92-102 N John Sims Pky
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92-102 N John Sims Pky
7,100 SF 100% Leased Retail Building Valparaiso, FL 32580 $1,412,225 CAD ($199 CAD/SF)
Investment Highlights
- Located on heavy trafficed State Road. Less than 1.5 miles from targeted audience of USAF's largest base in the country.
Executive Summary
Dive Center and 6-plex commercial office/retail complex for sale.
Discovery Dive World is a 32-year established dive center with solid financials and an established customer base. DDW is located within the retail complex, which boasts 100% occupancy year after year and generates positive cash flow and accelerates an owner rapidly toward a break-even date.
Take advantage of investing in an established business versus starting your own! It eliminates what's usually a 3 to 5-year period spending tons of energy marketing and establishing brand awareness, while pouring money into it as you try to cover your own salary. People who don’t have exceptional marketing skills often struggle with a start-up business. With an established, long-standing dive shop you inherit a vast customer base right from the start and can find yourself immediately ready to teach, manage diving programs, and exploring new dive travel group adventures... because the hard-earned legwork is already accomplished for you!
Sale includes a 30-year established dive center (assets, inventory, etc..), 13-year established GSA contract (approved sales to all federal agencies, including DoD), 6-plex commercial office/retail rental property and adjoining parking lot.
Location: 92 S John Sims Pkwy, Valparaiso, FL 32580.
Contact owner for more information: support@discoverydiveworld.com
Discovery Dive World is a 32-year established dive center with solid financials and an established customer base. DDW is located within the retail complex, which boasts 100% occupancy year after year and generates positive cash flow and accelerates an owner rapidly toward a break-even date.
Take advantage of investing in an established business versus starting your own! It eliminates what's usually a 3 to 5-year period spending tons of energy marketing and establishing brand awareness, while pouring money into it as you try to cover your own salary. People who don’t have exceptional marketing skills often struggle with a start-up business. With an established, long-standing dive shop you inherit a vast customer base right from the start and can find yourself immediately ready to teach, manage diving programs, and exploring new dive travel group adventures... because the hard-earned legwork is already accomplished for you!
Sale includes a 30-year established dive center (assets, inventory, etc..), 13-year established GSA contract (approved sales to all federal agencies, including DoD), 6-plex commercial office/retail rental property and adjoining parking lot.
Location: 92 S John Sims Pkwy, Valparaiso, FL 32580.
Contact owner for more information: support@discoverydiveworld.com
Financial Summary (Actual - 2022) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
Financial Summary (Actual - 2022) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Building Size
7,100 SF
Building Class
C
Year Built
1955
Price
$1,412,225 CAD
Price Per SF
$199 CAD
Business Value
$566,988 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.45
Land Acres
0.36 AC
Zoning
Commercial - commercial
Parking
12 Spaces (1.69 Spaces per 1,000 SF Leased)
Frontage
112 ft on John Sims Pky (Hwy 20)
Amenities
- Pylon Sign
- Tenant Controlled HVAC
- Recessed Lighting
- Air Conditioning
About 92-102 N John Sims Pky , Valparaiso, FL 32580
6-plex retail/office complex with neighboring parking lot. Cinder block construction. Recently painted and renovated. Each unit has it's own restroom and AC/heating system. Boasts 100% occupancy over the years. Utilities are billed separately. Current leases do not include any charges for insurance, maintenance or property tax (i.e., the leases are not Triple Net). The commercial rental property has significant positive cash flow. The dive shop business has significant positive cash flow.
PROPERTY TAXES
| Parcel Numbers | Total Assessment | $457,815 CAD (2023) | |
| Land Assessment | $248,923 CAD (2023) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $208,892 CAD (2023) | Tax Year | 2022 Payable 2023 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$248,923 CAD (2023)
Improvements Assessment
$208,892 CAD (2023)
Total Assessment
$457,815 CAD (2023)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2022 Payable 2023
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Robert Provost - Discovery Dive World
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92-102 N John Sims Pky
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