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Light Industrial Warehouse

3360 West Crigger Court Lecanto, FL 34461

3360 West Crigger Court, Lecanto, FL, 34461
$1,300,000
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 Market50

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
Listed by Brogan Cunningham · License #BK655978
Source Remaxcommercial
Added: Jun 3 Updated: Jul 22 at 2:54AM Checked: Jul 22 at 2:54AM

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).

Key Highlights

  • 14,400 SF industrial/warehouse building in Lecanto, FL
  • Built in 2008
  • Zoned for light industrial use (X zoning per public records)

Local 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 (±1% cap)
NOI $104,652 @ 7.0% cap · market cap 8.05%
Second Best
Industrial
$1.36M
$1.19M – $1.58M (±1% cap)
NOI $94,875 @ 7.0% cap · market cap 7.30%
Theoretical Best
Specialty Retail
$3.24M
$2.83M – $3.77M (±1% cap)
NOI $226,495 @ 7.0% cap · market cap 17.42%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Black Diamond Tannery Factory

Suggested Use

Plumbing Service (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Building Supply

Zoning and permitted uses should be independently verified with local authorities.

FAQs

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)
Contact an agent
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