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    Highway 27 Commercial Asset Title is generated by Realmo AI

    20761 NE HIGHWAY 27, Williston, FL 32696

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    For Sale
    $2,500,000

    Mixed Use - WILLISTON, FL

    Type:Mixed Use
    Property size:
    4,950 SF
    Lot size:
    4.00 Acres
    Price / SF:
    $505/SF
    Added:
    Dec 17, 2025
    Days on Market:
    152
    Last Refresh:
    May 18 at 9:06 am

    Property Features for 20761 NE HIGHWAY 27

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Zoning
    C-2
    Appliances
    Dishwasher, Dryer, Microwave, Refrigerator, Washer
    Standard status
    Active
    APN
    17109-000-00
    Size
    4,950 SF
    Lot size
    4.00 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    3468

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    2021
    Building materials
    Frame, Metal Siding
    Architectural style
    Other

    We can help!

    Listing Contact
    Nicole Schreier

    Listing agent Nicole Schreier License #3530233

    Listing office MAJESTIC OAKS REALTY 217 SE 1st Ave Ste 200-85, Ocala, FL

    Listing date Dec 17, 2025

    MLS# OM715242 Listing URL

    Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime commercial location with exceptional visibility and direct frontage on NE Highway 27.
    • Two purpose‑built commercial buildings designed for automotive or mechanical use.
    • Equipped with 12 vehicle lifts, 2 commercial air compressors, 8 industrial fans, and a covered vehicle wash bay.
    • Generous parking and yard space suitable for high‑volume operations.
    • Turn‑key and infrastructure‑rich, ideal for owner‑users or investors.
    • Relatively new construction (built in 2021).

    Overview

    This commercial asset is located in Williston, FL, offering visibility and frontage on NE Highway 27. The property includes two commercial buildings designed for automotive or mechanical use. It is equipped with 12 vehicle lifts, 2 commercial air compressors, 8 industrial fans, and a covered vehicle wash bay. The property features parking and yard space. It is suited for automotive service, diesel repair, fleet maintenance, or contractor users. The property is zoned C-2 and has a lot size of 4 acres. The property size is 4950 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Auto Parts Store

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

    Similar Places Nearby

    • Shift'n Gears III (Shannon's Shop) — 20951 NE US Hwy 27, Williston, FL 32696
    • Body Shop — East Williston, FL 32696
    • BIG D'S TOWING — 20880 NE 40th St, Williston, FL 32696
    • Creative Powder Worx, Inc. — 20651 US Hwy 27, Williston, FL 32696
    • First Elite Mobile Marine Services Inc. - Mobile Division of Countryside Marina & Services Inc. — 20931 NE US Hwy 27, Williston, FL 32696

    Location Insight

    • Map
    • Local Demand
    City
    Williston
    County
    Levy
    State
    Florida
    Longitude
    -82.425736
    Latitude
    29.385775

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    FAQs

    What type of property is this?
    Auto shop - Commercial property with highway frontage, ideal for automotive or mechanical use.
    Where is this auto shop located?
    The property is located at 20761 NE HIGHWAY 27 Williston, FL.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: Prime commercial location with exceptional visibility and direct frontage on NE Highway 27.; Two purpose‑built commercial buildings designed for automotive or mechanical use.; Equipped with **12 vehicle lifts, 2 commercial air compressors, 8 industrial fans, and a covered vehicle wash bay.**
    (352) 644-3564
    We can help!
    Listing Contact
    Nicole Schreier
    Real Estate License ID: 3530233
    Learn More
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    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
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