Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    6331 S Tex Pt Homosassa, FL 34448

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    9,200 SF warehouse with mini-storage units and office space.

    Property size:
    9,200 SF
    Lot size:
    2.10 Acres

    Property Features for 6331 S Tex Pt

    General Information

    Standard status
    Active
    Zoning
    IND Heavy Industrial
    Size
    9,200 SF
    Lot size
    2.10 Acres

    Building Details

    Year built
    1987

    We can help!

    Listing Contact
    Elias George Kirallah
    Source: Crexi

    Listing Agency: Century 21 J W Morton Real Estate Inc Listing Agent: Elias George Kirallah

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Homosassa Warehouse and Storage Facility

    This 9,200 SF warehouse facility is located at 6331 S Tex Pt, Homosassa, FL 34448, within the Rooks Brothers Industrial Park. Constructed in 1987, the one-story building is configured with 70 mini-storage units (approximately 8,400 SF) and an 800 SF office/residential-style area. The property sits on a 2.10-acre parcel zoned IND Heavy Industrial, suitable for various uses, including manufacturing, storage, distribution, automotive repair, warehousing, and more. It features a fully fenced 1.05-acre laydown and equipment storage lot and approximately 50 parking spaces. The property is positioned to benefit from significant public and private investment, including the $135 million Suncoast Parkway expansion, which will provide direct access to Tampa International Airport. Citrus County is experiencing rapid growth and is part of the Tampa–St. Petersburg–Clearwater MSA. The county’s Land Development Code anticipates a population exceeding 350,000 by 2030. The property offers operational flexibility for an owner-user or investor seeking industrial product in a supply-constrained market.
    Location Intelligence

    Current Use by Public Records

    Dick's Moving Inc Moving Company

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Similar Places Nearby

    Storage

    Location Insight

    • Map
    • Local Demand
    City
    Homosassa
    County
    Citrus
    State
    Florida
    Longitude
    -82.5569409
    Latitude
    28.7700924

    Nearby Similar for Sale

    • New
      $725,000
      4,260 SF

      Income-Producing Retail Center on Highway

      Three-unit retail center on 0.29 acres along US Highway 19.
      4065 S Suncoast Blvd, Homosassa, FL 34446
      View Details
    • $675,000
      4,172 SF

      Homosassa Commercial Buildings with Highway Frontage

      Two buildings on 0.92 acres with highway frontage.
      4828-4824 S Suncoast Blvd, Homosassa, FL 34446
      View Details
    • $975,000
      4,636 SF

      Versatile Commercial Property Near Walmart

      Multi-use property with high visibility and traffic count.
      6991 W Cardinal St, Homosassa, FL 34446
      View Details
    • $999,000
      2,444 SF

      Unique Homosassa Mixed-Use Compound

      Historic property with residential, retail, and income potential.
      10844 W Yulee Dr, Homosassa, FL 34448
      View Details
    • $539,900
      0.18 Acres

      Homosassa Commercial Property with Rental

      Commercial property with vacation rental in Homosassa, Florida.
      10460 W New York St, Homosassa, FL 34448
      View Details
    • $299,000
      1,536 SF

      Updated Duplex in Homosassa, FL

      Well-maintained duplex with new roof, AC, and updated interiors.
      3135 S Lantana Way, Homosassa, FL 34448
      View Details
    • $45,000
      0.31 Acres

      Homosassa Land with Development Potential

      Desirable multi-family lot in Homosassa, close to amenities.
      6230 W Oak Park Blvd, Homosassa, FL 34446
      View Details
    • $425,000
      Pending

      Duplex in HOA Community

      Multi-family duplex with owner financing and high occupancy.
      6020 W Oak Park Blvd, Homosassa, FL 34446
      View Details
    • $548,500
      1,432 SF

      Homosassa Commercial Property For Sale

      Commercial property in Homosassa with vacation rental and owner financing.
      10460 W New York St, Homosassa, FL 34448
      View Details
    • $199,900
      476 SF

      Waterfront Condotel Investment Opportunity

      One bedroom condotel with water views and resort amenities.
      5297 S Cherokee Way, Homosassa, FL 34448
      View Details
    • $479,900

      New Duplex Investment Opportunity

      Pre-construction duplex with qualified tenants and financing options.
      6040 W Oak Park Blvd, Homosassa, FL 34446
      View Details
    • Contact for pricing
      1,116 SF

      Prime Retail Location For Sale

      Retail space with excellent location and business potential.
      3983 S Ohio Ave, Homosassa, FL 34446
      View Details

    FAQs

    What type of property is this?
    Warehouse - 9,200 SF warehouse with mini-storage units and office space.
    Where is this warehouse located?
    The property is located at 6331 S Tex Pt Homosassa, FL.
    What are key features of this property?
    This property features: - Prime 9,200 SF warehouse space with 70 mini-storage units and an 800 SF office/residential area.; - Located in rapidly growing Citrus County (Tampa MSA), projected population exceeding 350,000 by 2030.; - Heavy Industrial (IND) zoning allows for a wide range of uses.
    Request Owner's contact information
    6331 S Tex Pt Homosassa, FL 34448
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6331 S Tex Pt
    Homosassa, FL 34448
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6331 S Tex Pt Homosassa, FL 34448
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Elias George Kirallah
    Real Estate License ID: BK3123414
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!