8.7 Acres with Warehouse
6220 White Rd Brooksville, FL 34602
For Sale
Contact for pricing
Versatile 8.7-acre property with a 4,536 SF building.
Property Size4,536 SF
Lot Size8.70 Acres
Price / SF$242.50
Days on Market1329
Property Features for 6220 White Rd
General Information
- Standard status
- Active
- Size
- 4,536 SF
- Lot size
- 8.70 Acres
- Property subtype
- Land
Listing Agency:
SVN | Commercial Advisory Group Sarasota
(941) 223-1525
Listed By:
Gail Bowden · License #FL 3044621
Source:
Crexi
Added: Dec 5, 2022
Changed: Jul 6
Last Checked: Jul 25 at 10:12AM
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 SVN | Commercial Advisory Group Sarasota
Investment Insights
Based on property information with market context.
This property features 8.7 acres of land with a 4,536 square foot heated building constructed in 1981, situated at the back of the parcel. The building is suitable for use as a warehouse, maintenance garage, or for storage purposes. The property's versatility allows for various potential uses, including farmland, ranch, RV park, and residential development.
Key Highlights
- 8.7 Acres of Land
- 4,536 Heated Sf Building suitable for warehouse, maintenance garage, or storage.
- Versatile property with multiple potential uses.
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 | $56.7k | $12.50 |
| − Vacancy | −$4.7k | −$1.04 |
| EGI | $52.0k | $11.46 |
| − OpEx | −$7.8k | −$1.72 |
| NOI | $44.2k | $9.74 |
4,536 SF · lease $12.50/SF/yr · vacancy 8.30% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$631.4K
$552.4K – $736.6K
NOI $44,195 @ 7.0% cap · market cap 4.02%
Second Best
Apartment 5plus
$596.0K
$521.5K – $695.3K
NOI $41,718 @ 7.0% cap · market cap 3.79%
Theoretical Best
Office A
$1.03M
$904.1K – $1.21M
NOI $72,329 @ 7.0% cap · market cap 6.58%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Mobile home & RV ...
FAQs
What type of property is this?
Land - Versatile 8.7-acre property with a 4,536 SF building.
Where is this land located?
The property is located at 6220 White Rd Brooksville, FL.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 8.7 Acres of Land; 4,536 Heated Sf Building suitable for warehouse, maintenance garage, or storage.; Versatile property with multiple potential uses.
