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15848 Hwy 19 Chiefland, FL 32626-5676

OFF-MARKET Turn key restaurants Google Maps
1,250 SF 2.27 ac lot Built 1930
Individually Owned 1-yr Hold Free & Clear
Estimated value (blended)
$105k
Range $95k – $116k (±10%)
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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$105k

Owner & transaction history

since 2025
7 recorded transactions
2025
$210,000
2017
$75,000
2013
$125,000
2010
$200,000
2003
Price N/A
2000
$155,000
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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