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You are here: Home / Commercial Real Estate & Developers / Augie Schmidt Sells Investment Property Near Full Occupancy in a Rapidly Growing Market on the East Coast of Florida for $6,475,000

Augie Schmidt Sells Investment Property Near Full Occupancy in a Rapidly Growing Market on the East Coast of Florida for $6,475,000

July 1, 2021 by Post

LAKELAND, FL,  July 1, 2021 – SVN Saunders Ralston Dantzler Real Estate reported the recent sale of a large multitenant investment property for $6,475,000. Listed by Augie Schmidt, Marvin’s Garden Business Center consists of approximately 68,392 square feet across 11 buildings of well-maintained block construction. The space was nearly fully occupied by 53 tenants at the time of sale.

Located between Daytona Beach and Jacksonville, Palm Coast is a rapidly growing market that provides an incredible opportunity for commercial real estate investors. The property is located less than 2.5 miles west of Interstate 95 and is in the direct path of rapid development. 

ABOUT SVN | SAUNDERS RALSTON DANTZLER REAL ESTATE

SVN | Saunders Ralston Dantzler Real Estate is a full-service land and commercial real estate brokerage with over $3.2 billion in transactions representing buyers, sellers, investors, institutions, and landowners since 1996. We are recognized nationally as an authority on all types of land, including agriculture, ranch, recreation, residential development, and international properties. Our commercial real estate services include marketing, property management, leasing and tenant representation, valuation, business brokerage, and advisory and counseling services for office, retail, industrial, and multifamily properties. Our firm also features an auction company, forestry division, international partnerships, hunting lease management, and extensive expertise in conservation easements. Located at the center of Florida’s I-4 corridor, we provide proven leadership and collaborative expertise backed by the strength of the SVN® global platform. To learn more, visit SVNsaunders.com.

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