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Warehouse Office Flex Building
For Sale
$1,100,000

535 SE State Road 26, Trenton, FL 32693

Fully climate-controlled warehouse with office space, separate restrooms, and site improvements including parking and a DOT-approved entrance.

Property Size4,000 SF
Lot Size3.21 Acres
Price / SF$275
Days on Market88

Property Features for 535 SE State Road 26

General Information

Standard status Active
Size 4,000 SF
Lot size 3.21 Acres

Site & Location

Road Access Yes
Utilities to Site Yes

Additional Details

Business Included Yes

Building Details

Year Built 2018
Listing Agency: UNITED COUNTRY SMITH & ASSOCIATES - NEWBERRY
Listed By: Brad Smith · License #550985
Source: Whitneyperkinsteam
Added: Jul 12 Changed: Oct 3 Last Checked: Oct 5 at 10:54PM

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 UNITED COUNTRY SMITH & ASSOCIATES - NEWBERRY

Investment Insights

Based on property information with market context.

This property consists of a fully climate-controlled commercial building with heavy insulation, an oversized HVAC system, and office space. The building includes separate men’s and women’s restrooms, and the site is supported by a DOH-approved well. The property also features major site improvements, including a retention pond, drainage systems, land clearing, utilities infrastructure, and a large parking lot.

The site is located directly off State Road 26 and includes a DOT-approved entrance designed for commercial use.

In addition to the existing building, the rear portion of the property provides room for expansion. The property is currently occupied by tenants.

Key Highlights

  • 3.21‑acre commercial property directly off State Road 26 in Trenton, FL, with a DOT‑approved entrance.
  • 4,000 SF fully climate‑controlled commercial building with heavy insulation and an oversized HVAC system.
  • Includes office space and separate men’s and women’s restrooms.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$49,896
Cap Rate
4.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$997,920 $997.9K
Cap Rate 7%
$712,800 $712.8K
Cap Rate 9%
$554,400 $554.4K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$79.2K $19.80/SF
− Vacancy
−$12.7K −$3.17/SF
EGI
$66.5K $16.63/SF
− OpEx
−$16.6K −$4.16/SF
NOI
$49.9K $12.47/SF
Area
Gilchrist County, FL
Vacancy
16.00%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$997,920
Cap Rate 7%
$712,800
Cap Rate 9%
$554,400

Alternative Uses

Best Use
Office B
$712.8K
$623.7K – $831.6K (±1% cap)
NOI $49,896 @ 7.0% cap · market cap 4.54%
Second Best
Flex RnD
$536.0K
$469.0K – $625.3K (±1% cap)
NOI $37,518 @ 7.0% cap · market cap 3.41%
Theoretical Best
Office A
$990.7K
$866.9K – $1.16M (±1% cap)
NOI $69,350 @ 7.0% cap · market cap 6.30%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Auto Repair Shop Building Supply Plumbing Service Storage Facility (Bike/Boat/Book/etc) Store Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

65
Businesses Nearby
Well-served
Demand for This Use

Demographics for 32693, FL

12,815
Population
4,908
Households
2.6
Avg Household Size
42
Median Age
16%
College-Educated
87%
High-School Grad
200.7 sq mi
ZIP Area
64
Density / Sq Mi
$64,128
Median Household Income
$36,361
Median Earnings
$919
Median Rent
$182,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Fully climate-controlled warehouse with office space, separate restrooms, and site improvements including parking and a DOT-approved entrance.
Where is this flex space located?
The property is located at 535 SE State Road 26 Trenton, FL.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 3.21‑acre commercial property directly off State Road 26 in Trenton, FL, with a DOT‑approved entrance.; 4,000 SF fully climate‑controlled commercial building with heavy insulation and an oversized HVAC system.; Includes office space and separate men’s and women’s restrooms.
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