Webster Mixed-Use Development
267 N Market Blvd Webster, FL 33597
For Sale
Contact for pricing
Three buildings on 2.32 acres with high visibility and access.
Property Size3,885 SF
Lot Size2.32 Acres
Price / SF$308.88
Days on Market1394
Property Features for 267 N Market Blvd
General Information
Standard status
Active
Size
3,885 SF
Lot size
2.32 Acres
Property subtype
Hospitality, Mixed Use, Office, Retail
Building Details
Year Built
1967
Listing Agency:
Grizzard Commercial Real Estate Group
(352) 396-9136
Listed By:
Dan Tatro · License #FL 3190991
Source:
Crexi
Added: Oct 5, 2022
Changed: Jul 10
Last Checked: Jul 29 at 4:42PM
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 Grizzard Commercial Real Estate Group
Investment Insights
Based on property information with market context.
This offering includes three buildings totaling 3,885 square feet on 2.32 acres in Webster, featuring two corner lots and 382 feet of frontage on Market Boulevard. Zoned CL by the City of Webster, the location benefits from a Florida Department of Transportation average of 7,200 trips per day. The buildings are individually sized at approximately 1,584 square feet, 1,071 square feet, and 1,230 square feet. The property offers superior visibility, easy access, and ample signage and parking. Situated on State Road 471, Webster is experiencing growth due to its proximity to The Villages and their recent acquisition of 18,000 acres, which also fronts State Road 471. Webster is home to the historic Webster Flea Market, one of the largest in the Southeast US, held on Mondays. The sale includes two parcels, Q31-C034 and Q31C036. Tenants are currently on month-to-month leases.
Key Highlights
- High‑visibility location with 382 feet of frontage on Market Blvd and easy access.
- Zoned CL in the City of Webster, offering flexible commercial use possibilities.
- Three buildings totaling 3,885+\/- SF on 2.32+\/- acres, providing diverse usage options.
Financial Insights For Office B
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 | $97.0k | $24.96 |
| − Vacancy | −$17.5k | −$4.49 |
| EGI | $79.5k | $20.47 |
| − OpEx | −$19.9k | −$5.12 |
| NOI | $59.6k | $15.35 |
3,885 SF · lease $24.96/SF/yr · vacancy 18.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$851.9K
$745.5K – $993.9K
NOI $59,636 @ 7.0% cap · market cap 4.97%
Second Best
Retail
$627.3K
$548.9K – $731.8K
NOI $43,909 @ 7.0% cap · market cap 3.66%
Theoretical Best
Office A
$1.11M
$973.2K – $1.30M
NOI $77,855 @ 7.0% cap · market cap 6.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Mixed-use property - Three buildings on 2.32 acres with high visibility and access.
Where is this mixed-use property located?
The property is located at 267 N Market Blvd Webster, FL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: High‑visibility location with 382 feet of frontage on Market Blvd and easy access.; Zoned CL in the City of Webster, offering flexible commercial use possibilities.; Three buildings totaling 3,885+\/- SF on 2.32+\/- acres, providing diverse usage options.
