21021 Highway 441 N - Flex FOR SALE


Micanopy, FL 32667
$599,999 USD
352-572-9109
21021 Highway 441 N, Micanopy, FL for Sale
$599,999 USD
Flex - FOR SALE
1/2
null | 9.58% Cap Rate

21021 Highway 441 N
Micanopy, FL 32667


HIGHLIGHTS

  • High visibility frontage on US Hwy 441

OVERVIEW

Excellent investment opportunity featuring a 2,870 SF industrial office/warehouse building with high-visibility frontage on US Hwy 441. The property includes a .9-acre laydown yard and is situated on two parcels totaling 1.43 acres, zoned Commercial C-1. The building features a mix of office, showroom, and warehouse space, including a large open work-space, multiple rooms, two restrooms, and a dedicated office. This asset is tenant-occupied through 2032 under a 10-year lease, rolling into Year 3 in July 2025. Annual base rent begins at $57,458.34, offering a 9.58% cap rate, with 3% annual escalators in place for steady income growth. A solid, income-producing property with stable tenancy, flexible zoning, and prime highway exposure—ideal for investors seeking dependable returns.

FOR SALE DETAILS

PRICE

$599,999 USD

PRICE/SF

$209 USD /SF

CAP RATE

9.58%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.43

LAND SF

62,291

ZONING

C1

APN/PARCEL ID

02318-000-00,02436-003-00

ASK ABOUT THIS PROPERTY

Nolan GallowayGus Galloway Realty Inc.More Info
352-572-9109

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Nolan GallowayGus Galloway Realty Inc.More Info
352-572-9109

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.