Climate-Controlled Flex
535 SE State Rd 26, Trenton, FL 32693
For Sale
$1,100,000
Commercial Sale, Trenton, FL
Property Size4,000 SF
Lot Size3.21 Acres
Price / SF$275
Days on Market213
Property Features for 535 SE State Rd 26
General Information
Property type
Property subtype
Lot features
Directions
Subdivision
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Building Details
Year built
Listing Agency:
United Country Smith & Associates Trenton
(352) 463-7770
Listed By:
Brad Smith · License FL #550985
(352) 221-5256
Added: Apr 14
Changed: Oct 17
Last Checked: Nov 12 at 2:06PM
MLS# 799023
Copyright © 2026 Dixie-Gilchrist-Levy Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This flex-space property includes a 4,000-square-foot commercial building completed in 2018. The structure is fully climate-controlled, heavily insulated, and equipped with an oversized HVAC system, office space, and separate men’s and women’s restrooms. The property is currently occupied by tenants, and the building is suited to combined office and commercial operations.
The 3.21-acre site fronts State Road 26 in Trenton and includes a large parking area, a DOT-approved entrance, retention pond, drainage systems, cleared land, and utility infrastructure. A DOH-approved well is also in place. The rear portion provides additional area for expansion or future site development, subject to applicable approvals.
The 3.21-acre site fronts State Road 26 in Trenton and includes a large parking area, a DOT-approved entrance, retention pond, drainage systems, cleared land, and utility infrastructure. A DOH-approved well is also in place. The rear portion provides additional area for expansion or future site development, subject to applicable approvals.
Key Highlights
- 4,000 square feet of commercial flex space
- 3.21‑acre site directly off State Road 26
- Built in 2018 with full climate control and heavy insulation
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,896
Cap Rate
4.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$997,920
$997.9K
Cap Rate 7%
$712,800
$712.8K
Cap Rate 9%
$554,400
$554.4K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$79.2K $19.80/SF
− Vacancy
−$12.7K −$3.17/SF
EGI
$66.5K $16.63/SF
− OpEx
−$16.6K −$4.16/SF
NOI
$49.9K $12.47/SF
Area
Gilchrist County, FL
Vacancy
16.00%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$997,920
Cap Rate 7%
$712,800
Cap Rate 9%
$554,400
Alternative Uses
Best Use
Office B
$712.8K
$623.7K – $831.6K
NOI $49,896 @ 7.0% cap · market cap 4.54%
Second Best
Flex RnD
$536.0K
$469.0K – $625.3K
NOI $37,518 @ 7.0% cap · market cap 3.41%
Theoretical Best
Office A
$990.7K
$866.9K – $1.16M
NOI $69,350 @ 7.0% cap · market cap 6.30%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
65
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32693, FL
12,815
Population
4,908
Households
2.6
Avg Household Size
42
Median Age
16%
College-Educated
87%
High-School Grad
200.7 sq mi
ZIP Area
64
Density / Sq Mi
$64,128
Median Household Income
$36,361
Median Earnings
$919
Median Rent
$182,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Flex space - Improved commercial property with office space, dedicated restrooms, and substantial site infrastructure.
Where is this flex space located?
The property is located at 535 SE State Rd 26 Trenton, FL.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 4,000 square feet of commercial flex space; 3.21‑acre site directly off State Road 26; Built in 2018 with full climate control and heavy insulation
