Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Chiefland Buildable Lot Opportunity Title is generated by Realmo AI

    9897 NW 56TH Place, Chiefland, FL 32626

    View on Map
    Claim this Listing
    Pending
    Contact for pricing

    LAND - Chiefland, FL

    Lot size:
    0.18 Acres
    Added:
    Dec 21, 2023
    Days on Market:
    874
    Last Refresh:
    May 13 at 1:06 am

    Property Features for 9897 NW 56TH Place

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    APN
    0109752900
    Lot size
    0.18 Acres

    Utilities

    Utilities
    Electricity Available

    We can help!

    Listing Contact
    FRED DURLACHER

    Listing agent FRED DURLACHER

    Listing office ALL REAL ESTATE OPTIONS INC 13475 Atlantic Blvd Unit 8, Suite M859, Orange Park, FL

    Listing date Dec 21, 2023

    MLS# 2000588 Listing URL

    Copyright © 2026 realMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Buildable lot in desirable Chiefland, a great vacation destination.
    • Merged lots (13 & 14) provide a spacious 80' x 100' building area.
    • Enjoy the proximity to attractions like the Suwannee River, State Parks, Springs and Caverns, and great fishing spots.
    • Street frontage on a cleared (but unpaved) road.
    • Nicely treed lot offering flexible landscaping options.
    • Electricity available.

    Overview

    This property presents an opportunity to acquire a buildable lot in Chiefland, Florida, a town known for its attractions, including the Suwannee River, state parks, springs, and caverns. The lot, created by merging lots 13 and 14, measures 80 feet by 100 feet and features street frontage on a cleared but unpaved road. The treed lot allows for selective clearing based on preference. The property is located in Levy County, with the postal code 32626.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Chiefland
    County
    Levy
    State
    Florida
    Longitude
    -82.937572
    Latitude
    29.412009

    Nearby Similar for Sale

    • $494,900
      5,636 SF

      Highway Frontage Commercial Building

      Versatile commercial building with showroom and warehouse space.
      103 N Main Street, Chiefland, FL 32626
      View Details
    • $132,500
      891 SF

      Highway Frontage Commercial Building

      891 sqft commercial building with high visibility on US 19.
      616 Main St, Chiefland, FL 32626
      View Details
    • $450,000
      4,264 SF

      Chiefland Commercial Property For Sale

      Established commercial property with office and manufacturing space in Chiefland, Florida.
      1411 23rd Ave, Chiefland, FL 32626
      View Details
    • $399,995
      2,802 SF

      Industrial Property on 6 Acres

      Industrial property featuring 8000+ sqft building on 6 acres.
      1606 SW 4TH PLACE, CHIEFLAND, FL 32626
      View Details
    • $389,000
      2,108 SF

      New Duplex Near Town Center

      New construction duplex with modern finishes near schools and amenities.
      91-93 NW 8TH STREET, CHIEFLAND, FL 32626
      View Details
    • $359,999

      Chiefland Acreage with Workshop

      9.25-acre property near Chiefland with metal buildings and utilities.
      50th Ave, Chiefland, FL 32626
      View Details
    • $160,000
      1,620 SF

      Chiefland Homestead with Acreage

      Ten-acre homestead near downtown Chiefland with potential.
      7157 NW 120TH STREET, CHIEFLAND, FL 32626
      View Details
    • $299,000

      Chiefland Commercial Land For Sale

      2.41 acre commercial property with highway frontage in Chiefland.
      00 Hwy 19, Chiefland, FL 32626
      View Details
    • $112,500

      Spacious Lot in Chiefland, Florida

      1-acre lot near shopping, dining, and outdoor attractions.
      1416 19th Ave, Chiefland, FL 32626
      View Details
    • $3,750,000

      Prime Commercial Land in Chiefland

      53.8 acres of commercial land with highway frontage in Chiefland.
      Hwy 19, Chiefland, FL 32626
      View Details
    • $119,500

      Commercial Lot in Chiefland, FL

      Oversized commercial lot with existing structure in Chiefland, Florida.
      715 N YOUNG BOULEVARD, CHIEFLAND, FL 32626
      View Details
    • $18,000

      Levy County Buildable Lot

      Affordable vacant land in Chiefland, Florida.
      00 115th St, Chiefland, FL 32626
      View Details

    FAQs

    What type of property is this?
    Land - Buildable lot in Chiefland, near Suwannee River and state parks.
    Where is this land located?
    The property is located at 9897 NW 56TH Place Chiefland, FL.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Buildable lot in desirable Chiefland, a great vacation destination.; Merged lots (13 & 14) provide a spacious 80' x 100' building area.; Enjoy the proximity to attractions like the Suwannee River, State Parks, Springs and Caverns, and great fishing spots.
    (904) 477-2621
    We can help!
    Listing Contact
    FRED DURLACHER
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    9897 NW 56TH Place, Chiefland, FL 32626
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!