Charming Commercial Building in
For Sale
Contact for pricing
610 1st Ave, Williston, FL 32696
Standalone commercial building in a prime Williston location.
Property Size754 SF
Lot Size0.21 Acres
Price / SF$303.71
Days on Market722
Property Features for 610 1st Ave
General Information
Standard status
Active
Size
754 SF
Lot size
0.21 Acres
Property subtype
Special Purpose
Building Details
Year Built
1973
Listing Agency:
Cookie King Real Estate, Inc.
Listed By:
Anna K. "Cookie" King · License #FL
Source:
Crexi
Added: Oct 31, 2024
Changed: Oct 13
Last Checked: Oct 20 at 8:02PM
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 Cookie King Real Estate, Inc.
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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 standalone commercial building is located in a busy area of Williston, Florida, near a grocery store, bank, shopping area, and popular restaurants. The building features a brick facade. The floor plan includes three separate offices, a waiting room, and a reception area. The property is move-in-ready. The building is situated on a fraction of lots 16 & 17 in block 2 of the Weona Hills Est, measuring 90 ft x 100 ft. The property is 754 square feet.
Key Highlights
- Prime location in a busy area near a grocery store, bank, shopping area, and restaurants.
- Move‑in‑ready condition suitable for various business types.
- Charming brick facade with strong curb appeal.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,405
Cap Rate
4.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$188,100
$188.1K
Cap Rate 7%
$134,357
$134.4K
Cap Rate 9%
$104,500
$104.5K
Market Conditions
NOI Build-Up for 754 SF
Gross rent
$14.9K $19.80/SF
− Vacancy
−$2.4K −$3.17/SF
EGI
$12.5K $16.63/SF
− OpEx
−$3.1K −$4.16/SF
NOI
$9.4K $12.47/SF
Area
Levy County, FL
Vacancy
16.00%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$188,100
Cap Rate 7%
$134,357
Cap Rate 9%
$104,500
Alternative Uses
Best Use
Office B
$134.4K
$117.6K – $156.8K
NOI $9,405 @ 7.0% cap · market cap 4.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$186.8K
$163.4K – $217.9K
NOI $13,073 @ 7.0% cap · market cap 5.71%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
345
Businesses Nearby
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
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Standalone commercial building in a prime Williston location.
Where is this office unit located?
The property is located at 610 1st Ave Williston, FL.
What is the asking price?
The asking price for this property is $229,000.
What are key features of this property?
This property features: Prime location in a busy area near a grocery store, bank, shopping area, and restaurants.; Move‑in‑ready condition suitable for various business types.; Charming brick facade with strong curb appeal.
