Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    8200 Venable St Crystal River, FL 34429

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    8200 Venable St Crystal River, FL 34429

    View on Map
    • Warehouses
    • 50,157 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Covid-19 Vaccine Location - Duke, Crystal River / Medical Clinic
    • Duke Energy Training Facility / Corporate Office

    Property Details for 8200 Venable St

    Property size
    50,157 SF
    Property type
    Warehouses
    Property subtype
    Industrial properties

    Description

    This exceptional investment opportunity encompasses a 50,157-square-foot industrial complex ideally situated in Crystal River, Florida. The property consists of two buildings, strategically located at 8200 W. Venable St., in Citrus County, zip code 34429. The northern building offers 20,410 square feet, while the southern building provides a more substantial 29,747 square feet, totaling 50,157 square feet of versatile space. Both buildings feature concrete slab and metal construction, providing a durable and functional structure. The property boasts ample parking, catering to the needs of multiple tenants. Its prime location offers unparalleled accessibility, with convenient proximity to major transportation arteries including US 98/19, the Suncoast Parkway, US 41, and I-75 via SR 44. This strategic positioning within the Homosassa Springs market makes this property an attractive option for businesses seeking efficient distribution, flexible warehousing, or a combination thereof. The multi-tenant configuration presents a unique opportunity for investors seeking diversified income streams. This property is being offered for sale and represents a compelling investment opportunity in a thriving Florida market.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Crystal River
    County
    Citrus
    State
    Florida
    Longitude
    -82.5699
    Latitude
    28.8655

    Comparable in this City

    • Value Estimation
      $2,625,000
      42,718 SF

      1651 Us Hwy 19

      MINI-WAREHOUSE, STORAGE • 42,718 SF
      1651 Us Hwy 19, Crystal River, FL 34429-4830
      View Details
    • Value Estimation by Request
      4,000 SF

      731 5th St

      MINI-WAREHOUSE, STORAGE • 4,000 SF
      731 5th St, Crystal River, FL 34429-4325
      View Details
    • Value Estimation
      $635,000
      7,566 SF

      765 Gardenview Ter

      MINI-WAREHOUSE, STORAGE • 7,566 SF
      765 Gardenview Ter, Crystal River, FL 34429-5373
      View Details
    • Value Estimation
      $1,590,000
      10,080 SF

      5050 Norvell Bryant Hwy

      MINI-WAREHOUSE, STORAGE • 10,080 SF
      5050 Norvell Bryant Hwy, Crystal River, FL 34429-7570
      View Details
    • Value Estimation by Request
      3,876 SF

      606 Us Hwy 19

      MINI-WAREHOUSE, STORAGE • 3,876 SF
      606 Us Hwy 19, Crystal River, FL 34429-4241
      View Details
    • Value Estimation by Request
      2,220 SF

      6565 Gulf To Lk Hwy

      MINI-WAREHOUSE, STORAGE • 2,220 SF
      6565 Gulf To Lk Hwy, Crystal River, FL 34429-7624
      View Details

    Similar Nearby for Sale

    • $2,400,000
      27,600 SF

      Crystal River Warehouse For Sale

      27,600 sq ft warehouse in Crystal River, Florida.
      940 N Suncoast Blvd, Crystal River, FL 34429
      View Details
    • Contact for pricing
      6,523 SF

      Crystal River Auto Service Facility

      Mixed-use retail and auto service/flex warehouse on high-traffic highway.
      6680 W Gulf To Lake Hwy, Crystal River, FL 34429
      View Details
    • $575,000
      6,523 SF

      Mixed-Use Property on High-Traffic Highway

      High-visibility mixed-use property on W Gulf to Lake Highway.
      6680 W Gulf To Lake Hwy, Crystal River, FL 34429
      View Details
    • $575,000

      Mixed-Use Retail and Auto Property

      High-visibility mixed-use property on a heavily traveled commercial corridor.
      6680 W Gulf To Lake Hwy, Crystal River, FL 34429
      View Details
    • $4,200,000

      Neighborhood Shopping Center and Storage

      Prime commercial property with retail and storage units for sale.
      940 N Suncoast Blvd, Crystal River, FL 34429
      View Details
    • $4,175,000
      3,200 SF

      Neighborhood Shopping Center and Storage

      Retail and storage facility on 2.36 acres.
      940 N Suncoast Blvd, Crystal River, FL 34429
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Crystal River Commercial Office Space

      Commercial office space available for rent in Crystal River.
      268 S Suncoast Blvd, Crystal River, FL 34429
      View Details
    • Contact for pricing
      2,240 SF

      Retail Space on US-19

      Retail spaces available on high-traffic US-19 in Crystal River.
      298-430 N Suncoast Blvd, Crystal River, FL 34429
      View Details
    • $750 /Mo
      7,596 SF

      Professional Offices on US 19

      Prime location, professional offices available for lease on US 19.
      268 S Suncoast Blvd, Crystal River, FL 34429
      View Details
    • $11 SF/Yr
      11,860 SF

      Crystal River Two-Story Office Space

      11,860 SF office space for lease in Crystal River, Florida.
      1624 N Meadowcrest Blvd, Crystal River, FL 34429
      View Details
    • $11 SF/Yr
      6,430 SF

      Crystal River Two-Story Office Space

      6,430 SF office space for lease in Crystal River, Florida.
      1624 N Meadowcrest Blvd, Crystal River, FL 34429
      View Details
    • $1,000 /Mo
      900 SF

      Crystal River Office Space Available

      Office spaces for rent in Crystal River, Florida.
      8740 Mayo Dr, Crystal River, FL 34429
      View Details
    Request Owner's contact information
    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.
    8200 Venable St
    Crystal River, FL 34429
    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
    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

    Thank You for Inquiry

    8200 Venable St, Crystal River, FL, 34429

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!