0 5Th St Chiefland, FL 32626
This exceptional 5+ acre mixed-use property presents a remarkable investment opportunity in Chiefland, Florida. Located just a few blocks from the high-traffic US 19, this interior lot boasts a prime location on a paved road with convenient access to city water and sewer services, saving on significant impact fees. The property encompasses a substantial 217,800 square feet and is currently vacant, offering unparalleled flexibility for development. The asking price is $120,000, translating to a price per square foot of $0.55. The property's zoning allows for a variety of commercial uses, including apartment buildings, convenience stores, and grocery stores, making it ideal for a diverse range of projects. Its strategic location and existing infrastructure provide a solid foundation for immediate development or long-term investment potential. The property's two addresses, NW 5th St and SW 5th St, both in Chiefland, Levy County, Florida, zip code 32626, offer multiple development possibilities. This is a rare opportunity to acquire a large, versatile commercial parcel in a growing area. Don't miss this chance to capitalize on the potential of this exceptional property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.