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    Property profile & analytics

    503 Wade St Trenton, FL 32693

    • Office buildings
    • 2,124 SF
    • 0.20 lot acres
    For Sale
    View listing
    $379,000
    Value Estimation
    Last Sale
    Mar 25, 2025
    $279,000
    Location Intelligence
    Property ID
    US19-0666337
    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

    • Quality Cleaners & Laundry Services / Dry Cleaner / Laundry Service

    Property Details for 503 Wade St

    Year built
    1965
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.20 lot acres
    Property size
    2,124 SF
    Property type
    Office buildings
    APN
    16-10-15-0048-0060-0000
    APU
    161015004800600000

    Description

    This 2,124 square foot commercial property in Trenton, Florida, presents a unique investment opportunity. Located on busy State Road 26, the property boasts high visibility and easy access, making it an ideal location for a variety of uses. Currently operating as a well-established dry-cleaning business, the sale includes the building, land, and all necessary equipment for seamless continuation of operations. High-quality cleaning and pressing machines are included. The property's versatility allows for diverse uses, including daycare, convenience store, storefront, executive office, or salon/barbershop. Built in 1965, this property offers significant potential for growth and profitability. Detailed financial information for the existing business is available upon request. The legal description includes all of fractional block 60 and a portion of 1st Avenue, situated between the south right-of-way line of ACL Co. and the north right-of-way line of State Road 26, as depicted on the plat of Trenton 27/359, excluding specified road right-of-way parcels (205/267, 143/248, 2000/2337, 2004/3403, 2005/7515, 2005/7517, 2011/117, 201821001045, 201921006042, 202421001718). The asking price is $379,000.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $150,000

    • CAP approach

      CAP return
      Estimation
      6%
      $125,000
      6.5%
      $140,000
      7%
      $140,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $120,000
      Geo Method
      $125,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $155,000
      Retail
      $135,000
      Mixed-Use
      $125,000
      Hospitality
      $110,000
      Educational
      $140,000
      Residential Income
      $150,000
      Energy
      $135,000
      Income-Based Land
      $145,000
      Food Service
      $145,000

    Location Insight

    • Map
    • Local Demand
    City
    Trenton
    County
    Gilchrist
    State
    Florida
    Longitude
    -82.823
    Latitude
    29.6135
    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
    $2,404
    $42,350
    $77,436
    $119,786
    -
    $42,350
    $77,436
    $119,786

    Comparable in this City

    • Value Estimation by Request
      1,056 SF

      9299 Us Hwy 129

      OFFICE BUILDING • 1,056 SF
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      View Details
    • Value Estimation by Request
      1,396 SF

      702 10th Ave

      OFFICE BUILDING • 1,396 SF
      702 10th Ave, Trenton, FL 32693
      View Details
    • Value Estimation
      $90,000
      336 SF

      17871 Us Hwy 19

      OFFICE BUILDING • 336 SF
      17871 Us Hwy 19, Fanning Springs, FL 32693-7018
      View Details
    • Value Estimation
      $320,000
      7,224 SF

      1208 Wade St

      OFFICE BUILDING • 7,224 SF
      1208 Wade St, Trenton, FL 32693-2780
      View Details
    • Value Estimation
      $245,000
      1,980 SF

      104 Main St

      OFFICE BUILDING • 1,980 SF
      104 Main St, Trenton, FL 32693-3440
      View Details
    • Value Estimation
      $175,000
      2,736 SF

      7603 State Rd 26

      OFFICE BUILDING • 2,736 SF
      7603 State Rd 26, Trenton, FL 32693-2880
      View Details

    Similar Nearby for Sale

    • $94,995
      560 SF

      Fanning Springs Office Building on Highway

      Commercial office building on Highway 19, Fanning Springs, Florida.
      16648 Hwy, Fanning Springs, FL 32693
      View Details
    • $175,000
      Pending

      Trenton, FL Office Building

      Commercial Intensive zoned building with high traffic count on SR 26.
      823 Wade St, Trenton, FL 32693
      View Details
    • $379,000
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      Trenton, FL Multi-Use Property

      Turnkey Business, High Traffic Area
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    • $125,000
      2.50 Acres

      Residential and Commercial Land Opportunity

      2.5-acre residential lot with adjacent commercial potential in Fanning Springs.
      90Th Ct, Fanning Springs, FL 32693
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    • $35,000
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      Acre Lot in Fanning Springs

      One acre lot suitable for building a home, manufactured homes allowed.
      17449 NW 89Th Ter, Fanning Springs, FL 32693
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    • $300,000
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      20 Acres Planted Pines Land

      20 acres of planted pines between Chiefland & Trenton, Florida.
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    503 Wade St
    Trenton, FL 32693
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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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