Warehouse with Four Bay
For Sale
$1,250,000
26509 W US Highway 27, High Springs, FL 32643
Warehouse offers four 12’ x 14’ bay doors, 3-phase power, and an 18’ clear height with turn-key cabinetry setup.
Property Size9,800 SF
Lot Size1.90 Acres
Days on Market50
Property Features for 26509 W US Highway 27
General Information
Standard status
Active
Size
9,800 SF
Lot size
1.90 Acres
Property subtype
Industrial
Warehouse & Industrial
Clear Height
18 ft
Heavy Power
Yes
Building Details
Building Size
9,800 SF
Year Built
1998
Listing Agency:
Bosshardt Realty Services
Listed By:
Eric Ligman · License #3086548
(352) 256-2112
Source:
Bosscommercial
Added: Jul 24
Changed: Sep 8
Last Checked: Sep 11 at 6:09AM
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 Bosshardt Realty Services
Investment Insights
Based on property information with market context.
This warehouse includes four 12’ x 14’ bay doors and 3-phase power, with an 18’ clear height. The property is presented as turn-key, with a cabinetry setup in place (see available inventory list for details).
The asset is offered for sale and totals 9,800 square feet on approximately 1.90 acres.
Designed to support straightforward in-and-out operations through multiple loading bays, the facility also has the vertical clearance needed for storage and material handling within the stated clear height.
The asset is offered for sale and totals 9,800 square feet on approximately 1.90 acres.
Designed to support straightforward in-and-out operations through multiple loading bays, the facility also has the vertical clearance needed for storage and material handling within the stated clear height.
Key Highlights
- 1.90‑acre warehouse with four 12’ x 14’ bay doors
- 3‑phase power available
- 18’ clear height
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$71,596
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.73%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,431,920
$1.4M
Cap Rate 7%
$1,022,800
$1.0M
Cap Rate 9%
$795,511
$795.5K
Market Conditions
NOI Build-Up for 9,800 SF
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.
Gross rent
$88.2K $9.00/SF
− Vacancy
−$4.0K −$0.41/SF
EGI
$84.2K $8.59/SF
− OpEx
−$12.6K −$1.29/SF
NOI
$71.6K $7.31/SF
Area
Alachua County, FL
Vacancy
4.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,431,920
Cap Rate 7%
$1,022,800
Cap Rate 9%
$795,511
Alternative Uses
Best Use
Warehouse
$1.02M
$895.0K – $1.19M
NOI $71,596 @ 7.0% cap · market cap 5.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.47M
$2.16M – $2.88M
NOI $172,943 @ 7.0% cap · market cap 13.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
18 ft
Clear height
Yes
Heavy power
Location Intelligence
Trade Area within ½ mile
50
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32643, FL
12,549
Population
4,487
Households
2.8
Avg Household Size
44
Median Age
25%
College-Educated
90%
High-School Grad
112.1 sq mi
ZIP Area
112
Density / Sq Mi
$69,871
Median Household Income
$40,458
Median Earnings
$1,515
Median Rent
$254,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- High Springs Mini Storage — 26055 W U.S. Hwy 27, High Springs, FL 32643
- People's Choice Storage High Springs — 26020 W U.S. Hwy 27, High Springs, FL 32643
- People's Choice Storage — 26020 W U.S. Hwy 27, High Springs, FL 32643
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse offers four 12’ x 14’ bay doors, 3-phase power, and an 18’ clear height with turn-key cabinetry setup.
Where is this warehouse located?
The property is located at 26509 W US Highway 27 High Springs, FL.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 1.90‑acre warehouse with four 12’ x 14’ bay doors; 3‑phase power available; 18’ clear height
