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    Versatile Commercial Building in Bronson, FL Title is generated by Realmo AI

    570 N Hathaway Ave, Bronson, FL 32621

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    Claim this Listing
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    For Sale
    $299,000

    COMMERCIAL - Bronson, FL

    Property size:
    2,000 SF
    Lot size:
    0.57 Acres
    Price / SF:
    $149/SF
    Added:
    May 27, 2026
    Days on Market:
    2
    Last Refresh:
    May 28 at 5:06 pm

    Property Features for 570 N Hathaway Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    0329500000
    Size
    2,000 SF
    Lot size
    0.57 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    07-12-17 0000.57 ACRES TRACT IN SW1/4 OF SE1/4 DB 81 PAGE 202 & ALL THAT PART OF NE1/4 OF SE1/4 OF SW1/4 LYING NORTHEASTERLY OF SR 500 OR BOOK 1604 PAGE 811-LESS ADD'N R/W OR BOOK 618 PAGE 466-
    Tax Annual Amount
    1150

    Building Details

    Year built
    2004

    We can help!

    Listing Contact
    Randy Wilkerson

    Listing agent Randy Wilkerson License #SL3352261

    Listing office United Country Smith & Associates Trenton 934 E. Wade St., Chiefland, FL

    Listing date May 27, 2026

    MLS# 799295

    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.

    HighLights

    • High‑visibility location on a busy four‑lane highway.
    • Versatile 2,000 sq. ft. metal building suitable for various commercial uses.
    • Two oversized bay doors for easy access and functionality.
    • Convenient rear walk‑thru entrance and front office space with overhead storage.
    • Located next to the Levy County Road Department and across from the new Bronson Fire Department.
    • 0.57‑acre lot offering room for growth and expansion.

    Overview

    Located on a high-visibility four-lane highway in Bronson, this 2,000 sq. ft. metal building offers commercial potential on 0.57 acres. Constructed in 2004, the property provides functionality and flexibility, featuring two oversized bay doors and a rear walk-thru entrance. A front office space includes additional overhead storage. Situated next door to the Levy County Road Department and directly across from the new Bronson Fire Department, the property benefits from traffic exposure on a four-lane highway. This location is suited for various business ventures, including an automotive shop, contractor headquarters, warehouse, retail operation, service business, or investment property. The property offers accessibility, visibility, and room for growth in a developing area of Levy County.

    Financial Insights

    Value Estimation Calculated for Retail

    Conservative
    $235.6K
    NOI $21,206 @ 9.00% cap · cautious / downside scenario
    Moderate
    $302.9K
    NOI $21,206 @ 7.00% cap · market / base-case scenario
    Aggressive
    $424.1K
    NOI $21,206 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    NOI Build-Up
    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.
         Calculated for Retail

    Component $ $/SF
    Gross rent $32.4k $16.20
    − Vacancy −$2.1k −$1.05
    EGI $30.3k $15.15
    − OpEx −$9.1k −$4.54
    NOI $21.2k $10.60
    2,000 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%

    Alternative Use Scenarios

    Best Use
    Retail
    $302.9K
    $265.1K – $353.4K (±1% cap)
    NOI $21,206 @ 7.0% cap · market cap 7.09%
    Second Best
    Flex RnD
    $268.0K
    $234.5K – $312.7K (±1% cap)
    NOI $18,759 @ 7.0% cap · market cap 6.27%
    Theoretical Best
    Office A
    $495.4K
    $433.4K – $577.9K (±1% cap)
    NOI $34,675 @ 7.0% cap · market cap 11.60%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Auto Repair Shop Hair Salon Hotel & Motel Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bronson
    County
    Levy
    State
    Florida
    Longitude
    -82.6478807
    Latitude
    29.4520278

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    FAQs

    What type of property is this?
    Flex space - 2,000 sq. ft. commercial building on 0.57 acres.
    Where is this flex space located?
    The property is located at 570 N Hathaway Ave Bronson, FL.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: High‑visibility location on a busy four‑lane highway.; Versatile 2,000 sq. ft. metal building suitable for various commercial uses.; Two oversized bay doors for easy access and functionality.
    (352) 317-6321
    We can help!
    Listing Contact
    Randy Wilkerson
    Real Estate License ID: SL3352261
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    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
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