Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Commercial Land on US Highway Title is generated by Realmo AI

    102 NE HIGHWAY 441, Micanopy, FL 32667

    View on Map
    Claim this Listing
    For Sale
    $275,000

    Land - MICANOPY, FL

    Lot size:
    1.50 Acres
    Added:
    Jan 19, 2025
    Days on Market:
    497
    Last Refresh:
    May 31 at 3:06 am

    Property Features for 102 NE HIGHWAY 441

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    C-2
    Exterior features
    Paved
    Standard status
    Active
    APN
    16658-000-000
    Lot size
    1.50 Acres

    Taxes and HOA fees

    Tax Year
    2023
    Tax Annual Amount
    1705.89

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Jay Rist
    Jay Rist

    Listing agent Jay Rist License #3096670

    Listing office RE/MAX PROFESSIONALS 4011-C NW 43rd Street, Gainesville, FL

    Listing date Jan 19, 2025

    MLS# GC527653 Listing URL

    Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime commercial property with frontage on US Highway 441 in Historic Micanopy.
    • Opportunity to purchase a 1.5‑acre parcel carved out for a buyer's business enterprise.
    • Additional acreage available for sale with negotiable pricing.
    • Located next to Pearls Country Store & Barbecue at a key intersection.
    • Road frontage on both County Road 234 and US Hwy 441 (approximately 668 feet total).
    • Zoning qualifies for many uses.

    Overview

    This commercial property offers 1.5 acres of land with road frontage on US Highway 441 in Micanopy, Florida. The property is located next to Pearls Country Store & Barbecue, at the intersection of County Road 234 and US Highway 441. It features approximately 668 feet of road frontage on both County Road 234 and US Highway 441. The C-2 zoning qualifies the property for many uses. The location benefits from high daily traffic counts. Additional acreage is available for sale as needed, with the price negotiable.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Spa & Massage Center Big Box & Wholesale Store Hair Salon Nail Salon Hotel & Motel Gym & Fitness Center Department Store Accounting Firm Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Micanopy
    County
    Alachua
    State
    Florida
    Longitude
    -82.280607
    Latitude
    29.512715

    Nearby Similar for Sale

    • $3,980,000
      6,100 SF

      Exceptional Equestrian Estate in Micanopy

      Luxurious 63-acre equestrian estate near Ocala's World Equestrian Center.
      7000 NW HWY 320, MICANOPY, FL 32667
      View Details
    • $2,400,000
      3,341 SF

      Paynes Prairie Ranch Property

      90-acre ranch with abundant wildlife near Paynes Prairie Preserve.
      11816 SE COUNTY ROAD 234, MICANOPY, FL 32667
      View Details
    • $139,000

      Wooded Land Near Tuscawilla Preserve

      1.51-acre wooded parcel near downtown Micanopy and Tuscawilla Preserve.
      227 SE TUSCAWILLA ROAD, MICANOPY, FL 32667
      View Details
    • $150,000

      Land Parcel Near Lake Wauberg

      1.08 acre land parcel near Lake Wauberg and Paynes Prairie.
      Tbd SE WACAHOOTA ROAD, MICANOPY, FL 32667
      View Details
    • $569,000

      Assisted Living Facility on 3 Acres

      Assisted living facility on 3 acres in Marion County, Florida.
      5650 NW 219 STREET, MICANOPY, FL 32667
      View Details
    • $379,900

      Micanopy Vacant Land Parcel

      Spacious 15.20-acre parcel in a peaceful rural setting.
      102 SW 109TH Pl, Micanopy, FL 32667
      View Details
    • $8,750,000
      200 SF

      Luxury Equestrian Estate with Premier Facilities

      Premier equestrian facilities on 210 acres in scenic Marion County.
      6800 SE 193RD STREET, MICANOPY, FL 32667
      View Details
    • $7,750,000
      1,884 SF

      Luxury Equestrian Estate For Sale

      Premier equine facilities on 190 acres in Marion County, Florida.
      6500a NW 193RD STREET, MICANOPY, FL 32667
      View Details
    • $245,000

      Orange Lake Shores Lakefront Lot

      Lakefront lot with water views and direct lake access.
      NW 39TH TERRACE, MICANOPY, FL 32667
      View Details
    • $15,500,000
      1,884 SF

      Micanopy Horse Farm with Equine Facilities

      400-acre Micanopy, FL horse farm with state-of-the-art equine facilities.
      6800 & 6500 NW 193RD STREET, MICANOPY, FL 32667
      View Details
    • $991,690

      Prime Land in Horse Country

      62 acres of land in the heart of horse country.
      62ac NW 193RD ST, MICANOPY, FL 32667
      View Details
    • $399,000

      23.73 Acres of Wooded Land

      23.73 acres of wooded land in Alachua County, Florida.
      110 SE WACAHOOTA ROAD, MICANOPY, FL 32667
      View Details

    FAQs

    What type of property is this?
    Commercial land - 1.5 acre commercial property with highway frontage in Micanopy.
    Where is this commercial land located?
    The property is located at 102 NE HIGHWAY 441 Micanopy, FL.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: Prime commercial property with frontage on US Highway 441 in Historic Micanopy.; Opportunity to purchase a 1.5‑acre parcel carved out for a buyer's business enterprise.; Additional acreage available for sale with negotiable pricing.
    (352) 317-0008
    We can help!
    Listing Contact
    Jay Rist
    Jay Rist
    Real Estate License ID: 3096670
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    102 NE HIGHWAY 441, MICANOPY, FL 32667
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!