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    Moore Haven Commercial/Industrial Property Title is generated by Realmo AI

    14961 W State Road 78, Moore Haven, FL 33471

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    Claim this Listing
    For Sale
    $3,999,999

    COMMERCIAL - Moore Haven, FL

    Type:Retail
    Property size:
    32,000 SF
    Lot size:
    8.43 Acres
    Price / SF:
    $124/SF
    Added:
    Apr 15, 2026
    Days on Market:
    39
    Last Refresh:
    May 23 at 8:06 pm

    Property Features for 14961 W State Road 78

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Fencing
    Fenced
    Standard status
    Active
    APN
    A23-42-29-A00-0020-0000
    Size
    32,000 SF
    Lot size
    8.43 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    W 1/2 OF E 1/2 OF NW 1/4 OF NW 1/4 EXC S 6 ACRES BEING THE S 791.32 FT OF W 1/2 OF E 1/2 OF NW 1/4 OF NW 1/4 OF SEC 23 TWNP 42 RNGE 29 E EXC THE S 6 AC BEING THE S 791.32 FT OF THE W 1/2 OF THE E 1/2 OF THE NW 1/4 OF THE NW 1/4 AND EXC THE N 50 FT TH EREO
    Tax Annual Amount
    16937

    Utilities

    Sewer type
    Septic Tank

    Building Details

    Year built
    1986
    Floors in Building
    1

    We can help!

    Listing Contact
    Derik Royal
    Derik Royal

    Listing agent Derik Royal License #258032921

    Listing office Southern Heritage Real Estate 180 Bridge Street, LaBelle, FL

    Listing date Apr 15, 2026

    MLS# 2026017893

    Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Over 32,000 SF of usable interior space, ideal for manufacturing, warehousing, or distribution.
    • Expansive 8.43‑acre property offers open area for staging and expansion.
    • Easy access off SR 29 and SR 78, great for commercial vehicles.
    • Durable metal exterior and finished concrete flooring designed for heavy‑duty use.
    • Functional layout and single‑story design suitable for various users.
    • Fenced property with septic tank sewer system.

    Overview

    This commercial and light industrial property features an open span structure suitable for manufacturing, warehousing, distribution, storage, or service operations. The site encompasses 8.43 acres and includes a 36,240+/- square foot steel-frame industrial building constructed in 1986. The building offers approximately 32,000+/- square feet of usable interior space, metal exterior construction, modular metal roofing, and finished concrete flooring designed for heavy-duty commercial and industrial use. The single-story design and low-maintenance construction make it suitable for owner-users, investors, or expanding industrial businesses seeking adaptable operational space. The property provides easy access off State Road 29 and State Road 78, with open areas for staging and additional structures, offering room to expand operations. Convenient access for commercial vehicles and industrial activity enhances the property's utility across a variety of permitted uses in Moore Haven, Florida.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Map

    City
    Moore Haven
    County
    Glades
    State
    Florida
    Longitude
    -81.39527
    Latitude
    26.81019

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    FAQs

    What type of property is this?
    Warehouse - Versatile property ideal for manufacturing, warehousing, distribution, or storage.
    Where is this warehouse located?
    The property is located at 14961 W State Road 78 Moore Haven, FL.
    What is the asking price?
    The asking price for this property is $3,999,999.
    What are key features of this property?
    This property features: Over 32,000 SF of usable interior space, ideal for manufacturing, warehousing, or distribution.; Expansive 8.43‑acre property offers open area for staging and expansion.; Easy access off SR 29 and SR 78, great for commercial vehicles.
    (239) 219-3165
    We can help!
    Listing Contact
    Derik Royal
    Derik Royal
    Real Estate License ID: 258032921
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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