1624 N Meadowcrest Blvd - Manufacturing FOR SALE


Crystal River, FL 34429
$3,890,000 USD
352-400-2635
1624 N Meadowcrest Blvd, Crystal River, FL for Sale
$3,890,000 USD
Manufacturing - FOR SALE
1/65
null | Request Cap Rate

1624 N Meadowcrest Blvd
Crystal River, FL 34429


OVERVIEW

Prime Industrial Facility 56,186 Sq.Ft. Building on 7.30 Acres of Land Presenting a two-story, 56,186 sq.ft. industrial facility situated in Tampa's Metropolitan Statistical Area. Built in 1984, this structure features predominantly concrete block and red iron steel construction. The building consists of a 45,326 sq.ft. manufacturing facility/warehouse distribution area with clear ceilings ranging from 14.67 to 33.4 feet, along with a 10,860 sq.ft. two-story professional office space boasting clear ceiling heights of 12 to 14 feet. Well-suited for diverse industrial requirements, the property is equipped with two and three-phase electrical supply up to 2000 AMPS Circuit, city water and sewer connections, and dock-high loading platforms at "0" level, complete with dock levelers and five roll-up doors. Additionally, two ground-level roll-up doors enhance accessibility. The flexible LED-lighted space allows for immediate adaptation to various production uses, including heavy and light manufacturing, assembly, distribution, flex, research and development, and more. Situated on an expansive 7.30-acre parcel zoned PDR (Planned Development and approved for Commercial and Industrial Operations), the property includes a bonus of 2 acres of surplus land for potential building expansion or creating a substantial laydown yard for equipment and materials. The site is semi-friendly, facilitating full vehicular circulation and the capacity to load and unload up to 5 semis simultaneously at the dock high bays and 7 at truck height. With a well-thought-out design accommodating trucks of all sizes, the property offers full pull-through, loading, and off-loading capabilities. Ample parking is provided with 111 spaces available for staff and customers. Conveniently located just 3.2 miles east of the recently extended Suncoast Parkway 2 and SR 44 interchange, this property positions itself amidst thriving communities, including Inverness (15.2 miles), Crystal River (4 miles), Citrus Springs (11.8 miles), and Beverly Hills/Central Ridge District (6.6 miles). Citrus County, currently home to 153,600 residents, is poised for exponential growth with an estimated 350,000 residents projected under Citrus County’s Land Development Code. Infrastructure development is underway to accommodate an expected 30,000 new residents by 2030. Citrus County is recognized as Florida’s hotspot for development and growth, boasting 61,000 platted, recorded vacant parcels. Moreover, Citrus County is part of the Tampa–St. Petersburg–Clearwater MSA, the 18th largest in the U.S., solidifying Citrus County's status as one of the nation's premier real estate markets. Size and Construction: -Two-story building with a total area of 56,186 sq.ft. -Constructed in 1984 using predominantly concrete block and red iron steel. Functional Spaces: -45,326 sq.ft. manufacturing facility/warehouse distribution. -Clear ceilings ranging from 14.67 to 33.4 feet. -10,860 sq.ft. two-story professional office space with clear ceiling heights of 12 to 14 feet. Industrial Capabilities: -Well-equipped for various industrial needs. -Two and three-phase electrical supply up to 2000 AMPS Circuit. -City water and sewer connections. -Dock-high loading platforms at "0" level with dock levelers. -Five roll-up doors and two ground-level roll-up doors. -LED lighted flex space for immediate retrofitting. Zoning and Expansion Potential: -Situated on a 7.30-acre parcel zoned PDR (Planned Development). -Approved for Commercial and Industrial Operations. -Bonus 2 acres of surplus land for potential expansion or laydown yard. Accessibility and Parking: -Semi-friendly site for full vehicular circulation. -Capacity to load/unload 5 semis at dock-high bays and 7 at truck height. -Full pull-through and loading/off-loading capabilities. -Ample parking with 111 spaces for staff and customers. Strategic Location: -Conveniently located 3.2 miles east of Suncoast Parkway 2 and SR 44 interchange. -Proximity to thriving communities like Inverness, Crystal River, Citrus Springs, and Beverly Hills/Central Ridge District. Regional Growth and Development: -Citrus County home to 153,600 residents. -Expected exponential growth to 350,000 residents under Citrus County’s Land Development Code. -Infrastructure development underway for an estimated 30,000 new residents by 2030. -Part of the Tampa–St. Petersburg–Clearwater MSA, the 18th largest in the U.S. -Citrus County recognized as Florida’s hotspot for development and growth with 61,000 platted, recorded vacant parcels. All Due Diligence can be found on the Crexi page: Link All LOIs should be submitted through the Crexi page: Link All questions regarding this property can be directed to emails: Info@eliasgeorge.com All calls can be reached out to number: (352) 200-2635

FOR SALE DETAILS

PRICE

$3,890,000 USD

PRICE/SF

$69 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1984

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

5

DRIVE INS

-

PARKING SPACES

100

LAND DETAILS

LAND ACRES

5.77

LAND SF

251,450

ZONING

PDR

APN/PARCEL ID

17E-18S-25-0040-00000-0030

ASK ABOUT THIS PROPERTY

Elias KirallahCentury 21 Commercial, Elias George KirallahMore Info
352-400-2635

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Elias KirallahCentury 21 Commercial, Elias George KirallahMore Info
352-400-2635

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