5326 S Florida Ave - Industrial FOR SALE


Inverness, FL 34450 | 
$719,000 USD
352-637-2777
5326 S Florida Ave, Inverness, FL for Sale
$719,000 USD
Industrial - FOR SALE
1/38
null | Request Cap Rate

NEW


5326 S Florida Ave
Inverness, FL 34450


HIGHLIGHTS

  • High-visibility commercial warehouse and office building
  • The office layout supports 3 separate office tenants
  • The warehouse includes 4,550 of leasable space with concrete floors, high ceilings, 2 bathrooms, and 3 high-grade level garage doors.

OVERVIEW

INCOME PRODUCING with a great est. 10%+ CAP RATE! Long-term 5-yr (with 5 yr renewal option) warehouse lease with 2% increase yearly already in place, expiring in 2033. High-visibility commercial warehouse and office building on the corner of US-41/S Florida Avenue and Pendant Pt in Inverness! This versatile site offers prime frontage along S Florida Avenue, one of Citrus County’s more established commercial corridors with a 16,400 AADT. With excellent exposure, 6,896 of combined leasable space (warehouse and office), steady traffic counts, and easy access in both directions, this location is perfectly positioned for a wide range of commercial operations. The building’s front section features 2,346 leasable space with 10 offices, three exterior entrances, 4 bathrooms, and 2 internal connections to the warehouse. The office layout supports 3 separate office tenants if desired. The warehouse includes 4,550 of leasable space with concrete floors, high ceilings, 2 bathrooms, and 3 high-grade level garage doors. With flexible industrial zoning and a high-growth regional market, this site is a great option for businesses that require space for operations, storage, manufacturing, or distribution. Positioned just minutes from downtown Inverness, the Withlacoochee State Trail, and major community amenities, the property benefits from a steady flow of local and regional traffic. The surrounding area includes a mix of commercial, light industrial, and service-based businesses, making it a natural fit for industrial users seeking convenience and accessibility. This location is well-suited for light manufacturing, warehouse or distribution operations, contractor or trade services, equipment storage, automotive or fleet operations, or industrial yard uses. With strong regional growth, expanding residential development, and increasing demand for industrial and service-sector support, this site offers excellent long-term potential for owner-users, investors, or companies looking to expand their footprint in Citrus County. Metal roof, AC 2009, No Flood Zone, Public Water & Septic. Call today!

FOR SALE DETAILS

PRICE

$719,000 USD

PRICE/SF

$104 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

ADD'L SUBTYPES

Warehouse, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1979

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.38

LAND SF

16,553

ZONING

IND

APN/PARCEL ID

21E-20S-06-0060-000B0-0680

ASK ABOUT THIS PROPERTY

Bruce BrunkBruce R BrunkMore Info
352-637-2777

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Bruce BrunkBruce R BrunkMore Info
352-637-2777

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