377 Highway 40 W - Flex FOR SALE


Inglis, FL 34449
$600,000 USD
352-464-2664
377 Highway 40 W, Inglis, FL for Sale
$600,000 USD
Flex - FOR SALE
1/101
null | 8.09% Cap Rate

377 Highway 40 W
Inglis, FL 34449


HIGHLIGHTS

  • One of the few industrial-zoned parcels in Inglis, featuring 480-volt, 3-phase electrical service and an oversized industrial grade concrete slab
  • Flexible interior layout consisting of 25 rooms adaptable for offices, conference areas, storage, and light manufacturing
  • Suitable for fabrication or machine shop, warehouse/distribution hub, cold storage, creative studio, or co-warehousing rentable suites
  • Upcoming Suncoast Parkway Red Level terminus (expected Q4 2026–Q4 2027) will place Inglis within 80 minutes of Tampa International Airport
  • University of Florida’s Bureau of Economic and Business Research projects Levy County’s population will increase 20% by 2040
  • Assemblage opportunity, includes 1.25-acre improved industrial parcel and an adjacent 1.25-acre vacant corner parcel zoned C-1 Neighborhood Commercial

OVERVIEW

This 7,614-square-foot industrial flex facility and adjoining 2.5-acre assemblage represent one of the few opportunities within the Town of Inglis combining industrial utility with commercial development potential. The offering includes an improved industrial parcel and an adjacent 1.25-acre corner parcel zoned C-1 Neighborhood Commercial, providing a unique combination of operational functionality and future development flexibility. Together, the parcels offer approximately 330 feet of frontage along CR 40, plus an additional 330 feet of secondary road frontage along the corner parcel. Constructed in 1981 by prominent local builder and craftsman Allan Caton, the facility was originally developed as the headquarters of A&N Corporation (now ANCORP), formerly the largest employer in Inglis. Purpose-built for industrial operations, the building features an oversized concrete slab and 480-volt, three-phase electrical service designed to support precision manufacturing of high- and ultra-high-vacuum components for advanced technology industries. Over the years, the property has accommodated a variety of industrial and professional users, including FirePrograms, Duke Energy, and a custom woodworking and cabinetry operation. The facility is fully wired for computer networking and telecommunications infrastructure and features approximately 25 adaptable rooms suitable for office, conference, storage, or light manufacturing uses. Additional improvements include five bathrooms, three with showers, a kitchen, and a loading dock with overhead door supporting freight access and material handling. The property's flexible configuration supports a wide range of uses, including fabrication and machine shop operations, warehousing and distribution, contractor operations, cold storage, creative studio or maker space concepts, and co-warehousing with rentable suites. Positioned along Florida's Gulf Coast within the Gainesville Metropolitan Statistical Area (MSA), the asset offers strategic access to the Tampa Bay, Ocala, and North Florida markets. The Gainesville MSA generated approximately $17.7 billion in economic output during 2023, according to U.S. Bureau of Economic Analysis data. Supporting long-term regional demand, the University of Florida Bureau of Economic and Business Research projects Levy County's population to increase by approximately 20% by 2040. The property is also positioned to benefit from the Florida Turnpike Enterprise's Suncoast Parkway Red Level Terminus extension, currently projected for completion between late 2026 and late 2027. Upon completion, Inglis will be within approximately 80 minutes of Tampa International Airport, significantly improving regional connectivity and supporting future logistics, service, distribution, and industrial operations throughout Florida's Gulf Coast corridor. This represents a rare opportunity to acquire one of the region's few industrial-grade flex assets offering robust infrastructure, industrial and commercial zoning upside, development flexibility, and improving regional accessibility within a growing Gulf Coast market.

FOR SALE DETAILS

PRICE

$600,000 USD

PRICE/SF

$79 USD /SF

CAP RATE

8.09%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

7,614 SF Flex Building | Gainesville, FL MSA

PROPERTY TYPE

Flex

ADD'L SUBTYPES

undefined, Refrigeration/Cold Storage, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1981

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.5

LAND SF

108,900

ZONING

IND

APN/PARCEL ID

12471-000-00,12472-000-00

ASK ABOUT THIS PROPERTY

Richard FernleyCentury 21 J.W. Morton Real Estate, Inc.More Info
352-464-2664

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Richard FernleyCentury 21 J.W. Morton Real Estate, Inc.More Info
352-464-2664

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