Light Industrial
3360 West Crigger Court Lecanto, FL 34461
For Sale
$1,300,000
Warehouse facility zoned for light industrial use in Lecanto, Florida.
Property Size14,400 SF
Price / SF$90.28
Days on Market56
Property Features for 3360 West Crigger Court
General Information
Standard status
Active
Size
14,400 SF
Property subtype
Industrial
Building Details
Year Built
2008
Listing Agency:
RE/MAX
(352) 422-7547
Listed By:
Brogan Cunningham · License #655978
Source:
Remaxcommercial
Added: Jun 3
Changed: Jul 22
Last Checked: Jul 28 at 3:02AM
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 RE/MAX
Investment Insights
Based on property information with market context.
This light industrial warehouse facility offers a large, flexible interior layout designed to support a range of industrial applications, including manufacturing, storage, and distribution. The property is listed at 14,400 square feet and is presented as the lowest price-per-square-foot warehouse facility in the regional market.
Located in Lecanto, Florida, the building is described as being positioned for practical access for transportation and distribution, with proximity to major roadways cited as a convenience for moving goods and serving clients.
Per public records, the property is zoned for light industrial use (X zoning).
Located in Lecanto, Florida, the building is described as being positioned for practical access for transportation and distribution, with proximity to major roadways cited as a convenience for moving goods and serving clients.
Per public records, the property is zoned for light industrial use (X zoning).
Key Highlights
- 14,400 SF industrial/warehouse building in Lecanto, FL
- Built in 2008
- Zoned for light industrial use (X zoning per public records)
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 | $129.6k | $9.00 |
| − Vacancy | −$6.5k | −$0.45 |
| EGI | $123.1k | $8.55 |
| − OpEx | −$18.5k | −$1.28 |
| NOI | $104.7k | $7.27 |
14,400 SF · lease $9.00/SF/yr · vacancy 5.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.50M
$1.31M – $1.74M
NOI $104,652 @ 7.0% cap · market cap 8.05%
Second Best
Industrial
$1.36M
$1.19M – $1.58M
NOI $94,875 @ 7.0% cap · market cap 7.30%
Theoretical Best
Specialty Retail
$3.24M
$2.83M – $3.77M
NOI $226,495 @ 7.0% cap · market cap 17.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse facility zoned for light industrial use in Lecanto, Florida.
Where is this warehouse located?
The property is located at 3360 West Crigger Court Lecanto, FL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 14,400 SF industrial/warehouse building in Lecanto, FL; Built in 2008; Zoned for light industrial use (X zoning per public records)
