268 South Suncoast Boulevard Crystal River, FL 34429
7,585 sq ft office building on 2.29 acres.
Property Features for 268 South Suncoast Boulevard
General Information
- Standard status
- Active
- Size
- 7,585 SF
- Lot size
- 2.29 Acres
- Property subtype
- BO, OFC, SCR
Building Details
- Year Built
- 1990
Listing office Keller Williams Realty Elite Partners/L (352) 637-2777
Listing date Oct 30, 2023
Source Realnex
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Investment Insights
Based on property information with market context.
Key Highlights
- Prime location on US Highway 19/Suncoast Blvd with high traffic and 200 ft of road frontage.
- Large, freestanding 7,585 sq ft office building on 2.29 acres with approximately 19 rooms.
- Zoned Commercial GNC, offering a plethora of business possibilities.
Local Financial Insights For Office B
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 | $136.5k | $18.00 |
| − Vacancy | −$30.0k | −$3.96 |
| EGI | $106.5k | $14.04 |
| − OpEx | −$26.6k | −$3.51 |
| NOI | $79.9k | $10.53 |
