Marcus & Millichap sells 47,582sf building

ASTATULA - Marcus & Millichap Real Estate Investment Services announced the sale of Ranch Road Industrial, a 47,582sf industrial property in Astatula, according to Richard D. Matricaria, regional manager of the firm’s Orlando office. The asset commanded a sales price of $415,000.

Justin West and Mark Thompson, investment specialists in Marcus & Millichap’s Orlando office, had the exclusive listing to market the property on behalf of the seller, a bank/financial institution. 

The buyer, a private investor, was secured by Justin West, an investment specialist in Marcus & Millichap’s Orlando office.

Ranch Road Industrial is at 24621 Ranch Road. The property consists of two industrial-style warehouse buildings with approximately 47,582sf.