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    Crystal River Warehouse For Sale Title is generated by Realmo AI

    940 N SUNCOAST BOULEVARD, Crystal River, FL 34429

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    For Sale
    $2,400,000

    27,600 sq ft warehouse in Crystal River, Florida.

    Property size:
    27,600 SF
    Price / SF:
    $86/SF
    Added:
    Mar 16, 2026
    Days on Market:
    92
    Last Refresh:
    Mar 18 at 1:16 pm

    Property Features for 940 N SUNCOAST BOULEVARD

    General Information

    Standard status
    Active
    Size
    27,600 SF

    Building Details

    Year Built
    1984

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    Listing Contact
    Elias Kirallah
    Elias Kirallah

    Listing agent Elias Kirallah License #3123414

    Listing office Century 21 J.W.Morton R.E.

    Listing date Mar 16, 2026

    Source Evrealestate

    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.

    HighLights

    • 27,600 sq ft warehouse
    • Located in Crystal River, Florida
    • Central Air Cooling
    • Built in 1984

    Overview

    This commercial real estate offering features a 27,600 square foot warehouse property located in Crystal River, Florida. The property is suitable for warehouse and industrial purposes.

    Local 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 $248.4k $9.00
    − Vacancy −$12.4k −$0.45
    EGI $236.0k $8.55
    − OpEx −$35.4k −$1.28
    NOI $200.6k $7.27
    27,600 SF · lease $9.00/SF/yr · vacancy 5.00% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $2.87M
    $2.51M – $3.34M (±1% cap)
    NOI $200,583 @ 7.0% cap · market cap 8.36%
    Second Best
    Industrial
    $2.60M
    $2.27M – $3.03M (±1% cap)
    NOI $181,844 @ 7.0% cap · market cap 7.58%
    Theoretical Best
    Specialty Retail
    $6.20M
    $5.43M – $7.24M (±1% cap)
    NOI $434,116 @ 7.0% cap · market cap 18.09%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    A-AAA Self Storage Storage Facility

    Suggested Use

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

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

    Similar Places Nearby

    • Crystal River Marine Inc — 990 N Suncoast Blvd, Crystal River, FL 34429
    • A-AAA Self Storage — 940 N Suncoast Blvd, Crystal River, FL 34429
    • Airport Plz U-Lock-It Storage — 989 N Suncoast Blvd, Crystal River, FL 34429

    Location Insight

    • Map
    • Local Demand
    City
    Crystal River
    County
    Citrus
    State
    Florida
    Longitude
    -82.5808267
    Latitude
    28.875871

    FAQs

    What type of property is this?
    Warehouse - 27,600 sq ft warehouse in Crystal River, Florida.
    Where is this warehouse located?
    The property is located at 940 N SUNCOAST BOULEVARD Crystal River, FL.
    What is the asking price?
    The asking price for this property is $2,400,000.
    What are key features of this property?
    This property features: 27,600 sq ft warehouse; Located in Crystal River, Florida; Central Air Cooling
    More about this property
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