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Insulated Warehouse Near Highway 27
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20981 NE Hwy 27, Williston, FL 32696

6,250 SF insulated warehouse on 1.5 acres near Highway 27.

Property Size6,250 SF
Lot Size1.50 Acres
Price / SF$208
Days on Market164

Property Features for 20981 NE Hwy 27

General Information

Standard status Active
Size 6,250 SF
Lot size 1.50 Acres
Property subtype Industrial

Building Details

Year Built 2026
Listing Agency: United Country Smith & Associates Trenton
Listed By: Kayla Casson · License #3557251
Source: Crexi
Added: Feb 17 Changed: Jul 6 Last Checked: Jul 30 at 2:21PM

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 United Country Smith & Associates Trenton

Investment Insights

Based on property information with market context.

This 6,250 square foot insulated warehouse is located just off Highway 27 in Levy County. Situated on 1.5 acres in Flood Zone X, the property includes four 14-foot roll-up doors and two walk-through doors. A paved parking lot provides space for traffic and vehicles. Major improvements are complete, including a new well, septic system, and power. The structure is ready for customization, offering flexibility to design the layout. The property offers visibility, space, and infrastructure. It has road frontage and accessibility. The property is intended for commercial use.

Key Highlights

  • 6,250 sq ft insulated warehouse with highway frontage and strong accessibility
  • Located on 1.5 acres in Flood Zone X (high and dry)
  • Four 14‑foot roll‑up doors and two walk‑through doors for easy access

Financial Insights For Warehouse

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 $56.3k $9.00
− Vacancy −$2.5k −$0.41
EGI $53.7k $8.59
− OpEx −$8.1k −$1.29
NOI $45.7k $7.31
6,250 SF · lease $9.00/SF/yr · vacancy 4.50% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$652.3K
$570.8K – $761.0K (±1% cap)
NOI $45,661 @ 7.0% cap · market cap 3.51%
Second Best
Industrial
$605.6K
$529.9K – $706.6K (±1% cap)
NOI $42,394 @ 7.0% cap · market cap 3.26%
Theoretical Best
Office A
$1.55M
$1.35M – $1.81M (±1% cap)
NOI $108,360 @ 7.0% cap · market cap 8.34%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Building Supply Auto Repair Shop Auto Parts Store Plumbing Service Kitchen & Bath Showroom Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

10
Businesses Nearby
Well-served
Demand for This Use

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

Properties on Market for Warehouses in Levy County

Jan
Feb
Mar
Apr
May
Jun

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Warehouse - 6,250 SF insulated warehouse on 1.5 acres near Highway 27.
Where is this warehouse located?
The property is located at 20981 NE Hwy 27 Williston, FL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 6,250 sq ft insulated warehouse with highway frontage and strong accessibility; Located on 1.5 acres in Flood Zone X (high and dry); Four 14‑foot roll‑up doors and two walk‑through doors for easy access
More about this property
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