction) Tenants are auto dealers. Perfect chance to set up a dealership and make money on rent and cars!! I can also include in the sale helping you set up your very own auto dealership!!! Building was recently renovated so the units all look new inside. No nasty carpet anywhere. LVP floors and tiled floors throughout. C-2 Commercial Zoning Future Land Use MXD (mixed development) So, you can convert to condos or efficiencies and get section-8 tenants etc. Or keep it rolling as retail and collect the gorgeous return!
Listing Information
Property Type: Commercial, Industrial
Status: Pending
Lot Size: 0.54 Acres
Square Feet: 5,880 sq ft
Year Built: 1981
Construction: Metal Siding
Subdivision: Talmo Sub
Foundation: Slab
County: Seminole
Utilities
Cooling: Other
Driving Directions
Take US Hwy 17-92 North towards Sanford from Longwood. When you see Mazda on your left, you will see a large purple building on your right at the corner of 17-92 and Nursery Road. Make a right on Nursery Road and the property will be on your right. 1060 Nursery.
Financial Considerations
Tax/Property ID: 33-20-30-513-0E00-0010
Tax Amount: 4374
Tax Year: 2024
A broker reciprocity listing courtesy: REALTY HUB
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Sales History & Tax Summary for 1060 Nursery Road
Sales History
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Tax Summary
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Schools
Schools nearby 1060 Nursery Road
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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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