Industrial
New
For Sale
$112,000
Pending
6310 S TEX, Homosassa, FL 34448
The property dates to 1987 and is located in Homosassa, Florida.
Property Size900 SF
Days on Market4
Property Features for 6310 S TEX
General Information
Standard status
Pending
Size
900 SF
Property subtype
Industrial
Additional Details
Property Use
Warehouse
Taxes and HOA fees
Annual Taxes
$911
Building Details
Building Size
900 SF
Year Built
1987
Listing Agency:
eXp Realty LLC
Listed By:
Billie Jo Hurd · License #0565743
(904) 993-2515
Source:
Elliman
Added: Nov 3
Last Checked: Nov 4 at 11:59AM
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 eXp Realty LLC
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Investment Insights
Based on property information with market context.
This industrial warehouse was built in 1987 and is located at 6310 S TEX in Homosassa, Florida.
Key Highlights
- 1987 construction
- Located at 6310 S TEX in Homosassa, Florida
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,541
Cap Rate
5.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$130,820
$130.8K
Cap Rate 7%
$93,443
$93.4K
Cap Rate 9%
$72,678
$72.7K
Market Conditions
NOI Build-Up for 900 SF
Gross rent
$8.1K $9.00/SF
− Vacancy
−$405 −$0.45/SF
EGI
$7.7K $8.55/SF
− OpEx
−$1.2K −$1.28/SF
NOI
$6.5K $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%
$130,820
Cap Rate 7%
$93,443
Cap Rate 9%
$72,678
Alternative Uses
Best Use
Warehouse
$93.4K
$81.8K – $109.0K
NOI $6,541 @ 7.0% cap · market cap 5.84%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$202.2K
$177.0K – $235.9K
NOI $14,156 @ 7.0% cap · market cap 12.64%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
216
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 34448, FL
10,889
Population
6,437
Households
1.7
Avg Household Size
59
Median Age
18%
College-Educated
86%
High-School Grad
72.3 sq mi
ZIP Area
151
Density / Sq Mi
$47,526
Median Household Income
$23,452
Median Earnings
$941
Median Rent
$166,000
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
Similar Off Market Nearby
- Storage — 6393 S Tex Point, Homosassa, FL 34448
Frequently Asked Questions
What type of property is this?
Warehouse - The property dates to 1987 and is located in Homosassa, Florida.
Where is this warehouse located?
The property is located at 6310 S TEX Homosassa, FL.
What is the asking price?
The asking price for this property is $112,000.
What are key features of this property?
This property features: 1987 construction; Located at 6310 S TEX in Homosassa, Florida
