25888 FL-73 - Warehouse FOR SALE


Altha, FL 32421
$10,000,000 USD
850-666-1552
25888 FL-73, Altha, FL for Sale
$10,000,000 USD
Warehouse - FOR SALE
1/6
null | Request Cap Rate

25888 FL-73
Altha, FL 32421


HIGHLIGHTS

  • There are great margins for profitability due to the low cost for the parts decades, and a shelf time for a lifetime unless defective.
  • Average HH Income within a 5 mile radius, $62,526.

OVERVIEW

The Masters Farm Supply Store has been selling LS tractors and various international and domestic farm supply products for over 50 years, making it a well-established business. LS tractors are known for their reliability, and Masters Farm Supply offers a wide range of farm supplies that must cater to the diverse needs of farmers. The store has approximately $5 million in accountable inventory, along with several million dollars’ worth of unaccounted inventory that comes with the sale. With low-cost parts that have a long shelf life, unless defective, the business offers great profit margins. The large amount of accountable inventory, combined with additional unlisted inventory, speaks to the scale of operations at Masters Farm Supply. The long shelf life of parts and strong margins suggest a solid foundation for long-term profitability. It's clear that the store has been successful in meeting farmers' needs and maintaining a strong inventory management system. Although the business has zero market presence and does not conduct any online advertising, it does have a website with contact information and location. The store operates on a 12-acre plot of land with a 30,000-square-foot warehouse and additional storage buildings. The low-cost parts allow Masters Farm Supply to offer affordable prices to customers. As a family-owned business, they have prioritized customer satisfaction for over 50 years. They carry both domestic and international parts, including hard-to-find items, and are equipped with two air conditioning units and two deep wells. It’s impressive that the business has thrived without relying on online advertising or sales. Their focus on offering affordable prices and an extensive inventory, including rare parts, has contributed to their ongoing success. The family-owned ethos adds a personal touch that resonates with their loyal customer base, and the spacious infrastructure, including the warehouse and additional storage buildings, reflects their ability to effectively serve their customers.

FOR SALE DETAILS

PRICE

$10,000,000 USD

PRICE/SF

$333 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Master Farm Supply

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

11.92

LAND SF

519,246

ZONING

-

APN/PARCEL ID

25-2N-10-0000-0023-0000

ASK ABOUT THIS PROPERTY

Vincent DiMennaPremier Commercial GroupMore Info
850-666-1552

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Vincent DiMennaPremier Commercial GroupMore Info
850-666-1552

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.