11826 NE 62nd Terrace, The Villages, FL
40,000 SF sports complex near The Villages, Florida.
- Added:
- Feb 3, 2025
- Days on Market:
- 494
- Last Refresh:
- May 19 at 8:37 pm
Property Features for 11826 NE 62nd Terrace
General Information
- Standard status
- Active
- Size
- 40,000 SF
- Lot size
- 9.58 Acres
- Property subtype
- INDUSTRIAL
Listing agent Loyd Robbins License #3577625 (941) 356-9659
Listing office Loyd Robbins & Co. LLC (941) 356-9659
Listing date Feb 3, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Loyd Robbins & Co. LLC
HighLights
- Prime location outside The Villages, FL, offering access to a thriving market.
- Substantial construction progress (55% complete), including retention pond, underground utilities, and 85% complete slab and metal building.
- Potential for revenue generation in just 6+ months.
- State‑of‑the‑art 40,000 SF sports complex with modern design and efficiency.
- Versatile layout suitable for diverse business needs (sports complex or industrial/warehouse).
- Strategic location with easy access to key transportation routes for seamless logistics.
Overview
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $576.0k | $14.40 |
| − Vacancy | −$31.1k | −$0.78 |
| EGI | $544.9k | $13.62 |
| − OpEx | −$81.7k | −$2.04 |
| NOI | $463.2k | $11.58 |
Alternative Uses
Current Use by Public Records
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Location Insight
- Map
- Local Demand
- City
- The Villages
- County
- Sumter
- State
- Florida
- Longitude
- -82.0038
- Latitude
- 28.927
