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    5949 State Rd 26 Trenton, FL 32693-6149
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    Property profile & analytics

    5949 State Rd 26, Trenton, FL 32693-6149

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    • Grocery and convenience stores
    • 1,710 SF
    • 1.84 lot acres
    Off-Market
    Last Sale Jun 11, 2025
    $150,000
    Property ID
    US18-9039072
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Grocery and convenience stores

    Property Details for 5949 State Rd 26

    Year built
    1990
    Construction
    CONCRETE
    Lot size
    1.84 lot acres
    Property type
    Grocery and convenience stores
    APN
    15-10-14-0000-0005-0030
    APU
    151014000000050030

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 11, 2025 $150,000 Mamunur Rahman Nasrin Chowdhury Special Warranty Deed —
    Jul 2, 2019 — M Rahman Md — Deed · related $477k · Ware Oil & Supply Co INC
    Oct 17, 2008 $690,100 Rahman,mamunur Ware Oil & Supply Co INC Warranty Deed $566k · Ware Oil & Supply Co INC
    — — M Rahman Md — Deed Of Trust · related $477k · Ware Oil & Supply Co INC

    Description

    This exceptional retail property, situated at 5949 SW State Road 26 in Trenton, Florida, presents a compelling investment opportunity. Boasting a highly visible location on busy State Road 26, this 1,700 square foot building sits on a generous 1.84-acre lot. Its strategic placement between Trenton and Fanning Springs ensures high traffic volume and excellent exposure to a substantial customer base. The property's proximity to a Marathon Gas Station and Food Mart further enhances its appeal and convenience for potential customers. This makes it ideal for a variety of retail businesses seeking a strong foothold in a thriving community. The substantial lot size offers ample room for expansion, additional parking, or outdoor display areas, providing significant flexibility for future development. The asking price of $1,800,000 reflects the property's prime location, size, and potential for significant return on investment. Serious inquiries are encouraged to explore this exceptional commercial real estate opportunity. This property is ready for immediate occupancy and presents a rare chance to establish a successful business in a high-traffic area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Trenton
    County
    Gilchrist
    State
    Florida
    Longitude
    -82.9065
    Latitude
    29.6114
    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
    $3,962
    $44,348
    $197,720
    $242,068
    -
    $44,348
    $197,720
    $242,068

    Comparable in this City

    • Value Estimation by Request
      3,186 SF

      705 Main St

      CONVENIENCE STORE (W/FUEL PUMP)
      705 Main St, Trenton, FL 32693-3405
      View Details
    • Value Estimation by Request
      2,880 SF

      7270 Us Hwy 19

      CONVENIENCE STORE (W/FUEL PUMP)
      7270 Us Hwy 19, Fanning Springs, FL 32693-2983
      View Details
    • Value Estimation
      $540,000
      15,099 SF

      113 Main St

      GROCERY, SUPERMARKET
      113 Main St, Trenton, FL 32693-3231
      View Details
    • Value Estimation by Request
      2,324 SF

      7050 State Rd 26

      CONVENIENCE STORE (W/FUEL PUMP)
      7050 State Rd 26, Trenton, FL 32693-2882
      View Details
    • Value Estimation by Request
      4,756 SF

      7680 Us Hwy 19

      CONVENIENCE STORE (W/FUEL PUMP)
      7680 Us Hwy 19, Fanning Springs, FL 32693-9548
      View Details
    • Value Estimation by Request
      2,501 SF

      8731 174th St

      GROCERY, SUPERMARKET
      8731 174th St, Fanning Springs, FL 32693-9213
      View Details

    Similar Nearby for Sale

    • $1,100,000
      4,000 SF

      Trenton, FL Commercial Investment Opportunity

      High-visibility commercial property with income potential in Trenton, Florida.
      535 SE State Road 26, Trenton, FL 32693
      View Details
    • Contact for pricing
      4,049 SF

      Fanning Springs Turnkey Restaurant Opportunity

      Turnkey restaurant on a high-visibility corner with expansion potential.
      17751 Us Highway 19 NW, Fanning Springs, FL 32693
      View Details
    • Contact for pricing

      Highway Frontage Commercial Land Parcels

      Commercial site with highway frontage, suitable for auto-related businesses.
      16116 NW 81St Ave, Trenton, FL 32693
      View Details
    • $99,999

      Land For Sale Fanning Springs

      Land available in Fanning Springs, Florida.
      84 NW 84Th Ter, Fanning Springs, FL 32693
      View Details
    • $99,900
      4.25 Acres

      Land in Trenton, Florida

      4.25 acres of vacant land near Gilchrist County line.
      17350 NW 1St Ave, Trenton, FL 32693
      View Details
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    Trenton, FL 32693-6149
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

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

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