1624 Meadowcrest BlvdCrystal River, FL 34429
56,186 SF Warehouse, R&D, Manufacturing
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 114
Highlights
- 56,186 SF industrial facility on a 7.3-acre lot (including 2 acres of surplus land) in Crystal River, FL. $3,890,000 asking price; $69.23/SF.
- Tampa/St. Petersburg MSA asking cap rates at 5.8%, Ocala MSA at 6.8%; sale cap rates at 6.7% and 6.1% respectively.
- Distribution/Warehousing: Q1 2023 average asking rent $6.72/SF, effective rent $6.35/SF; Vacancy expected to be 3.6% by year-end 2023.
- Flex/R&D: Q1 2023 average asking rent $9.65/SF, effective rent $8.87/SF; Vacancy expected to be 4.4% by year-end 2023.
Property Details for 1624 Meadowcrest Blvd
- Property type
- Warehouses, Life science properties
- Square Feet
- 56,186 SF
- Class
- B
- Year Built
- 1984
- Buildings
- 1
- Stories
- 2
- Lot Size (sq. ft)
- 317,988 SF
- Units
- 1
Location Insight
- City
- Crystal River
- County
- Citrus
- State
- Florida
- Latitude
- 28.8865818
- Longitude
- -82.5393629
Nearby Similar for Sale
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