Insulated
20981 NE Hwy 27, Williston, FL 32696
For Sale
$1,300,000
Commercial Sale, Williston, FL
Property Size7,500 SF
Lot Size1.50 Acres
Price / SF$173.33
Days on Market267
Property Features for 20981 NE Hwy 27
General Information
Property type
Property subtype
Property condition
Subdivision
Directions
Standard status
APN
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Building Details
Year built
Listing Agency:
United Country Smith & Associates Trenton
(352) 463-7770
Listed By:
Kayla Casson · License FL #3557251
(352) 221-3276
Added: Feb 19
Changed: Oct 20
Last Checked: Nov 12 at 6:06AM
MLS# 797646
Copyright © 2026 Dixie-Gilchrist-Levy Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 7,500-square-foot insulated warehouse is under construction on a 1.5-acre site. The building has four 14-foot roll-up doors and two walk-through doors. Its interior is planned for build-to-suit customization, and the property includes paved parking, power, a new well, and a new septic system.
The property is just off Highway 27 in Levy County and lies in Flood Zone X.
The property is just off Highway 27 in Levy County and lies in Flood Zone X.
Key Highlights
- 7,500‑square‑foot insulated warehouse on 1.5 acres
- Four 14‑foot roll‑up doors and two walk‑through doors
- Paved parking lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,793
Cap Rate
4.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,095,860
$1.1M
Cap Rate 7%
$782,757
$782.8K
Cap Rate 9%
$608,811
$608.8K
Market Conditions
NOI Build-Up for 7,500 SF
Gross rent
$67.5K $9.00/SF
− Vacancy
−$3.0K −$0.41/SF
EGI
$64.5K $8.59/SF
− OpEx
−$9.7K −$1.29/SF
NOI
$54.8K $7.31/SF
Area
Levy County, FL
Vacancy
4.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,095,860
Cap Rate 7%
$782,757
Cap Rate 9%
$608,811
Alternative Uses
Best Use
Warehouse
$782.8K
$684.9K – $913.2K
NOI $54,793 @ 7.0% cap · market cap 4.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.86M
$1.63M – $2.17M
NOI $130,032 @ 7.0% cap · market cap 10.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
4
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
$202,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Warehouses in Levy County, FL
Properties on Market for Warehouses in Levy County
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Warehouse - The site includes paved parking, power, and newly installed well and septic systems.
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: 7,500‑square‑foot insulated warehouse on 1.5 acres; Four 14‑foot roll‑up doors and two walk‑through doors; Paved parking lot
