Property profile

315 11th Ave Chiefland, FL 32626

OFF-MARKET
Manufacturing properties
Property ID
US18-2929227
15,805 SF 5 ac lot Built 1970
Entity Owned 6-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

Industrial property located on 5 acres in Chiefland, Florida, comprising four buildings with a combined area of approximately 35,000 square feet and zoned Industrial, I-2, with permitted uses including warehousing, storage yards, cold storage, rail and truck freight terminals, bottling plants, food production, machine shops, chemical plants, junkyards, and planned industrial parks. The site includes approximately two acres of asphalt and concrete paving, a concrete loading dock, and chain-link fencing around the perimeter, with public water and sewer, heavy-duty 3-phase power service, city garbage pickup, and available natural gas. Building 1 (constructed 1983) is a 2,300-square-foot office building on a concrete slab with block and stucco exterior and a shingle roof, featuring a 540-square-foot drive-through canopy, central heat and HVAC, carpet floors, drywall and panel walls, and ceiling tile. Building 2 (built 1975) is a 3,600-square-foot shop and apartment on a concrete slab with block and stucco exterior and a shingle roof, including a 900-square-foot apartment and a 2,400-square-foot upholstery shop, with central heat and HVAC, carpet floors, drywall and panel walls, and ceiling tile. Building 3 (constructed 1975) is a 3,496-square-foot metal industrial building on a concrete slab with a metal roof and exterior, featuring approximately 196 square feet of office space, a 3,496-square-foot canopy, exhaust fans, 14' x 14' roll-up doors, drive-through capability, and a 16' peak ceiling height, along with a boat lift. Building 4 (built 1970; expanded and renovated in 2020) is a 25,875-square-foot metal industrial building on a concrete slab with steel beams, metal roof and exterior, including approximately 2,418 square feet of two-story office space, a 3,624-square-foot side canopy, exhaust fans, a sprinkler system, full air tool piping, an air compressor, an air dryer, 14' x 14' roll-up doors, drive-through capability, and a 16' peak ceiling height, heated by natural gas. The property is located in a Non-Special Flood Hazard Area.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1970
Construction STEEL FRAME
Total area 15,805 SF
Lot 5 ac (217,800 SF)
APN 80000100
UPID US18-2929227

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Production Facility
  • (Bike/Boat/Book/etc) Store

Location

315 11th Ave Chiefland, FL 32626-1148
Chiefland metro Census 970200 GAINESVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$990k

Owner & transaction history

since 2020
Last sale
$650,000
3 recorded transactions
2023
Price N/A
2021
Price N/A
2020
$650,000

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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