1411 23Rd AveChiefland, FL 32626

Property Details for 1411 23Rd Ave

Year built

2004

Construction

STEEL FRAME

Lot size

0.45 AC

Property size (Sq ft)

2,700 SF

Property type

Office properties

Property subtype

Office buildings

APN

71500100

APU

71500100

Description

This exceptional commercial property, located at 1411 23rd Ave in Chiefland, Florida (zip code 32626), offers a unique blend of office and industrial space, ideal for a variety of businesses. Built in 2004, the 4,264 square foot building sits on approximately 0.45 acres and includes a paved parking lot accommodating four vehicles. The office area features a spacious waiting room, seven individual offices, and a convenient kitchenette. A large shop area at the rear of the building provides ample space for manufacturing, storage, or other industrial uses. The property's location offers excellent visibility and accessibility, situated amongst other thriving businesses and conveniently located near Highway 19, ensuring high exposure for your enterprise. This versatile property presents a compelling opportunity for businesses seeking a combination of office and industrial space in a desirable Florida location. The legal description is 26-11-14 0000.45 ACRES TRACT IN NE1/4 OF NE1/4 OF NE1/4 OR BOOK 1207 PAGE 578 -LESS RD R/W-. The asking price for this established business is $500,000.

• CAP approach

  CAP return

  Valuation

  6%

  $583,065

  6.5%

  $538,214

  7%

  $499,770

• Comparable approach

  Method

  Valuation

  Relative Method

  $183,627

  Geo Method

  $183,627

• Alternative Use

  Use

  Valuation

  Residential

  $667,385

  Hospitality

  $611,321

  Educational

  $508,612

  Medical

  $526,104

  Retail

  $791,174

Location Insight

City

Chiefland

County

Levy

State

Florida

Latitude

29.5035

Longitude

-82.8735

CBSA code

23540

CBSA name

GAINESVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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