Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    14621 Highway 19 Chiefland, FL 32626

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Turnkey Executive Office, 4.2 Acres

    Property size:
    672 SF

    Property Features for 14621 Highway 19

    General Information

    Property type
    Retail properties
    Square Feet
    672 SF

    Building Details

    Year Built
    1992

    We can help!

    Listing Contact
    Brad Smith
    Brad Smith

    Listing Agency: Smith & Lancaster Inc DBA United Country Smith & Associates Listing Agent: Brad Smith

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional commercial property in Chiefland, Florida, presents a unique investment opportunity. Located at 14621 Hwy 19, this 672 square foot executive office building, constructed in 1992, sits on a substantial 4.2-acre lot boasting 350 feet of highway frontage and two convenient driveways. The property's prime location ensures high visibility and accessibility, situated just 3.25 miles from the city of Chiefland and along a heavily trafficked highway. The existing office building is ready for immediate occupancy, offering a true turnkey solution for businesses seeking a well-established space. Adding to its appeal, the property includes an additional buildable lot complete with a well and septic system, providing ample space for expansion or the development of a secondary business. A median cut ensures easy access. The property's multiple legal descriptions are available via the Levy County Property Appraisers Website. Priced at $350,000, this property offers significant potential for growth and return on investment. Don't miss this chance to acquire a highly visible and versatile commercial property in a thriving location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Big Box & Wholesale Store Auto Repair Shop Hotel & Motel Auto Parts Store Kitchen & Bath Showroom Storage Facility Cafe & Coffee Shop (Bike/Boat/Book/etc) Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Chiefland
    County
    Levy
    State
    Florida
    Longitude
    -82.8943212
    Latitude
    29.5423068

    Nearby Similar for Sale

    • $509,000
      5,636 SF

      Highway Frontage Commercial Building

      Versatile commercial building with showroom and warehouse space on Highway.
      103 N Main St, Chiefland, FL 32626
      View Details
    • $2,400,000
      19,000 SF

      Chiefland Wood Truss Plant Opportunity

      Wood truss plant on 2.5+ acres in Chiefland, Florida.
      6760 NW 138Th Pl, Chiefland, FL 32626
      View Details
    • $450,000
      4,264 SF

      Chiefland Commercial Property For Sale

      Established commercial property with office and manufacturing space in Chiefland, Florida.
      1411 23Rd Ave, Chiefland, FL 32626
      View Details
    • $650,000
      7,302 SF

      Established Retail Outlet For Sale

      Turn-key retail business opportunity in Fanning Springs, Florida.
      17452 Highway 19, Chiefland, FL 32626
      View Details
    • New
      $399,995
      2,802 SF

      Industrial Property on 6 Acres

      Industrial property featuring 8000+ sqft building on 6 acres.
      1606 SW 4Th Pl, Chiefland, FL 32626
      View Details
    • $2,400,000

      Wood Truss Plant on 2.5+ Acres

      Wood truss plant on over 2.5 acres in Florida.
      6760 Nw 138Th Pl, Chiefland, FL 32626
      View Details
    • Contact for pricing
      1,448 SF

      Chiefland Commercial Property on Highway

      Commercial property with office and shop on 1.92 acres.
      1401 S Main St, Chiefland, FL 32626
      View Details
    • $299,900

      Chiefland Commercial Land - 7.7 Acres

      High-traffic location, prime development opportunity.
      1473 23Rd Ave, Chiefland, FL 32626
      View Details
    • $249,000
      1,568 SF

      Chiefland Commercial Property - Hwy 19

      High-visibility commercial building, 2.27 acres.
      15848 Highway 19, Chiefland, FL 32626
      View Details
    • $750,000
      3,762 SF

      Chiefland Medical Office - For Sale

      Turnkey Medical Office, .45 Acres, 13 Exam Rooms
      1415 23Rd Ave, Chiefland, FL 32626
      View Details
    • $5,200,000
      48,719 SF

      Chiefland Retail Plaza - Prime Location

      Fully Leased Shopping Center, High Visibility
      2202 Young Blvd, Chiefland, FL 32626
      View Details
    • $2,300,000
      15,324 SF

      Chiefland Retail Building For Sale

      15,324 SF Retail Space, High Visibility
      1480 25Th Ave, Chiefland, FL 32626
      View Details

    FAQs

    What type of property is this?
    Retail property - Turnkey Executive Office, 4.2 Acres
    Where is this retail property located?
    The property is located at 14621 Highway 19 Chiefland, FL.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: 672 sq ft executive office building on a 4.2-acre lot in Chiefland, FL.; Located at 14621 Hwy 19 with 350 ft of highway frontage and two driveways.; High visibility and accessibility, 3.25 miles from Chiefland.
    (352) 221-5256 Call to check price and availability
    Request Owner's contact information
    14621 Highway 19 Chiefland, FL 32626
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    14621 Highway 19
    Chiefland, FL 32626
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    14621 Highway 19 Chiefland, FL 32626
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Brad Smith
    Brad Smith
    Real Estate License ID: 550985
    (352) 221-5256 (352) 463-7770 (352) 221-5257
    Learn more
    Google sign-in failed. Please try again or use another login method.