David Ramirez
Industrial

Commercial Sale · Industrial

$600,000$650,0007,614 sq ft$79 /sq ft1.25 acres

377 HIGHWAY 40 W, INGLIS, FL, 34449

Active290 days on marketListed Oct 7, 2025MLS #OM711032

About this property

The property at a glance

Positioned in the heart of Florida’s Gulf Coast within the Gainesville MSA ($17.7 Billion GDP in 2023), this flex space offers strategic connectivity to the Tampa and Ocala metros. The asset is comprised of a 7,614 SF building and two adjoining 1.25-acre parcels (2.5 acres total). The improved parcel is one of the few industrial-zoned sites within the Town of Inglis, while the adjacent corner lot is C-1 Neighborhood Commercial. Together, the parcels provide approximately 330 FT of frontage on SR 40, with an additional 330 FT of secondary road frontage along the corner lot. Constructed in 1981 by Allan Caton, a locally renowned builder and craftsman, the facility was originally the headquarters of A&N Corporation (now ANCORP)—for many years the largest employer in Inglis. The building was designed for industrial use, featuring an oversized concrete slab and 480-volt, three-phase electrical service to support precision manufacturing of high and ultra-high-vacuum components for advanced technology industries. Since then, the building has served a range of professional and industrial uses, including a software company, Duke Energy, and most recently a custom woodworking and cabinetry shop. The current configuration includes 25 rooms adaptable for offices, conference areas, storage, or light manufacturing, along with five bathrooms (three with showers), a kitchen, and a loading dock with overhead door for material handling and freight access. The facility is suitable for numerous uses—fabrication or machine shop, warehouse/distribution hub, cold storage, creative studio or maker space, or co-warehousing with rentable suites. The asset’s location will soon benefit from the Suncoast Parkway’s Red Level terminus, projected for completion between Q4 2026 and Q4 2027. Once open, Inglis will be within approximately 80 minutes of Tampa International Airport, further positioning the site as a strategic logistics and staging hub for Florida’s Gulf Coast and North Florida markets. Feeding future growth and demand, the University of Florida’s Bureau of Economic and Business Research projects Levy County’s population will increase 20% by 2040. This is a rare opportunity to acquire one of the region’s few industrial-grade assets offering robust infrastructure, versatile functionality, and exceptional regional access. See Realtor remarks.

7,614

Building sq ft

$79

Price / sq ft

1.25

Lot acres

1981

Year built

1

Building

Industrial

Property type

Building size7,614 sq ft
Lot size1.25 acres
Year built1981
Buildings1
ConstructionBlock · Concrete · Stucco
CoolingCentral Air · Mini-Split Unit(s) · Wall/Window Unit(s)
Annual taxes$3,526

The numbers

Investment snapshot

Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.

Estimated payment (illustrative)

Down payment25% · $150,000
Interest rate6.00%
Loan term

Estimated payment

$3,152/mo

Principal & interest$2,698
Property taxes (actual bill)$294
Est. insurance$160

Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Financing

Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.

Where it sits

Location & trade area

3,300vehicles / day · 2025Withlachoochee Bay to Marion Co Line · Traffic count · Florida DOT
5-min drive10-min drive15-min drive

What’s nearby

Drummond Community BankBank0.1 mi
Wise Guys Deli & Coffee ShopRestaurant0.5 mi
Capital City BankBank0.5 mi
Circle KGrocery0.7 mi
Withlacoochee MotelLodging0.7 mi

Business data © OpenStreetMap contributors

The area

Who's around this property

3,508

Population

$52,760

Median income

52.1

Median age

2.25

Avg household

$143,900

Median home value

$775/mo

Median rent

332

Households w/ kids

Recent sales

What actually sold near 377 HIGHWAY 40 W

The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.

18 HIGHWAY 40 E

$765,000

18 HIGHWAY 40 E

7,250 sqft · $106/sqft · Sold Feb 24, 2025

19 HIGHWAY 40 W

$185,000

19 HIGHWAY 40 W

912 sqft · $203/sqft · Sold Sep 4, 2024

Your team

The pros in your corner

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, offers, and every question about 377 HIGHWAY 40 W — start here.

Andrew Acosta

Financing contact

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Ask about commercial financing options for 377 HIGHWAY 40 W.

See it in person

Schedule a tour

Pick a day that works — this goes straight to David's phone and CRM.

Goes straight to David’s phone and CRM.

Keep looking

Similar properties nearby

Listing courtesy of CENTURY 21 J.W.MORTON R.E. · Wayne Buhler. MLS #OM711032.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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