Medical Office with Exam
223 North Main Street, Williston, FL 32696
For Sale
Contact for pricing
Pending
An established clinical layout includes dedicated provider, lab, reception, and staff areas.
Property Size4,502 SF
Lot Size0.59 Acres
Days on Market54
Property Features for 223 North Main Street
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Additional Details
Road Access
Amenities
fiber-optic connectivity
separate room ventilation
three HVAC systems
two mini-split units
standby generator
monument signage
Building Details
Buildings
Building Size
Listing Agency:
Bosshardt Realty Services
Listed By:
Makayla Richardson · License FL SL3598503
(352) 256-7532
Source:
Crexi
Added: Sep 18
Changed: Nov 10
Last Checked: Nov 10 at 8:42AM
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 Bosshardt Realty Services
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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.
Configured for medical use, this 4,502-square-foot office building contains 3,996 square feet of heated space on a 0.59-acre parcel. The interior includes eight exam rooms, four provider offices, a laboratory, nurse station, reception and waiting areas, plus staff, administrative, and support space. Building systems include three HVAC systems, two mini-split units, separate room ventilation, fiber-optic connectivity, and a standby generator.
The property is zoned C-2 and has monument signage along N Main Street.
The property is zoned C-2 and has monument signage along N Main Street.
Key Highlights
- 4,502 SF building with 3,996 SF of heated area
- Medical layout includes 8 exam rooms and 4 provider offices
- Laboratory, nurse station, reception and waiting areas, and staff and administrative areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,660
Cap Rate
6.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,133,200
$1.1M
Cap Rate 7%
$809,429
$809.4K
Cap Rate 9%
$629,556
$629.6K
Market Conditions
NOI Build-Up for 4,502 SF
Gross rent
$102.6K $22.80/SF
− Vacancy
−$8.2K −$1.82/SF
EGI
$94.4K $20.98/SF
− OpEx
−$37.8K −$8.39/SF
NOI
$56.7K $12.59/SF
Area
Levy County, FL
Vacancy
8.00%
Lease Rate
$22.80 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,133,200
Cap Rate 7%
$809,429
Cap Rate 9%
$629,556
Alternative Uses
Best Use
Healthcare Medical
$809.4K
$708.3K – $944.3K
NOI $56,660 @ 7.0% cap · market cap 6.67%
Second Best
Office B
$802.3K
$702.0K – $936.0K
NOI $56,158 @ 7.0% cap · market cap 6.61%
Theoretical Best
Office A
$1.12M
$975.7K – $1.30M
NOI $78,054 @ 7.0% cap · market cap 9.18%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
465
Businesses Nearby
Balanced
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 Office in South region
Similar Off Market Nearby
- Levy Animal Clinic — 505 SW 7 St, Williston, FL 32696
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Frequently Asked Questions
What type of property is this?
Medical Office Space - An established clinical layout includes dedicated provider, lab, reception, and staff areas.
Where is this medical office space located?
The property is located at 223 North Main Street Williston, FL.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 4,502 SF building with 3,996 SF of heated area; Medical layout includes 8 exam rooms and 4 provider offices; Laboratory, nurse station, reception and waiting areas, and staff and administrative areas
