Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    NW 70Th Cir Chiefland, FL 32626

    Sponsored
    For Sale
    $35,000

    LAND - Chiefland, FL

    Lot size:
    1.00 Acre
    Days on Market:
    352
    Last Refresh:
    Jan 21 at 12:06 pm

    Property Features for NW 70Th Cir

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    RR
    APN
    2123900000
    Lot size
    1.00 Acre

    Utilities

    Utilities
    Cable Available
    Sewer type
    Septic Tank
    Water source
    Well

    We can help!

    Listing Contact
    Nancy L Zubler Turner

    EXP Realty LLC (888) 883-8509 [email protected]

    Listing agent Nancy L Zubler Turner (888) 883-8509 License #3440426

    Listing date Feb 4, 2025

    MLS# 2251301 Listing URL

    Copyright © 2026 Hernando County Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Chiefland, FL Acre Lot

    This one-acre lot is located in Buck Bay, a deed-restricted, homes-only subdivision. The neighborhood features lovely homes and has an HOA fee of $100 per year. The property is adorned with oaks, palms, pines, and various other trees. Situated just outside the city limits of Chiefland, it offers country living with convenient access to shopping and restaurants.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Chiefland
    County
    Levy
    State
    Florida
    Longitude
    -82.890242
    Latitude
    29.490771

    Nearby Similar for Sale

    • $529,900
      0.32 Acres

      Highway Frontage Commercial Building

      Versatile commercial building with showroom and warehouse space.
      103 N Main St, Chiefland, FL 32626
      View Details
    • $2,400,000
      19,000 SF

      Chiefland Wood Truss Plant Opportunity

      Wood truss plant on 2.5+ acres in Chiefland, Florida.
      6760 NW 138Th Pl, 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
    • $650,000
      7,302 SF

      Established Retail Outlet For Sale

      Turn-key retail business opportunity in Fanning Springs, Florida.
      17452 Highway 19, Chiefland, FL 32626
      View Details
    • $350,000
      1,448 SF

      Chiefland Commercial Property on Highway

      Commercial property with office and shop on 1.92 acres.
      1401 S Main St, Chiefland, FL 32626
      View Details
    • $299,900

      Chiefland Commercial Land - 7.7 Acres

      High-traffic location, prime development opportunity.
      1473 23Rd Ave, Chiefland, FL 32626
      View Details
    • $249,000
      1,568 SF

      Chiefland Commercial Property - Hwy 19

      High-visibility commercial building, 2.27 acres.
      15848 Highway 19, Chiefland, FL 32626
      View Details
    • $750,000
      3,762 SF

      Chiefland Medical Office - For Sale

      Turnkey Medical Office, .45 Acres, 13 Exam Rooms
      1415 23Rd Ave, Chiefland, FL 32626
      View Details
    • $5,200,000
      48,719 SF

      Chiefland Retail Plaza - Prime Location

      Fully Leased Shopping Center, High Visibility
      2202 Young Blvd, Chiefland, FL 32626
      View Details
    • $2,300,000
      15,324 SF

      Chiefland Retail Building For Sale

      15,324 SF Retail Space, High Visibility
      1480 25Th Ave, Chiefland, FL 32626
      View Details
    • $49,900
      784 SF

      Prime Chiefland Commercial Space

      784 SF Retail/Office, $49,900
      4 Main St, Chiefland, FL 32626
      View Details
    • $350,000
      672 SF

      Chiefland Office Building - Hwy 19

      Turnkey Executive Office, 4.2 Acres
      14621 Highway 19, Chiefland, FL 32626
      View Details

    FAQs

    What type of property is this?
    Land - One acre lot in deed restricted, homes-only subdivision.
    Where is this land located?
    The property is located at NW 70Th Cir Chiefland, FL.
    What is the asking price?
    The asking price for this property is $35,000.
    What are key features of this property?
    This property features: - One acre lot in a homes-only subdivision.; - Deed restricted neighborhood.; - Low HOA fees ($100/year).
    (352) 584-2020
    Request Owner's contact information
    NW 70Th Cir Chiefland, FL 32626
    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.
    NW 70Th Cir
    Chiefland, FL 32626
    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
    NW 70Th Cir Chiefland, FL 32626
    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

    We can help!
    Listing Contact
    Nancy L Zubler Turner
    Real Estate License ID: BK3440426
    (352) 584-2020
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.