Light Industrial
For Sale
$1,300,000
3360 West Crigger Court, Lecanto, FL 34461
Warehouse facility zoned for light industrial use in Lecanto, Florida.
Property Size14,400 SF
Price / SF$90.28
Days on Market142
Property Features for 3360 West Crigger Court
General Information
Standard status
Active
Size
14,400 SF
Property subtype
Industrial
Zoning
Light MFG
Building Details
Building Size
14,400 SF
Year Built
2008
Listing Agency:
RE/MAX
Listed By:
Brogan Cunningham · License #3252467
(352) 634-2658
Source:
Remaxcommercial
Added: Jun 3
Changed: Oct 3
Last Checked: Oct 20 at 5:07PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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
Estimated NOI and Cap Rate
NOI / Yr
$104,652
Cap Rate
8.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,093,040
$2.1M
Cap Rate 7%
$1,495,029
$1.5M
Cap Rate 9%
$1,162,800
$1.2M
Market Conditions
NOI Build-Up for 14,400 SF
Gross rent
$129.6K $9.00/SF
− Vacancy
−$6.5K −$0.45/SF
EGI
$123.1K $8.55/SF
− OpEx
−$18.5K −$1.28/SF
NOI
$104.7K $7.27/SF
Area
Citrus County, FL
Vacancy
5.00%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,093,040
Cap Rate 7%
$1,495,029
Cap Rate 9%
$1,162,800
Alternative Uses
Best Use
Warehouse
$1.50M
$1.31M – $1.74M
NOI $104,652 @ 7.0% cap · market cap 8.05%
Second Best
—
—
no second resolved use
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.
How Realmo checks its estimates
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
92
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 34461, FL
11,388
Population
5,552
Households
2.1
Avg Household Size
58
Median Age
23%
College-Educated
92%
High-School Grad
45.8 sq mi
ZIP Area
249
Density / Sq Mi
$60,795
Median Household Income
$33,825
Median Earnings
$1,190
Median Rent
$287,200
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
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)
