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    507 6Th St Williston, FL 32696

    For Sale
    $1,450,000

    High-Yield Self Storage Investment

    Property size:
    13,875 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional self-storage investment opportunity in Williston, Florida, presents a fully stabilized, climate-controlled facility boasting a 9% cap rate (Year 1). Situated on 1.4 acres encompassing two parcels, the property comprises 13,875 square feet of space, including 8,750 square feet of climate-controlled storage units (95% occupied, with a waiting list) in a single-story building constructed in 2007. Three additional warehouse buildings totaling 5,125 square feet offer versatile space, currently partially leased (2-year lease commencing March 2024), with potential for conversion to additional climate-controlled storage. These buildings feature an office, two bathrooms, electric roll-up bay doors, electric hookups, and air compressors. Buildings 2 and 3 have recently received new metal roofs, and Building 2 has had its exterior metal replaced. The property also includes space for up to 20 boat/RV parking spaces or Boxwell units, with current marketing efforts underway (May 2024). The facility is remotely managed and features keypad entry for customer access. The current economic occupancy is 78%, indicating significant upside potential. The seller is offering attractive owner financing: 50% at 6% interest for 14 years. This presents a compelling opportunity for investors seeking a high-return, low-management self-storage asset in a growing Florida market with proximity to Gainesville and Ocala. The property includes 56 climate-controlled units across seven buildings.

    Property Features for 507 6Th St

    General Information

    Property type
    Self storage facilities
    Square Feet
    13,875 SF
    Lot Size
    60,984 SF

    Building Details

    Buildings
    7
    Units
    56

    HighLights

    • Fully stabilized self‑storage investment opportunity in Williston, FL.
    • 9% cap rate (Year 1) with 50% owner financing at 6% for 14 years.
    • 1.4‑acre site comprised of two parcels.
    • 8,750 SF of climate‑controlled storage (95% occupied) in a single‑story, 2007 building.
    • 5,125 SF of warehouse space with office, two bathrooms, and roll‑up doors; Buildings 2 & 3 have new roofs.
    • Space for up to 20 boat/RV spaces or Boxwell units.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Williston Storage-Climate Controlled Self-Storage Facility

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Williston
    County
    Levy
    State
    Florida
    Longitude
    -82.43922936121
    Latitude
    29.382515369391

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    FAQs

    What type of property is this?
    Self storage facility - High-Yield Self Storage Investment
    Where is this self storage facility located?
    The property is located at 507 6Th St Williston, FL.
    What is the asking price?
    The asking price for this property is $1,450,000.
    What are key features of this property?
    This property features: Fully stabilized self-storage investment opportunity in Williston, FL.; 9% cap rate (Year 1) with 50% owner financing at 6% for 14 years.; 1.4-acre site comprised of two parcels.
    (904) 733-0039
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    507 6Th St Williston, FL 32696
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    507 6Th St Williston, FL 32696
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