Flex Warehouse with Office
For Sale
Contact for pricing
956 S Us Highway 41, Inverness, FL 34450
Flex-style building with multiple office areas, a conference room, and a large warehouse space along US Highway 41.
Property Size3,570 SF
Price / SF$2.76
Days on Market170
Property Features for 956 S Us Highway 41
General Information
Standard status
Active
Size
3,570 SF
Taxes and HOA fees
Annual Taxes
$11,347
Listing Agency:
Curb Appeal Realty
(352) 637-2872
Listed By:
George L'Heureux · License #3035802
(352) 270-8879
Source:
Exprealty
Added: May 4
Changed: Oct 10
Last Checked: Oct 19 at 9:28AM
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 Curb Appeal Realty
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Investment Insights
Based on property information with market context.
This flex-style property includes multiple office areas, a dedicated conference room, and a large warehouse space under one roof. The building is set on a lot and is arranged to support both administrative and operational functions in the same facility.
Located on busy US Highway 41, the property is positioned for convenient access to Inverness. The owner notes proximity to both downtown Inverness and the Inverness Airport.
The owner has expressed an interest in possibly holding owner financing, subject to a seller-approved down payment and the seller’s terms. The configuration and combined office/warehouse layout are intended to support a variety of potential uses, subject to applicable approvals.
Located on busy US Highway 41, the property is positioned for convenient access to Inverness. The owner notes proximity to both downtown Inverness and the Inverness Airport.
The owner has expressed an interest in possibly holding owner financing, subject to a seller-approved down payment and the seller’s terms. The configuration and combined office/warehouse layout are intended to support a variety of potential uses, subject to applicable approvals.
Key Highlights
- Flex‑style building along US Highway 41 with multiple office areas
- Includes a conference room plus a large warehouse space
- Located near downtown Inverness
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,521
Suggested Prices Based on Cap Rates
Cap Rate 5%
$470,420
$470.4K
Cap Rate 7%
$336,014
$336.0K
Cap Rate 9%
$261,344
$261.3K
Market Conditions
NOI Build-Up for 3,570 SF
Gross rent
$35.6K $9.96/SF
− Vacancy
−$2.0K −$0.55/SF
EGI
$33.6K $9.41/SF
− OpEx
−$10.1K −$2.82/SF
NOI
$23.5K $6.59/SF
Area
Citrus County, FL
Vacancy
5.50%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$470,420
Cap Rate 7%
$336,014
Cap Rate 9%
$261,344
Alternative Uses
Best Use
Flex RnD
$584.5K
$511.5K – $682.0K
NOI $40,917 @ 7.0% cap · market cap 415.15%
Second Best
Office B
$537.0K
$469.9K – $626.5K
NOI $37,592 @ 7.0% cap · market cap 381.41%
Theoretical Best
Specialty Retail
$802.2K
$701.9K – $935.9K
NOI $56,152 @ 7.0% cap · market cap 569.72%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
201
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 34450, FL
10,788
Population
6,642
Households
1.6
Avg Household Size
59
Median Age
25%
College-Educated
92%
High-School Grad
31.2 sq mi
ZIP Area
346
Density / Sq Mi
$48,955
Median Household Income
$39,409
Median Earnings
$973
Median Rent
$210,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Flex space - Flex-style building with multiple office areas, a conference room, and a large warehouse space along US Highway 41.
Where is this flex space located?
The property is located at 956 S Us Highway 41 Inverness, FL.
What are key features of this property?
This property features: Flex‑style building along US Highway 41 with multiple office areas; Includes a conference room plus a large warehouse space; Located near downtown Inverness
