4314 N Suncoast Blvd
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4314 N Suncoast Blvd
4,599 SF 100% Leased Office Building Crystal River, FL 34428 $1,300,000 ($283/SF) 5.92% Cap Rate
Investment Highlights
- Location, Up and coming , lots of new construction and increase in population. On main road in to Crystal River
Executive Summary
Welcome to Crystal River's newest treasure for commercial ventures. This is a fantastic business opportunity! Positioned directly on US-19 Building features 4599 square feet, with 5 separate front entrances and flexible interior spacing and 3 bathrooms. No need to worry about parking there are more than 30 parking areas. This building offers versatility to suit a variety of business or retail needs. Don't miss this incredible opportunity to own a commercial office building in one of Florida's most sought-after destinations. Whether you're expanding your business or seeking a lucrative investment opportunity, this property offers the space, amenities, and location. Future – Possible “Net Operating Income” (NOI) up to $76,980/year. There are endless possibilities that await within these walls!
Financial Summary (Pro forma - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro forma - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Sale Condition
Deferred Maintenance
Property Type
Building Size
4,599 SF
Building Class
B
Year Built
1986
Price
$1,300,000
Price Per SF
$283
Cap Rate
5.92%
NOI
$76,980
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,599 SF
Building FAR
0.11
Lot Size
0.92 AC
Zoning
GNC - Gen Nbhd Commercial-Gnc
Parking
48 Spaces (10.44 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Wheelchair Accessible
- Reception
- Storage Space
- Central Heating
- High Ceilings
- Open-Plan
- Recessed Lighting
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | 17E-18S-08-0000-31300-00C0 | Total Assessment | $154,940 (2023) |
| Land Assessment | $37,960 (2023) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $116,980 (2023) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
17E-18S-08-0000-31300-00C0
Land Assessment
$37,960 (2023)
Improvements Assessment
$116,980 (2023)
Total Assessment
$154,940 (2023)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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4314 N Suncoast Blvd
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