Property profile

7670 115Th St Chiefland, FL 32626

FOR SALE
Manufacturing properties
Property ID
US18-4299512
5,300 SF 0.75 ac lot Built 1973
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property, located at 7670 115th St, Chiefland, FL 32626, offers a unique blend of office and industrial space, totaling 5,300 square feet. Situated on a 0.75-acre corner lot on a heavily traveled county road, this building boasts a C-3 zoning designation, allowing for a wide array of commercial uses. The property features approximately 1,800 square feet of office space, including 5-6 individual offices, a file room with a wiring hub, a conference room, a lunchroom, and a bathroom. The office area is equipped with fiber optic internet and is Alexa compatible. The remaining 3,500 square feet comprises a shop/warehouse space, updated with 3-phase electrical service (240 amps) suitable for welding, and a pressurized airline. Five roll-up bay doors provide convenient access. A large paint booth is included in the sale. Building improvements include updated insulation. The well was serviced in 2015, and the septic system was recently pumped. This property is one of only two commercially zoned properties along Manatee Springs Road, presenting a rare opportunity. The building was constructed in 1973. The asking price is $399,900. The seller may also be willing to sell their existing manufacturing business. Legal description: 27-11-14 DRUMMOND ESTATES BLK B N 178 FT OF E 185 OF LOT 1 OR BOOK 1363 PAGE 958.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1973
Construction STEEL FRAME
Total area 5,300 SF
Lot 0.75 ac (32,670 SF)
APN 091080090A
UPID US18-4299512

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
  • Industrial Manufacturer Production Facility

Location

7670 115Th St Chiefland, FL 32626
Chiefland metro Census 970303 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
$205k

Owner & transaction history

since 2024
Last sale
$338,000
7 recorded transactions
2024
$338,000
2016
Price N/A
2015
$225,000
2012
Price N/A
1999
$65,500
1969
Price N/A
1969
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
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