Versatile Commercial Compound on Highway
14131 NE HIGHWAY 27 ALT Williston, FL 32696
For Sale
$985,000
Multi-building commercial property with showroom, warehouse, and flexible space.
Property Size8,360 SF
Lot Size3.19 Acres
Price / SF$117.82
Days on Market94
Property Features for 14131 NE HIGHWAY 27 ALT
General Information
Standard status
Active
Size
8,360 SF
Lot size
3.19 Acres
Property subtype
Industrial
Building Details
Year Built
2021
Listing Agency:
Engel & Völkers Ocala
(305) 338-7158
Listed By:
Jodi Molzof · License #3566533
(305) 338-7158
Source:
Elliman
Added: Apr 27
Changed: Jul 10
Last Checked: Jul 29 at 4:33PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Engel & Völkers Ocala
Investment Insights
Based on property information with market context.
This commercial property is located on U.S. Highway 27 in Williston. The property, zoned for multi-use industrial, is situated on 3.19 acres. Building 1 includes a 1,250 sq ft showroom with air conditioning, two offices, and a customer restroom. One office has attic storage with lighting and a window unit, while the second office provides direct access to the attached 3,750 sq ft warehouse. The warehouse is equipped with four high-clearance roll-up doors, shelving, and a secured caged area. The showroom has double front entry doors and a side entrance. Building 2, constructed in 2021, functions as a stone shop with an overhead crane bridge, a break room with running water, and two 12x16 roll-up doors. Building 3 provides 3,360 sq ft of flexible space and includes an exterior restroom. The property features 3-phase electric, three septic systems, and one well. Select equipment, including an edge bander and CNC machine, is negotiable. The property is suitable for owner-users, investors, or expanding businesses.
Key Highlights
- Prime commercial property with direct frontage on U.S. Highway 27 and high traffic counts.
- Multi‑use industrial zoning on 3.19 acres offering endless potential.
- Building 2 (constructed in 2021) is a fully functional stone shop with an overhead crane bridge.
Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $130.4k | $15.60 |
| − Vacancy | −$9.8k | −$1.17 |
| EGI | $120.6k | $14.43 |
| − OpEx | −$42.2k | −$5.05 |
| NOI | $78.4k | $9.38 |
8,360 SF · lease $15.60/SF/yr · vacancy 7.50% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$1.12M
$980.2K – $1.31M
NOI $78,413 @ 7.0% cap · market cap 7.96%
Second Best
Warehouse
$872.5K
$763.5K – $1.02M
NOI $61,076 @ 7.0% cap · market cap 6.20%
Theoretical Best
Office A
$2.07M
$1.81M – $2.42M
NOI $144,942 @ 7.0% cap · market cap 14.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Flex space - Multi-building commercial property with showroom, warehouse, and flexible space.
Where is this flex space located?
The property is located at 14131 NE HIGHWAY 27 ALT Williston, FL.
What is the asking price?
The asking price for this property is $985,000.
What are key features of this property?
This property features: Prime commercial property with direct frontage on U.S. Highway 27 and high traffic counts.; Multi‑use industrial zoning on 3.19 acres offering endless potential.; Building 2 (constructed in 2021) is a fully functional stone shop with an overhead crane bridge.
