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Established Commercial Property in Chiefland

1411 NW 23rd Ave Chiefland, FL 32626

Claim this Listing
For Sale
$450,000

COMMERCIAL - Chiefland, FL

Property size:
4,264 SF
Lot size:
0.45 Acres
Price / SF:
$105.53/SF
Added:
Sep 15, 2025
Days on Market:
303
Last Refresh:
Jul 14 at 3:06 am

Property Features for 1411 NW 23rd Ave

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
APN
0071500100
Size
4,264 SF
Lot size
0.45 Acres

Taxes and HOA fees

Tax Year
2024
Tax Description
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-
Tax Annual Amount
5036

Building Details

Year built
2004

Listing agent Brad Smith License #550985

Listing office United Country Smith & Associates Trenton 934 E. Wade St., Chiefland, FL

Listing date Sep 15, 2025

MLS# 795691

Copyright © 2026 Dixie-Gilchrist-Levy Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This commercial property is located in Chiefland, Florida, and features an established business. The property occupies nearly half an acre and includes a paved parking lot that accommodates four vehicles. The office space comprises a large waiting room, seven offices, and a kitchenette. At the rear of the office is a shop suitable for manufacturing and storage. The property benefits from its location among numerous thriving businesses and convenient access from Highway 19, providing exposure for a new business. The building size is 4,264 square feet and the lot size is 0.45 acres.

Key Highlights

  • Established commercial property in Chiefland, Florida
  • High‑visibility location on well‑traveled Hwy 19
  • Includes a paved 4‑vehicle parking lot

Local Financial Insights For Industrial

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $43.5k $10.20
− Vacancy −$2.2k −$0.51
EGI $41.3k $9.69
− OpEx −$12.4k −$2.91
NOI $28.9k $6.78
4,264 SF · lease $10.20/SF/yr · vacancy 5.00% · expense 30.00%

Alternative Uses

Best Use
Office B
$759.8K
$664.9K – $886.5K (±1% cap)
NOI $53,189 @ 7.0% cap · market cap 11.82%
Second Best
Industrial
$413.2K
$361.5K – $482.1K (±1% cap)
NOI $28,923 @ 7.0% cap · market cap 6.43%
Theoretical Best
Office A
$1.06M
$924.1K – $1.23M (±1% cap)
NOI $73,928 @ 7.0% cap · market cap 16.43%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Tri-County Orthotic Prosthetic ... Orthotics & Prosthetics Service Dr.Charles F. Luckhardt ... Orthotics & Prosthetics Service

Suggested Use

HVAC Service Locksmith (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Computer & Electronic Repair Electrical Service Barber Shop Home Appliance Store (Bike/Boat/Book/etc) Store Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office units - Established business property with office and manufacturing space for sale.
Where is this office units located?
The property is located at 1411 NW 23rd Ave Chiefland, FL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Established commercial property in Chiefland, Florida; High‑visibility location on well‑traveled Hwy 19; Includes a paved 4‑vehicle parking lot
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