Trying to figure out the best way to put an offer together on this warehouse lot as a cash buyer to a bank owned warehouse portfolio.It is bank owned .9 acres of commercial land with 4 separate warehouses totaling just under 13,000 sq ft. in an opportunity zone. 400 feet away a $88 million dollar real estate project just got approved by the city as well. 

Wanted to see what some other skilled investors thought on these numbers. 4 units total of just under 13,000 square feet of warehouses in area renting for $11 sq/ft and ARV of $118 per sq ft for sale 

The unemployment rate in NE Florida is under 3% and its a tough place to try and find warehouse space.

Their warehouse/office is right around the corner. 

My sense is that it worked ok, but what he did was to find warehouse space and they finished out the inside vs building from scratch.

Compare the Warehouse district, where the 1BR, $1550/month Park Deveraux property isn't on Zillow and the Boylan Heights $3,885 3BR isn't either. 

You can add temperature and moisture sensors too. 

I'm looking at a property in Berlin, NH. It's mixed-use, 36k sf total. There are several rentable garage bays (about 50% rented), a storefront (vacant), and one finished 2-bedroom apartment (currently rented). Upstair...

I get mine at surplace warehouse.

When I do call them my first idea is to call and assume they got my postcard (use this as a temperature gauge if they did/care), see if they have seen the property lately if they're not owner occupied, if they are ask how they've liked lately and then transition into seeing if they're open to selling it, what they expect for pricing and if it's within 10-15% of the price I'm willing to buy at then put in an offer, inspect it, tear it apart and then renegotiate at the number I'm comfortable at.