574 W KINGS HIGHWAY Center Hill, FL 33514
2,640 SF office/warehouse on 2 acres, heavy commercial zoning.
Property Features for 574 W KINGS HIGHWAY
General Information
- Standard status
- Active
- Size
- 2,640 SF
- Lot size
- 2.00 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1998
Listing office FLAMINGO REAL ESTATE & MNGMT (352) 425-8147
Listing date Apr 15, 2025
Source Exitrealty
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Investment Insights
Based on property information with market context.
Key Highlights
- High‑traffic location on CR 48 in the path of The Villages.
- 2‑acre heavy commercial property.
- Move‑in ready with recently renovated office/retail space and spacious warehouse.
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 | $38.0k | $14.40 |
| − Vacancy | −$2.1k | −$0.78 |
| EGI | $36.0k | $13.62 |
| − OpEx | −$5.4k | −$2.04 |
| NOI | $30.6k | $11.58 |
