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    OFF-MARKET
    Turn key restaurants

    15848 Hwy 19, Chiefland, FL 32626-5676

    1,250 SF 2.27 ac lot Built 1930
    Individually Owned Free & Clear
    Property ID
    US18-3967410
    Property summary
    AI-generated overview

    This exceptional commercial property, situated on 2.27 acres with approximately 660 feet of road frontage along Highway 19 in Chiefland, Florida, presents a multitude of exciting possibilities. The main building, constructed of concrete block, boasts 1,568 square feet and has previously served as a restaurant and other businesses, benefiting from its high-profile location. Three additional solid block buildings, each approximately 740 square feet, are located at the rear of the property and offer substantial storage potential. These structures were formerly used as motel rooms, but prospective buyers should verify permitted uses with Levy County. The property is zoned C-3 (Moderately Intensive Commercial), allowing for a wide range of uses including, but not limited to: auto paint and body shops, mobile home sales/service, RV sales/service, auto/tractor sales/service, bulk storage, and single-family dwellings (mobile homes permitted). All uses permitted in C-1 and C-2 zones are also allowed unless specifically prohibited. Detailed zoning information can be found in the Levy County municipal codes. This prime location and versatile zoning make this property an ideal investment for a variety of commercial ventures. The significant road frontage ensures high visibility and accessibility, making it an attractive option for businesses seeking a strong presence in the Chiefland area.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1930
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 1,250 SF
    Lot 2.27 ac (98,881 SF)
    APN 55200000
    UPID US18-3967410
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Owner & transaction history
    Frank Lopez JR
    Frank Lopez JR
    since 2025
    7 recorded transactions
    2025
    $210,000
    2017
    $75,000
    2013
    $125,000
    2010
    $200,000
    2003
    2000
    $155,000
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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