Industrial Flex Facility with Loading
377 Highway 40 W, Inglis, FL 34449
For Sale
$600,000
Commercial Sale, Inglis, FL
Property Size7,614 SF
Lot Size2.50 Acres
Price / SF$78.80
Days on Market400
Property Features for 377 Highway 40 W
General Information
Property type
Property subtype
Zoning
Parking features
Interior features
Lot features
Directions
Standard status
APN
Lot size
Additional Details
Property Use
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
showers
kitchen
Building Details
Year built
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
CENTURY 21 J.W.MORTON R.E. · Century 21 Real Estate
(352) 726-6668
Listed By:
Rich Fernley
(352) 464-2664
Added: Oct 7, 2025
Changed: Nov 10
Last Checked: Nov 10 at 9:06AM
MLS# CC848792
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
The 7,614-square-foot flex facility, built in 1981, contains approximately 25 rooms adaptable for office, storage, conference, or light manufacturing functions. Building improvements include 480-volt, three-phase electrical service, a loading dock with an overhead door, five bathrooms—three with showers—and a kitchen. The property also has computer networking and telecommunications wiring, along with an oversized concrete slab. Heating and cooling systems include ductless and heat-pump heating and central air, window, and wall units. Construction materials include brick, block, and stucco.
The offering combines an improved industrial parcel with an adjoining 1.25-acre corner parcel, for a stated combined land area of 2.5 acres. Zoning is identified as C1 and IND, with the corner parcel designated C-1 Neighborhood Commercial. The parcels provide approximately 330 feet of frontage on CR 40 and a further 330 feet of secondary road frontage. The property is near the planned Suncoast Parkway Red Level Terminus extension, projected for completion between Q4 2026 and Q4 2027.
The offering combines an improved industrial parcel with an adjoining 1.25-acre corner parcel, for a stated combined land area of 2.5 acres. Zoning is identified as C1 and IND, with the corner parcel designated C-1 Neighborhood Commercial. The parcels provide approximately 330 feet of frontage on CR 40 and a further 330 feet of secondary road frontage. The property is near the planned Suncoast Parkway Red Level Terminus extension, projected for completion between Q4 2026 and Q4 2027.
Key Highlights
- 7,614‑square‑foot flex facility on a 2.5‑acre assemblage
- 480‑volt, three‑phase electrical service
- Approximately 25 rooms, plus five bathrooms, three with showers, and a kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,646
Cap Rate
8.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,032,920
$1.0M
Cap Rate 7%
$737,800
$737.8K
Cap Rate 9%
$573,844
$573.8K
Market Conditions
NOI Build-Up for 7,614 SF
Gross rent
$77.7K $10.20/SF
− Vacancy
−$3.9K −$0.51/SF
EGI
$73.8K $9.69/SF
− OpEx
−$22.1K −$2.91/SF
NOI
$51.6K $6.78/SF
Area
Levy County, FL
Vacancy
5.00%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,032,920
Cap Rate 7%
$737,800
Cap Rate 9%
$573,844
Alternative Uses
Best Use
Flex RnD
$1.02M
$892.7K – $1.19M
NOI $71,416 @ 7.0% cap · market cap 11.90%
Second Best
Warehouse
$794.7K
$695.3K – $927.1K
NOI $55,626 @ 7.0% cap · market cap 9.27%
Theoretical Best
Office A
$1.89M
$1.65M – $2.20M
NOI $132,008 @ 7.0% cap · market cap 22.00%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
1
Dock-high doors
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
131
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
Demographics for 34449, FL
3,421
Population
1,986
Households
1.7
Avg Household Size
56
Median Age
13%
College-Educated
87%
High-School Grad
130.7 sq mi
ZIP Area
26
Density / Sq Mi
$52,760
Median Household Income
$27,108
Median Earnings
$775
Median Rent
$143,900
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - A multi-room layout, three-phase power, and a separate commercial-zoned corner parcel support a range of property configurations.
Where is this flex space located?
The property is located at 377 Highway 40 W Inglis, FL.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 7,614‑square‑foot flex facility on a 2.5‑acre assemblage; 480‑volt, three‑phase electrical service; Approximately 25 rooms, plus five bathrooms, three with showers, and a kitchen
