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Chiefland Triplex Office Condo 13 Ne 3rd St 4,373 SF Office Building Chiefland, FL 32626 $600,000 ($137.21/SF) 10% Cap Rate



Investment Highlights
- Triplex of Office Condos
- Flexible, functional, spacious condos
- Offered at 10% CAP Rate
Executive Summary
Offered at a 10% CAP, this prime office building offers an excellent investment opportunity with a set of three office condos available for $600,000. Built in 1974, this single-story property features a total of 4,373 SF of flexible and functional space, divided into three units: 13 Northeast 3rd Street (1,557 SF), 17 Northeast 3rd Street (1,012 SF), and 19 Northeast 3rd Street (1,804 SF). Perfect for investors or business owners, this property provides versatility and potential in a thriving commercial district.
Property Facts
Sale Type
Investment
Property Type
Building Size
4,373 SF
Building Class
C
Year Built
1974
Price
$600,000
Price Per SF
$137.21
Cap Rate
10%
NOI
$60,000
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,373 SF
Building FAR
0.77
Lot Size
0.13 AC
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Property Taxes
| Parcel Numbers | Improvements Assessment | $213,699 | |
| Land Assessment | $30,000 | Total Assessment | $243,699 |
Property Taxes
Parcel Numbers
Land Assessment
$30,000
Improvements Assessment
$213,699
Total Assessment
$243,699
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Chiefland Triplex Office Condo | 13 Ne 3rd St
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