Established Restaurant Business and Real
For Sale
$1,500,000
2525 N Young Blvd, Chiefland, FL 32626
Thriving restaurant and property in a vibrant Chiefland community.
Property Size9,596 SF
Price / SF$156.32
Days on Market166
Property Features for 2525 N Young Blvd
General Information
Standard status
Active
Size
9,596 SF
Property subtype
Retail
Building Details
Building Size
9,596 SF
Year Built
1950
Listing Agency:
Lee & Associates Gainesville
(352) 281-0996
Listed By:
Brent Line · License #BK3372787
(352) 281-0996
Source:
Lee-associates
Added: Mar 4
Changed: Aug 14
Last Checked: Aug 17 at 4:29AM
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 Lee & Associates Gainesville
Investment Insights
Based on property information with market context.
The property at 2525 N Young Blvd presents an opportunity to acquire a long-established restaurant business and real estate. The 9,596 square foot building, constructed in 1950, features a restaurant unit and is located within the NZ zoning district. The turnkey restaurant and property are strategically located in the Chiefland area. The location offers access to retail opportunities at the Chiefland Shopping Center and the Chiefland Regional Shopping Center. The area benefits from convenient access to major roadways and a steady flow of local and tourist foot traffic. The well-maintained building and restaurant infrastructure provide a setting for a transition, offering an opportunity to take over a dining establishment and continue its legacy.
Key Highlights
- Thriving, long‑established restaurant business and real estate included in sale.
- Strategically located in the bustling Chiefland area with high foot traffic.
- 9,596 square foot building provides ample space.
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
$114,260
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
7.62%
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%
$2,285,200
$2.3M
Cap Rate 7%
$1,632,286
$1.6M
Cap Rate 9%
$1,269,556
$1.3M
Market Conditions
NOI Build-Up for 9,596 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
$161.2K $16.80/SF
− Vacancy
−$8.9K −$0.92/SF
EGI
$152.3K $15.88/SF
− OpEx
−$38.1K −$3.97/SF
NOI
$114.3K $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 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%
$2,285,200
Cap Rate 7%
$1,632,286
Cap Rate 9%
$1,269,556
Alternative Uses
Best Use
Specialty Retail
$1.63M
$1.43M – $1.90M
NOI $114,260 @ 7.0% cap · market cap 7.62%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.38M
$2.08M – $2.77M
NOI $166,372 @ 7.0% cap · market cap 11.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
352
Businesses Nearby
213k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 32%
Shops & Services 19%
Dining 18%
Apparel 11%
Walmart
Superstores
69,001 visits/mo
0.3 miles
Bealls
Apparel
21,281 visits/mo
0.1 miles
Winn-Dixie
Groceries
20,187 visits/mo
0.0 miles
Tractor Supply Co.
Home Improvements & Furnishings
16,400 visits/mo
0.1 miles
Burger King
Dining
16,216 visits/mo
0.2 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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Restaurant - Thriving restaurant and property in a vibrant Chiefland community.
Where is this restaurant located?
The property is located at 2525 N Young Blvd Chiefland, FL.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Thriving, long‑established restaurant business and real estate included in sale.; Strategically located in the bustling Chiefland area with high foot traffic.; 9,596 square foot building provides ample space.
