Industrial Flex Property with
For Sale
$949,000
15617 OLD US HIGHWAY 441, Tavares, FL 32778
Versatile commercial space combines private offices, warehouse capacity, conditioned storage, and loading access for varied operations.
Property Size7,440 SF
Price / SF$148.28
Days on Market115
Property Features for 15617 OLD US HIGHWAY 441
General Information
Standard status
Active
Size
7,440 SF
Zoning
LM
Warehouse & Industrial
Clear Height
9.8 ft
Warehouse Space
4,200 SF
Office Build-Out
1,500 SF
Conditioned Warehouse
No
Taxes and HOA fees
Annual Taxes
$6,231
Amenities
climate-controlled warehouse restroom
climate controlled storage closet
washer/dryer hookups
covered outdoor patio/work area
kitchenette/conference room
Bathrooms
Other
Building Details
Building Size
7,440 SF
Year Built
1971
Listing Agency:
Coldwell Banker Tony Hubbard Realty
Listed By:
Alyssa Rodriguez · License #3430434
(407) 802-7798
Source:
Evrealestate
Added: Jun 15
Changed: Sep 25
Last Checked: Oct 5 at 5:24PM
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 Coldwell Banker Tony Hubbard Realty
Investment Insights
Based on property information with market context.
This flex property combines approximately 1,500 SF of office space with a 4,200 SF warehouse and an additional 800 SF of climate-controlled storage or workspace. The office configuration includes five private offices, reception, and a kitchenette/conference room. Warehouse clear heights range from approximately 9'8" to 9'10", with multiple grade-level roll-up doors supporting loading and daily operations. Additional improvements include a climate-controlled restroom, 100 SF conditioned storage closet, washer/dryer hookups, and a covered outdoor patio or work area.
Positioned on nearly one-half acre at 15617 Old Us Highway 441 in Tavares, FL, the property includes on-site parking and maneuvering area for employees, customers, and service vehicles. Occupancy is scheduled for Q3/Q4 2026, providing businesses time to plan for a future move into a combined office, industrial, and storage facility.
Positioned on nearly one-half acre at 15617 Old Us Highway 441 in Tavares, FL, the property includes on-site parking and maneuvering area for employees, customers, and service vehicles. Occupancy is scheduled for Q3/Q4 2026, providing businesses time to plan for a future move into a combined office, industrial, and storage facility.
Key Highlights
- Approximately 4,200 SF of warehouse space with clear heights from approximately 9'8" to 9'10"
- Approximately 1,500 SF of office space with five private offices and reception
- Additional 800 SF of climate‑controlled storage/workspace
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,413
Cap Rate
4.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$868,260
$868.3K
Cap Rate 7%
$620,186
$620.2K
Cap Rate 9%
$482,367
$482.4K
Market Conditions
NOI Build-Up for 6,400 SF
Gross rent
$56.1K $8.76/SF
− Vacancy
−$5.0K −$0.78/SF
EGI
$51.1K $7.98/SF
− OpEx
−$7.7K −$1.20/SF
NOI
$43.4K $6.78/SF
Area
Lake County, FL
Vacancy
8.90%
Lease Rate
$8.76 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$868,260
Cap Rate 7%
$620,186
Cap Rate 9%
$482,367
Alternative Uses
Best Use
Office B
$1.37M
$1.20M – $1.59M
NOI $95,616 @ 7.0% cap · market cap 10.08%
Second Best
Warehouse
$620.2K
$542.7K – $723.6K
NOI $43,413 @ 7.0% cap · market cap 4.57%
Theoretical Best
Office A
$1.82M
$1.59M – $2.12M
NOI $127,488 @ 7.0% cap · market cap 13.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
9 ft
Clear height
Location Intelligence
Trade Area within ½ mile
167
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32778, FL
23,993
Population
12,720
Households
1.9
Avg Household Size
52
Median Age
25%
College-Educated
88%
High-School Grad
25.4 sq mi
ZIP Area
945
Density / Sq Mi
$61,815
Median Household Income
$40,942
Median Earnings
$1,384
Median Rent
$241,500
Median Home Value
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Flex space - Versatile commercial space combines private offices, warehouse capacity, conditioned storage, and loading access for varied operations.
Where is this flex space located?
The property is located at 15617 OLD US HIGHWAY 441 Tavares, FL.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: Approximately 4,200 SF of warehouse space with clear heights from approximately 9'8" to 9'10"; Approximately 1,500 SF of office space with five private offices and reception; Additional 800 SF of climate‑controlled storage/workspace
