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    Property profile & analytics

    408 Main St Trenton, FL 32693-3442

    • Turn key restaurants
    • 3,678 SF
    • 0.39 lot acres
    OFF-MARKET
    Value Estimation
    $280,000
    Last Sale
    Jun 23, 2025
    $325,000
    Location Intelligence
    Property ID
    US18-5922953
    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.

    Current Use by Public Records

    • Cracker Shack / Association / Organization / Restaurant
    • Cherry's Restaurant / Traditional American Restaurant

    Property Details for 408 Main St

    Year built
    1968
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.39 lot acres
    Property size
    3,678 SF
    Property type
    Turn key restaurants
    APN
    16-10-15-0048-0011-0040
    APU
    161015004800110040

    Description

    This exceptional turnkey opportunity encompasses a thriving, family-owned restaurant and its accompanying building, ideally situated on Main Street in the rapidly expanding town of Trenton, Florida. Boasting 4,958 square feet on a 0.39-acre lot, this property enjoys a prime location with a daily traffic count of 20,000 vehicles on Main Street and Highway 26—a 15% increase from 2022. The restaurant, currently operational and profitable, has established itself as a destination for locals and visitors alike, offering a blend of dining, entertainment, and celebration options. Features include a charming front porch, spacious foyer, office, large dry storage, restrooms, a well-equipped kitchen and prep area, ample indoor and outdoor seating, and a large outdoor bar with covered patio—perfect for live music. A drive-thru option is also available. The sale includes stainless steel kitchen equipment, furniture, and fixtures (excluding personal items), and a SRX liquor license will convey with a qualified buyer. Abundant parking is available on-site and in nearby lots. This property presents a remarkable investment opportunity in a growing area, conveniently located 30 miles from Gainesville, 15 minutes from the Suwannee River, and 35 minutes from the Gulf of Mexico. Seller financing and lease options are available.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $255,000

    • CAP approach

      CAP return
      Estimation
      6%
      $275,000
      6.5%
      $295,000
      7%
      $270,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $340,000
      Geo Method
      $280,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $320,000
      Retail
      $280,000
      Mixed-Use
      $310,000
      Hospitality
      $335,000
      Educational
      $335,000
      Residential Income
      $265,000
      Energy
      $355,000
      Income-Based Land
      $310,000
      Food Service
      $305,000

    Location Insight

    • Map
    • Local Demand
    City
    Trenton
    County
    Gilchrist
    State
    Florida
    Longitude
    -82.8179
    Latitude
    29.6156
    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
    $4,296
    $44,880
    $169,737
    $214,617
    -
    $44,880
    $169,737
    $214,617

    Comparable in this City

    • Value Estimation
      $195,000
      2,504 SF

      222 1st Ave

      RESTAURANT • 2,504 SF
      222 1st Ave, Trenton, FL 32693-4275
      View Details
    • Value Estimation
      $240,000
      3,100 SF

      517 Main St

      RESTAURANT • 3,100 SF
      517 Main St, Trenton, FL 32693-3423
      View Details
    • Value Estimation
      $255,000
      2,179 SF

      7440 Us Hwy 19

      RESTAURANT • 2,179 SF
      7440 Us Hwy 19, Fanning Springs, FL 32693-9546
      View Details
    • Value Estimation
      $230,000
      6,292 SF

      7600 Us Hwy 19

      RESTAURANT • 6,292 SF
      7600 Us Hwy 19, Fanning Springs, FL 32693-9548
      View Details
    • Value Estimation
      $210,000
      1,968 SF

      203 1st St

      RESTAURANT • 1,968 SF
      203 1st St, Trenton, FL 32693-3421
      View Details
    • Value Estimation
      $215,000
      4,842 SF

      115 1st St

      RESTAURANT • 4,842 SF
      115 1st St, Trenton, FL 32693-3415
      View Details

    Similar Nearby for Sale

    • $400,000
      5,049 SF

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    • $400,000
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    • $400,000
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      Turnkey Restaurant on High Visibility Corner

      Turnkey restaurant on 1.3 acres with high visibility.
      17751 NW Us Highway 19, Trenton, FL 32693
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    • $400,000
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      Turnkey Restaurant on High Visibility Corner

      Turnkey restaurant on 1.3 acres with high visibility.
      17751 NW Us 19, Fanning Springs, FL 32693
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    • $379,000
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      Trenton, FL Multi-Use Property

      Turnkey Business, High Traffic Area
      503 Wade St, Trenton, FL 32693
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    • $125,000
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      Residential and Commercial Land Opportunity

      2.5-acre residential lot with adjacent commercial potential in Fanning Springs.
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      View Details
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    408 Main St
    Trenton, FL 32693-3442
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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