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Property profile & analytics
OFF-MARKET Estimated value $730,000
Retail space

716 Noble Ave Williston, FL 32696-1516

10,000 SF 1.7 ac lot Built 1983
Individually Owned Free & Clear
Property ID
US18-4609388
Property summary
AI-generated overview

This exceptional commercial property, located at 716 W Noble Avenue in Williston, Florida, presents a unique investment opportunity. The 1.7-acre lot boasts a substantial 9,888 square foot building, formerly a True Value hardware store. Approximately 5,960 square feet of the main building remains, with roughly 60% of the original inventory still on-site. This presents a significant advantage for a buyer looking to quickly establish a business or repurpose the existing stock. In addition to the main building, there is a secondary structure on the property measuring approximately 1200-1300 square feet, offering versatile space for storage, office use, or expansion. The property enjoys a highly visible location directly on US Highway 27, benefiting from significant daily traffic. This prime location is further enhanced by its proximity to recently established retail giants including Wawa, Popeyes, Wendy's, and Tractor Supply, creating a strong synergy and attracting a substantial customer base. The asking price for this exceptional property is $1,200,000. This represents a compelling opportunity to acquire a well-situated commercial property with significant potential for immediate return on investment. The existing infrastructure and inventory provide a solid foundation for a variety of business ventures.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1983
Construction STEEL FRAME
Total area 10,000 SF
Lot 1.7 ac (74,052 SF)
APN 433000100
UPID US18-4609388
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$729k
Blend (final) Blend
$730k
Owner & transaction history
MICHAEL PESSO
MICHAEL PESSO
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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