Automotive Service and Wash
For Sale
$2,300,000
20761 Us Highway 27, Williston, FL 32696
Two automotive buildings with 12 lifts and a covered wash bay, plus parking and yard space for vehicle-focused operations.
Property Size12,500 SF
Price / SF$184
Days on Market97
Property Features for 20761 Us Highway 27
General Information
Standard status
Active
Size
12,500 SF
Site & Location
Highway Access
Yes
Road Access
Yes
Outdoor Storage
Yes
Additional Details
Service Bays
13
Building Details
Year Built
2021
Listing Agency:
Majestic Oaks Realty
Listed By:
Nicole Schreier · License #3530233
(352) 644-3564
Source:
Thepennteam
Added: Jul 18
Changed: Oct 2
Last Checked: Oct 7 at 5:46PM
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 Majestic Oaks Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This fully improved commercial property includes two purpose-built buildings designed for automotive and mechanical use. The site is equipped with 12 vehicle lifts, 2 commercial air compressors, 8 industrial fans, and a covered vehicle wash bay, along with generous parking and yard space to support high-volume work.
The property provides direct frontage on NE Highway 27 in Williston, Florida, offering highway-oriented visibility and straightforward site access.
While the operating business, Shift N Gears, is not included, the real estate is being offered as an infrastructure-rich automotive facility with substantial onsite equipment for service, repair, and related vehicle maintenance use.
The property provides direct frontage on NE Highway 27 in Williston, Florida, offering highway-oriented visibility and straightforward site access.
While the operating business, Shift N Gears, is not included, the real estate is being offered as an infrastructure-rich automotive facility with substantial onsite equipment for service, repair, and related vehicle maintenance use.
Key Highlights
- Commercial property in Williston, FL with direct frontage on NE Highway 27
- Two purpose‑built commercial buildings for automotive/mechanical use
- Equipped with 12 vehicle lifts for service and repair operations
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$148,838
Cap Rate
6.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,976,760
$3.0M
Cap Rate 7%
$2,126,257
$2.1M
Cap Rate 9%
$1,653,756
$1.7M
Market Conditions
NOI Build-Up for 12,500 SF
Gross rent
$210.0K $16.80/SF
− Vacancy
−$11.6K −$0.92/SF
EGI
$198.5K $15.88/SF
− OpEx
−$49.6K −$3.97/SF
NOI
$148.8K $11.91/SF
Area
Levy County, FL
Vacancy
5.50%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,976,760
Cap Rate 7%
$2,126,257
Cap Rate 9%
$1,653,756
Alternative Uses
Best Use
Specialty Retail
$2.13M
$1.86M – $2.48M
NOI $148,838 @ 7.0% cap · market cap 6.47%
Second Best
Retail
$1.89M
$1.66M – $2.21M
NOI $132,536 @ 7.0% cap · market cap 5.76%
Theoretical Best
Office A
$3.10M
$2.71M – $3.61M
NOI $216,720 @ 7.0% cap · market cap 9.42%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
13
Service bays
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
10
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32696, FL
12,784
Population
6,133
Households
2.1
Avg Household Size
46
Median Age
20%
College-Educated
88%
High-School Grad
142.4 sq mi
ZIP Area
90
Density / Sq Mi
$56,944
Median Household Income
$36,368
Median Earnings
$827
Median Rent
$202,800
Median Home Value
Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Master Lube Automotive — 4350 NE 170 Ave, Williston, FL 32696
Frequently Asked Questions
What type of property is this?
Auto shop - Two automotive buildings with 12 lifts and a covered wash bay, plus parking and yard space for vehicle-focused operations.
Where is this auto shop located?
The property is located at 20761 Us Highway 27 Williston, FL.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Commercial property in Williston, FL with direct frontage on NE Highway 27; Two purpose‑built commercial buildings for automotive/mechanical use; Equipped with 12 vehicle lifts for service and repair operations
