2451 SE HIGHWAY 41 Morriston, FL 32668
2.5 acres with indoor/outdoor bar, mobile home, outbuildings.
Property Features for 2451 SE HIGHWAY 41
General Information
- Standard status
- Active
- Size
- 2,664 SF
- Lot size
- 2.50 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1960
Listing office RE/MAX AllStars Realty (352) 732-0591
Listing date Mar 24, 2026
Source Elliman
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Investment Insights
Based on property information with market context.
Key Highlights
- 2. 5 acres with 650 feet of frontage on high‑traffic Hwy 41.
- Former saloon/bar building with indoor and outdoor bar areas, stages, and coolers.
- Includes a 4/2 mobile home, pole barn, storage buildings, laundry room, and 3 RV sites.
Local Financial Insights For Specialty Retail
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 | $44.8k | $16.80 |
| − Vacancy | −$2.5k | −$0.92 |
| EGI | $42.3k | $15.88 |
| − OpEx | −$10.6k | −$3.97 |
| NOI | $31.7k | $11.91 |
