Property profile

503 Main St Chiefland, FL 32626

OFF-MARKET
Automotive properties
Property ID
US18-1048205
1,400 SF 0.6 ac lot Built 1957
Individually Owned ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional Chiefland, Florida commercial property, located at 503 Main St, 32626, presents a unique investment opportunity. Boasting 3,368 square feet on a substantial 25,000 square foot lot, this building offers significant potential for a variety of commercial uses. Currently configured as a tire repair shop, complete with specialized machinery, five bays featuring roll-up doors, and three lifts, the property's adaptability is a key asset. The existing layout also includes a convenient office and lobby area. Strategically positioned on US 19, this property benefits from high traffic counts and excellent visibility, enhanced by access from two median turn-ins. Built in 1957, the building provides a solid foundation for a new business venture or expansion. The property's legal description is 36-11-14 USHER HEIGHTS BLK 3 LOTS 2, 3, 6, 7 & 10 OR BOOK 1588 PAGE 438. Don't miss this chance to acquire a prime commercial space in a thriving location. The asking price is $425,000.

Property profile

Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1957
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,400 SF
Lot 0.6 ac (26,136 SF)
APN 740400000
UPID US18-1048205

Cap rate & NOI

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

Location

503 Main St Chiefland, FL 32626-1105
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
$190k

Owner & transaction history

since 2025
Last sale
$410,000
7 recorded transactions
2025
Price N/A
2025
$410,000
2021
$160,100
2018
$100
2011
Price N/A
2010
Price N/A
2005
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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 503 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message