Manufacturing Facility With Loading
For Sale
$399,995
1606 SW 4TH Place, Chiefland, FL 32626
Commercial Sale, CHIEFLAND, FL
Property Size2,802 SF
Lot Size6.00 Acres
Price / SF$142.75
Days on Market195
Property Features for 1606 SW 4TH Place
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
In Chiefland, from US 19 and SR 345 (Cedar Key HWY) redlight, travel South on US19 approx. 1/2 mile, turn right on SW 14th Ave. As soon as you turn right, there will be a dirt road immediately on left. Turn left on a dirt road(SW 4th place), Property is approximately 400 yds on right.
Subdivision
32626 - Chiefland
Standard status
Active
APN
00892-000-00
Size
2,802 SF
Lot size
6.00 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
01-12-14 0006.00 ACRES TRACT 615 X 440 FT IN NE1/4 OF SE1/4 OR BOOK 1546 PAGE 963 OR BOOK 1611 PAGE 475
Tax Annual Amount
5300
Legal Description
01-12-14 0006.00 ACRES TRACT 615 X 440 FT IN NE1/4 OF SE1/4 OR BOOK 1546 PAGE 963 OR BOOK 1611 PAGE 475
Building Details
Year built
1977
Building materials
Block
Listing Agency:
PEOPLE'S CHOICE REALTY SVC LLC
(813) 933-0677
Listed By:
Arun Perumpral · License #3064220
(813) 728-1686
Added: Feb 13
Changed: Aug 24
Last Checked: Aug 27 at 2:06PM
MLS# TB8476044
Copyright © 2026 Stellar MLS. 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 manufacturing property occupies 6 acres in Chiefland and was built in 1977 with block construction. The facility includes an office with a dedicated entry, a large open area with concrete flooring, a dining and clock-out area, and a screened section with separate public and business restrooms. A substantial walk-in freezer, steam and pressure area, storage room, and tool room support processing, cleaning, packaging, and equipment maintenance functions.
Five loading docks provide shipping and receiving capacity, while an additional dock supports trash removal. The property also includes a large boiler and water treatment tanks. Located at 1606 SW 4TH Place in Chiefland, Florida, the site combines acreage with specialized industrial improvements and cold-storage infrastructure.
Five loading docks provide shipping and receiving capacity, while an additional dock supports trash removal. The property also includes a large boiler and water treatment tanks. Located at 1606 SW 4TH Place in Chiefland, Florida, the site combines acreage with specialized industrial improvements and cold-storage infrastructure.
Key Highlights
- 6‑acre manufacturing property in Chiefland
- Five total loading docks, including a dedicated trash‑removal dock
- Large walk‑in freezer and steam‑and‑pressure area
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$20,471
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.12%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$409,420
$409.4K
Cap Rate 7%
$292,443
$292.4K
Cap Rate 9%
$227,456
$227.5K
Market Conditions
NOI Build-Up for 2,802 SF
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.
Gross rent
$25.2K $9.00/SF
− Vacancy
−$1.1K −$0.41/SF
EGI
$24.1K $8.59/SF
− OpEx
−$3.6K −$1.29/SF
NOI
$20.5K $7.31/SF
Area
Levy County, FL
Vacancy
4.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$409,420
Cap Rate 7%
$292,443
Cap Rate 9%
$227,456
Alternative Uses
Best Use
Warehouse
$292.4K
$255.9K – $341.2K
NOI $20,471 @ 7.0% cap · market cap 5.12%
Second Best
Industrial
$271.5K
$237.6K – $316.8K
NOI $19,006 @ 7.0% cap · market cap 4.75%
Theoretical Best
Office A
$694.0K
$607.3K – $809.7K
NOI $48,580 @ 7.0% cap · market cap 12.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
5
Dock-high doors
Location Intelligence
Trade Area within ½ mile
30
Businesses Nearby
Explore this area
Business Placement
Demographics for 32626, FL
8,620
Population
4,358
Households
2
Avg Household Size
47
Median Age
13%
College-Educated
89%
High-School Grad
243.6 sq mi
ZIP Area
35
Density / Sq Mi
$49,643
Median Household Income
$34,057
Median Earnings
$844
Median Rent
$160,900
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Block construction, cold-storage capability, production areas, and support rooms serve a range of industrial operations.
Where is this manufacturing property located?
The property is located at 1606 SW 4TH Place Chiefland, FL.
What is the asking price?
The asking price for this property is $399,995.
What are key features of this property?
This property features: 6‑acre manufacturing property in Chiefland; Five total loading docks, including a dedicated trash‑removal dock; Large walk‑in freezer and steam‑and‑pressure area
