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$93,450
● Commercial - Off Market

Chiefland, FL
bedrooms
Studio
bathrooms
0 Bath
$263,181
RealtyHop Estimate
94.95%
Since Nov 1, 2013
National-US
Primary Model

About This Property

The subject property is located the city limits of Chiefland, Florida one block from Hwy 19. Expansion of Wal-Mart Super Center and area economy have paved the way for a variety of national fast food chains, hotels and financial institutions. There are three incarceration facilities in the area supporting 800 jobs and Progress Energy Florida is moving forward with its plan to build two nuclear power plants in southern Levy County costing over $ 5 billon. Building offers three great rooms, full kitchen and 6 bath rooms and three AC for each segment of the building. The surplus lot is a bonus for more parking or future expansion.
Unit Size
-
Days on Market
-
Land Size
1.16 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$603
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 12 months ago (Citrus MLS #356721)

Price History

Date / Event Date Event Price
Oct 18, 2013 Sold
Premium
Sold
Jul 20, 2012 Listed by Century 21, J.W. Morton $135,000
Listed by Century 21, J.W. Morton

Property Highlights

Air Conditioning
Parking Details
Parking Features: Unassigned, Unpaved
Interior Details
Flooring Type: Carpet, Tile
Rooms: 1
Exterior Details
Year Built: 1998
Building Area Total: 6801
Levels: One
Construction Materials: Frame
Lot Features: Flat
Lot Size Area: 1.16
Lot Size Units: Acres
Lot Size Acres: 1.16
Lot Size Square Feet: 50529
Lot Size Dimensions: 1.16 Acres
Water Source: Public
Financial Details
Tax Assessed Value: $338,481
Tax Annual Amount: $7,240
Utilities Details
Cooling Type: Central Air, Wall/Window Unit(s)
Sewer : Septic Tank

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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CitrusMLS

Listed by: Elias Kirallah, Century 21, J.W. Morton
Last Updated: 12 months ago
Data Source: Citrus MLS, MLS# 356721
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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