2202 Young Blvd Chiefland, FL 32626
- Super regional malls
- 18,506 SF
- 3.00 lot acres
Current Use by Public Records
- Wonderfully Made Salon / Hair Salon
- Bella nails and spa / Nail Salon
- Subway / Sandwich Shop / Fast Food Restaurant
- Life South Community Blood Center / Blood Donation Center
- Smoke Shop / Tobacco Shop
Property Details for 2202 Young Blvd
- Year built
- 1989
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 3.00 lot acres
- Property size
- 18,506 SF
- Property type
- Super regional malls
- APN
- 006770010A
- APU
- 006770010A
Description
This thriving Chiefland, Florida retail center presents a unique investment opportunity. Anchored by a recently renovated Winn-Dixie (2022), Beall's Outlet, and Tractor Supply, this 140,000 square foot shopping center enjoys a prime location across from a Walmart Supercenter. Serving as a major retail hub for approximately 80,000 residents in North Central Florida, it draws customers from Levy, Gilchrist, and Dixie counties. The center's strategic position on the west side of US Hwy 19/US Hwy 98, north of NW 21st Ave, ensures high visibility and accessibility, enhanced by multiple access points including a traffic signal. Currently at 100% occupancy, two spaces will soon become available: a 2,000 square foot unit and a 750 square foot unit. Furthermore, a 0.44-acre outparcel is also available for purchase. The area boasts significant tourism, with attractions including Southern Leisure RV Resort State Park, Chiefland Golf and Country Club, Three Sisters Springs, and Fanning Springs State Park, contributing to consistent foot traffic and consumer spending. This is an exceptional opportunity to acquire a piece of a well-established and growing retail center in a desirable location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,965,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,030,000
- 6.5%
- $2,045,000
- 7%
- $2,080,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,855,000
- Geo Method
- $2,385,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,355,000
- Retail
- $2,055,000
- Mixed-Use
- $2,405,000
- Hospitality
- $2,125,000
- Educational
- $2,030,000
- Residential Income
- $2,385,000
- Energy
- $2,145,000
- Income-Based Land
- $2,375,000
- Food Service
- $2,110,000
Location Insight
- Map
- Local Demand
- City
- Chiefland
- County
- Levy
- State
- Florida
- Longitude
- -82.8718
- Latitude
- 29.4994
- CBSA code
- 23540
- CBSA name
- GAINESVILLE, FL METROPOLITAN STATISTICAL AREA
