Drive-Thru Restaurant with Commercial
New
For Sale
$799,000
1708 N YOUNG BOULEVARD, Chiefland, FL 32626
Existing kitchen improvements, customer seating, and a dedicated vehicle lane support quick-service restaurant operations.
Property Size1,882 SF
Lot Size0.82 Acres
Price / SF$424.55
Days on Market4
Property Features for 1708 N YOUNG BOULEVARD
General Information
Standard status
Active
Size
1,882 SF
Total Parking Spaces
12
Lot size
0.82 Acres
Property subtype
Restaurant
Site & Location
Frontage
182 ft
Drive-Thru
Yes
Pylon Signage
Yes
Traffic Count
12,600 vehicles/day
Highway Access
Yes
Road Access
Yes
Restaurant
Seating Capacity
14
Commercial Hood
Yes
Equipment Included
No
Amenities
0.82 acres, Dimensions: 185X280, Wooded
Shingle
Additional parcels description:, Parcel Number: 07301-000-00, Public Survey Range: 14E, Public Survey Section: 25, Annual Amount: $7,795.14, Tax Block: 33, Tax Book Number: 2-76, Legal Description: 25-11-14 HARDEETOWN ANNEX LOTS 3 4 5 & 15 OR BOOK 1419 PAGE 148, Lot: 3, Year: 2025
Slate
Central Air
Listing ID: MFROM734440, Standard Status: Active, MLS Status: Active, Property Subtype: Restaurant, On market as of 2026-10-21, Special Conditions: None
Common
Built in 2011, Living area: 1280, Living area units: Square Feet, Building faces North, Construction Materials: Block, Brick
Subdivision: HARDEETOWN ANX, MLS Area (Major): 32626 - Chiefland, County/Parish: Levy
Public
Slab
Frontage Type: City Street, Road Responsibility: Public Maintained Road, Road Surface: Paved
Building Details
Year Built
2011
Construction
concrete block and stucco
Listing Agency:
CENTURY 21 J.W.MORTON R.E.
(352) 726-6668
Listed By:
Elias Kirallah · License #3123414
(352) 400-2635
Source:
Miharaandassociates
Added: Oct 21
Changed: Oct 23
Last Checked: Oct 23 at 4:04PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 J.W.MORTON R.E.
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Investment Insights
Based on property information with market context.
Built in 2011, this drive-thru restaurant has 1,280 square feet of conditioned space and 1,882 square feet under roof on 0.82 acres. The concrete-block and stucco building includes a roughly 646-square-foot commercial kitchen with ceramic tile walls, quarry tile flooring, floor drains, a stainless steel hood with fire suppression, and a built-in walk-in cooler. The dining and service area has booth seating for 14, an ordering counter, a drive-thru window, a rear delivery and employee entrance, and an ADA restroom. Freestanding cooking and movable restaurant equipment are excluded; built-in improvements and hood systems remain.
The site fronts US Highway 19 for 182 feet and records 12,600 AADT. Access connects through NW 11th Drive, and the property has 12 parking spaces. Exterior features include a single-lane drive-thru, digital menu board, vehicle stacking area, illuminated pylon sign, and a covered canopy of approximately 560 square feet. Nonrestaurant drive-thru uses may be considered subject to zoning and applicable approvals.
The site fronts US Highway 19 for 182 feet and records 12,600 AADT. Access connects through NW 11th Drive, and the property has 12 parking spaces. Exterior features include a single-lane drive-thru, digital menu board, vehicle stacking area, illuminated pylon sign, and a covered canopy of approximately 560 square feet. Nonrestaurant drive-thru uses may be considered subject to zoning and applicable approvals.
Key Highlights
- 1,280 SF conditioned; 1,882 SF under roof on 0.82 acres
- 182' of frontage on US 19, with 12,600 AADT
- Built in 2011; concrete‑block and stucco construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,409
Cap Rate
2.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$448,180
$448.2K
Cap Rate 7%
$320,129
$320.1K
Cap Rate 9%
$248,989
$249.0K
Market Conditions
NOI Build-Up for 1,882 SF
Gross rent
$31.6K $16.80/SF
− Vacancy
−$1.7K −$0.92/SF
EGI
$29.9K $15.88/SF
− OpEx
−$7.5K −$3.97/SF
NOI
$22.4K $11.91/SF
Area
Levy County, FL
Vacancy
5.50%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$448,180
Cap Rate 7%
$320,129
Cap Rate 9%
$248,989
Alternative Uses
Best Use
Specialty Retail
$320.1K
$280.1K – $373.5K
NOI $22,409 @ 7.0% cap · market cap 2.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$466.1K
$407.9K – $543.8K
NOI $32,629 @ 7.0% cap · market cap 4.08%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
12,600 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Yes
Commercial hood
Location Intelligence
Trade Area within ½ mile
426
Businesses Nearby
260k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 27%
Dining 27%
Shops & Services 21%
Apparel 9%
Walmart
Superstores
69,001 visits/mo
0.4 miles
McDonald's
Dining
23,550 visits/mo
0.3 miles
Bealls
Apparel
21,281 visits/mo
0.5 miles
Winn-Dixie
Groceries
20,187 visits/mo
0.4 miles
Tractor Supply Co.
Home Improvements & Furnishings
16,400 visits/mo
0.3 miles
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
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Drive through restaurant - Existing kitchen improvements, customer seating, and a dedicated vehicle lane support quick-service restaurant operations.
Where is this drive through restaurant located?
The property is located at 1708 N YOUNG BOULEVARD Chiefland, FL.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 1,280 SF conditioned; 1,882 SF under roof on 0.82 acres; 182' of frontage on US 19, with 12,600 AADT; Built in 2011; concrete‑block and stucco construction
