Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    NE 131 Terrace Williston, FL 32696

    View on Map
    Claim this Listing
    For Sale
    $44,000

    LAND - Williston, FL

    Lot size:
    1.00 Acre
    Added:
    Apr 25, 2025
    Days on Market:
    361
    Last Refresh:
    Apr 20 at 7:06 am

    Property Features for NE 131 Terrace

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Out of County
    Standard status
    Active
    APN
    0977600900
    Lot size
    1.00 Acre

    Taxes and HOA fees

    Tax Year
    2023
    Tax Description
    19-13-18 WILLISTON HIGHLANDS UNIT 12 BLK 36 LOT 10 OR BOOK 958 PAGE 733 (TIC)
    Tax Annual Amount
    149

    Utilities

    Sewer type
    Septic Needed
    Water source
    Well Needed

    We can help!

    Listing Contact
    Eweullyne Commander

    Listing agent Eweullyne Commander License #32081

    Listing office Rainbow Springs Realty Group 8621 SW 200 Circle, FL

    Listing date Apr 25, 2025

    MLS# 844093 Listing URL

    Copyright © 2026 REALTORS Association of Citrus County, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Williston Highlands 10-Acre Land Tract

    Available for sale is a 10-acre tract of land, subdivided into ten 1-acre homesites. Located in the Williston Highlands subdivision, the property is zoned Rural Residential, allowing for on-site built homes or manufactured homes. There is no HOA, offering flexibility in property use. The ten adjacent 1-acre new construction sites are elevated, high, and dry, featuring trees. The 10-acre tract is located off NE 4TH street, NE 131ST Terrace, NE 2ND Street & NE 132ND Terrace, approximately 8 miles from Williston, offering shopping and dining. It is also a short drive from Historic Dunnellon's Town Square and the World Equestrian Center in Ocala, FL.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Building Supply Big Box & Wholesale Store Food Market Electronics & Wireless Store Carpet & Flooring Store Farmer's Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Williston
    County
    Levy
    State
    Florida
    Longitude
    -82.552891
    Latitude
    29.3362073

    Nearby Similar for Sale

    • $300,000
      1,602 SF

      Professional Office Building Investment Opportunity

      Well-maintained office building in Williston, ideal for various professional uses.
      510 SW 5TH TERRACE, WILLISTON, FL 32696
      View Details
    • $999,000
      1,250 SF

      Versatile Commercial Compound in Williston

      Multi-building commercial property on 3.19 acres with highway frontage.
      14131 NE HIGHWAY 27 ALT, WILLISTON, FL 32696
      View Details
    • $2,500,000
      4,950 SF

      Highway 27 Commercial Asset

      Commercial property with highway frontage, ideal for automotive or mechanical use.
      20761 NE HIGHWAY 27, WILLISTON, FL 32696
      View Details
    • $1,300,000
      6,250 SF

      Williston Warehouse with Highway Frontage

      6,250 SF warehouse on 1.5 acres near Highway 27.
      20981 Hwy 27, Williston, FL 32696
      View Details
    • $199,900

      Prime Commercial Land Opportunity

      1.9-acre commercial parcel near World Equestrian Center.
      Hwy 27, Williston, FL 32696
      View Details
    • $189,900

      Commercial Acreage on Highway 27

      One-acre commercial lot on Alt US Hwy 27 near Williston.
      18450 NE 40TH STREET, WILLISTON, FL 32696
      View Details
    • $199,900

      Prime Commercial Land Opportunity

      1.9-acre commercial parcel near World Equestrian Center.
      Hwy 27, Williston, FL 32696
      View Details
    • $3,400,000
      3,627 SF

      Working Horse Farm with Arenas

      Turnkey equestrian property with two residences and professional-grade facilities.
      15151 & 15101 NW 162ND TERRACE, WILLISTON, FL 32696
      View Details
    • $35,000

      Commercial Lots in Growing Area

      Multiple commercial lots in a convenient and growing area of Williston.
      Tbd SW 6TH AVENUE, WILLISTON, FL 32696
      View Details
    • $35,000

      Commercial Lots in Growing Williston

      Commercial lots in Williston, excellent accessibility, high visibility location.
      Tbd SW 6TH AVENUE, WILLISTON, FL 32696
      View Details
    • $825,000
      1,352 SF

      Equestrian Property with Income Potential

      Turnkey equestrian facility on 10+ acres with income potential.
      17885 NE 2ND PLACE, WILLISTON, FL 32696
      View Details
    • $2,645,000
      2,000 SF

      Williston Horse Farm with Barndominium

      20+ acre horse farm with barndominium near Ocala.
      14650 NW 160TH AVENUE, WILLISTON, FL 32696
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Ten 1-acre homesites in Williston Highlands, zoned for site-built/manufactured homes.
    Where is this residential land & home lot located?
    The property is located at NE 131 Terrace Williston, FL.
    What is the asking price?
    The asking price for this property is $44,000.
    What are key features of this property?
    This property features: 10‑acre tract subdivided into (10) individual 1‑acre home sites.; Zoned Rural Residential, allowing for site‑built or manufactured homes.; No HOA, offering flexibility in property use.
    (352) 212-9120
    We can help!
    Listing Contact
    Eweullyne Commander
    Real Estate License ID: 32081
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!