Flex/Shop Building with Multiple
For Sale
$258,000
6950 W Homosassa Trail, Homosassa, FL 34448
Concrete block flex/shop building with multiple door openings and lobby area, suitable for service, contractor, or small warehouse use.
Property Size2,650 SF
Lot Size0.34 Acres
Price / SF$97.36
Days on Market53
Property Features for 6950 W Homosassa Trail
General Information
Standard status
Active
Size
2,650 SF
Lot size
0.34 Acres
Property subtype
Retail
Zoning
GNC
Site & Location
Traffic Count
8,600 vehicles/day
Road Access
Yes
Additional Details
Drive-In Doors
2
Building Details
Year Built
1986
Listing Agency:
CENTURY 21 J.W.MORTON R.E.
(352) 726-6668
Listed By:
Elias Kirallah · License #3123414
Source:
Xome
Added: Jun 14
Changed: Jul 10
Last Checked: Aug 5 at 4:21AM
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 CENTURY 21 J.W.MORTON R.E.
Investment Insights
Based on property information with market context.
A 2,650 SF concrete block building currently configured as a reception/lobby with flex/shop space. The layout is bifurcated into an approximately 720 SF reception/lobby area and approximately 1,930 SF of flex/shop space, with two bathrooms. A recently replaced roof and a 200-amp breaker panel support the existing improvements. The lobby and reception area has approximately 7'9" wall height, while the flex/shop areas offer clear-height functionality with gable peak dimensions that vary by bay. The left/south bay has approximately 9'2" wall height and approximately 34" to the peak of the gable. The right/north bay has approximately 8'6" wall height and approximately 13' from floor to the peak of the gable. The building includes 36" door openings and two covered-over garage door openings approximately 8' high by 9' wide, creating a practical configuration for shop, service, automotive, contractor, warehouse, or flex commercial use.
The property is located at 6950 W Homosassa Trail in Homosassa, Florida, on 0.34 acres of GNC (General Commercial) zoned land. It has approximately 100 feet of frontage on Homosassa Trail / CR 490 and carries approximately 8,600 AADT. Access to the broader service area is supported by proximity to SR 44 (approximately 4 miles south) and US Hwy 19 / S Suncoast Boulevard (approximately 2 miles north).
With its shop-ready dimensions, multiple door openings, and service-oriented configuration, the property fits owner-operators who want to relocate from renting into their own permanent commercial space. The GNC zoning and functional interior layout support a range of practical uses, including automotive repair, general contracting and trades, service-based businesses, and small warehouse or flex operations.
The property is located at 6950 W Homosassa Trail in Homosassa, Florida, on 0.34 acres of GNC (General Commercial) zoned land. It has approximately 100 feet of frontage on Homosassa Trail / CR 490 and carries approximately 8,600 AADT. Access to the broader service area is supported by proximity to SR 44 (approximately 4 miles south) and US Hwy 19 / S Suncoast Boulevard (approximately 2 miles north).
With its shop-ready dimensions, multiple door openings, and service-oriented configuration, the property fits owner-operators who want to relocate from renting into their own permanent commercial space. The GNC zoning and functional interior layout support a range of practical uses, including automotive repair, general contracting and trades, service-based businesses, and small warehouse or flex operations.
Key Highlights
- 2,650 SF concrete block flex/shop building built in 1986, currently configured with a 720 SF reception/lobby and 1,930 SF flex area.
- GNC – General Commercial zoned property on 0.34 acres with approx. 100 ft frontage on Homosassa Trail / CR 490.
- Multiple access openings: 36" door openings plus two covered‑over garage door openings approx. 8 ft high by 9 ft wide, with potential to convert back for shop/warehouse use.
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 | $23.9k | $9.00 |
| − Vacancy | −$1.2k | −$0.45 |
| EGI | $22.7k | $8.55 |
| − OpEx | −$3.4k | −$1.28 |
| NOI | $19.3k | $7.27 |
2,650 SF · lease $9.00/SF/yr · vacancy 5.00% · expense 15.00%
Alternative Uses
Best Use
Flex RnD
$433.9K
$379.7K – $506.2K
NOI $30,372 @ 7.0% cap · market cap 11.77%
Second Best
Retail
$363.7K
$318.3K – $424.3K
NOI $25,460 @ 7.0% cap · market cap 9.87%
Theoretical Best
Specialty Retail
$595.4K
$521.0K – $694.7K
NOI $41,681 @ 7.0% cap · market cap 16.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Drive-in doors
8,600 VPD
Traffic count
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
58
Businesses Nearby
Balanced
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
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Concrete block flex/shop building with multiple door openings and lobby area, suitable for service, contractor, or small warehouse use.
Where is this flex space located?
The property is located at 6950 W Homosassa Trail Homosassa, FL.
What is the asking price?
The asking price for this property is $258,000.
What are key features of this property?
This property features: 2,650 SF concrete block flex/shop building built in 1986, currently configured with a 720 SF reception/lobby and 1,930 SF flex area.; GNC – General Commercial zoned property on 0.34 acres with approx. 100 ft frontage on Homosassa Trail / CR 490.; Multiple access openings: 36" door openings plus two covered‑over garage door openings approx. 8 ft high by 9 ft wide, with potential to convert back for shop/warehouse use.
