2197 Nw 11Th Dr Chiefland, FL 32626
Property profile & analytics
2197 Nw 11Th Dr Chiefland, FL 32626
- Community centers
- 17,445 SF
- 7.13 lot acres
Property ID
US18-4861279
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Hibbett Sports / Clothing & Fashion Store / (Bike/Boat/Book/etc) Store
Property Details for 2197 Nw 11Th Dr
- Year built
- 1997
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 7.13 lot acres
- Property size
- 17,445 SF
- Property type
- Community centers
- Property subtype
- Shopping centers
- APN
- 733600000
- APU
- 733600000
Description
This fee-simple, 26,735 square foot shopping center and storefront property in Chiefland, Florida, presents a compelling investment opportunity. Boasting 13 units with 77% occupancy and a Net Operating Income (NOI) of $354,150, this property offers an 8.64% cap rate at an asking price of $4,100,000. Built in 1996 on an 8.83-acre lot, the center benefits from its strategic location on Young Boulevard, a high-traffic retail corridor with approximately 20,000 vehicles passing daily. The property's prime location is further enhanced by its proximity to a large, well-occupied 55+ RV resort, providing a consistent customer base. This Walmart shadow-anchored center enjoys the spillover traffic from a nearby Walmart Supercenter and is situated in a strong retail environment alongside other established businesses including Winn Dixie, Walgreens, CVS, Dunkin', Burger King, Taco Bell, and SunState Federal Credit Union. The property is a single building, offering a multi-tenant net lease investment opportunity. This is a rare chance to acquire a well-positioned retail center in a thriving area serving Levy, Dixie, and Gilchrist counties. The property's strong tenant base and high visibility make it an attractive investment for those seeking a stable, income-producing asset.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Chiefland
- County
- Levy
- State
- Florida
- Longitude
- -82.8679
- Latitude
- 29.5005
- CBSA code
- 23540
- CBSA name
- GAINESVILLE, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$55,158
$0.00
$0.00
$2,166,789
-
$473,060
$1,693,729
$2,166,789
