716 Noble AveWilliston, FL 32696

  • Retail space
  • 10,000 SF
For Sale
$1,200,000 View listing

Property Details for 716 Noble Ave

Year built
1983
Construction
STEEL FRAME
Lot size
1.70 AC
Property size (Sq ft)
10,000 SF
Property type
Retail space
APN
433000100
APU
433000100

Description

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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,174,465
    6.5%
    $2,930,276
    7%
    $2,720,970
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,713,852
    Geo Method
    $1,713,852
  • Alternative Use

    Use
    Valuation
    Residential
    $2,471,797
    Hospitality
    $2,264,153
    Educational
    $1,883,748
    Medical
    $1,948,534
    Retail
    $2,930,276

Location Insight

City
Williston
County
Levy
State
Florida
Latitude
29.3869
Longitude
-82.4566
CBSA code
23540
CBSA name
GAINESVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,367
-
-
$333,732
-
$107,440
$226,292
$333,732

FAQs

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