Value Add Purchase Opportunity. Property was designed for (2) identical buildings. Only one building was built. The 2nd had most horizontal infrastructure in place. Parcel is 2.48 acres NOI: $187,862.00 Adjusted CAP Rate: 6.15% - with an asking value of $3,054,545.00 for existing building - Plus $545,454.00 for building site (Not included in 6.15% Cap Rate). See Following: Considering a min value of $545,454.00 this equates to $33.49/sf under the original designed building or a $8.37 /sf in land value at a 25% building coverage ratio. Site work including: Site Lateral Plumbing, Retention, Hard & Pervious Parking intended for second building are already in place Building is 16,278 RSF. (6) Office Suites on 1st Fl w/ direct entrances. 2nd Floor has (2) Tenants, 3rd Floor has (2) Tenants. 3 of the Tenants have combined multiple suites. Most Tenants have been in place since 2019. Newest 3,300 sf Tenant agreed to a 5 year term in 2024 Above conditions and referenced property entitlements need to be verified with county by purchaser in a due diligence period.