20550 NE 42nd Pl - Schools FOR SALE


Williston, FL 32696
$3,399,000 USD
352-420-9889
20550 NE 42nd Pl, Williston, FL for Sale
$3,399,000 USD
Schools - FOR SALE
1/28
null | Request Cap Rate

20550 NE 42nd Pl
Williston, FL 32696


HIGHLIGHTS

  • Existing infrastructure
  • Zoning potential
  • Unique selling points
  • Large acreage with room for growth
  • Solid construction
  • Flexibility in use

OVERVIEW

This unique 20-acre property, formerly Williston Middle School, is located just outside the city limits in Levy County and offers a rare opportunity for redevelopment or institutional use. With eleven buildings totaling approximately 79,468± SF*, the site is well-suited for a variety of public, institutional or commercial applications. The most recent addition to the campus is a nearly 19,000-square-foot cafetorium built in 2007, featuring a fully equipped commercial kitchen with a walk-in refrigerator and freezer, automatic dishwasher and additional amenities. Additionally, a third building, formerly used as a media center and library, offers an expansive open-concept design that could easily be repurposed for a variety of uses. Other auxiliary buildings throughout the property provide flexibility for classrooms, offices, meeting spaces or other functional needs, making this site ideal for an educational facility, training center, community hub or other institutional use. The property is zoned Public & Institutional Facility (PF), with a fallback zoning of Rural Residential/Forestry, providing flexibility for future use. High-speed internet and communication capabilities are supported by fiber optic wiring throughout the site. Environmental due diligence has been completed, including asbestos abatement with a clear assessment report, as well as a Phase 1 environmental report, a recent appraisal and a recent survey. Strategically located just 0.2 miles from US-27, the property offers easy access to major roadways and is conveniently positioned near Gainesville and Ocala, in an area experiencing significant growth. Additionally, the property benefits from lower Levy County taxes, making it an attractive investment. With ample land available, the site also offers room for future expansion or development. *Source: Levy County Property Appraiser

FOR SALE DETAILS

PRICE

$3,399,000 USD

PRICE/SF

$38 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Schools

ADD'L SUBTYPES

Religious Facility

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

20 AC

LAND SF

871,200 SF

ZONING

PI

APN/PARCEL ID

04866-000-00

ASK ABOUT THIS PROPERTY

Daniel DrotosColliersMore Info
352-420-9889

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Daniel DrotosColliersMore Info
352-420-9889

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.