Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    15634 NW Us Highway 441 Alachua, FL 32615

    Sponsored
    For Lease
    $29 SF/Yr ($3,915 /Mo)

    Restaurant - ALACHUA, FL

    Property size:
    1,620 SF
    Lot size:
    1.96 Acres
    Days on Market:
    272
    Last Refresh:
    Feb 4 at 3:06 pm

    Property Features for 15634 NW Us Highway 441

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    CBD
    APN
    03869-011-000 15634 #F
    Size
    1,620 SF
    Lot size
    1.96 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    2008
    Building materials
    Stucco
    Architectural style
    Other

    We can help!

    Listing Contact
    Craig Carter

    Coldwell Banker M.M. Parrish Realtors (352) 335-4999

    Listing agent Craig Carter (352) 335-4999 License #3346602

    Listing date May 9, 2025

    MLS# GC527426 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.

    Learn more

    Property Insight Report

    Overview

    Restaurant Space on NW US Hwy

    This second-generation restaurant space is available for lease on NW US Hwy 441 in Alachua, Florida. The property is located minutes from I-75, offering convenient access to both Gainesville and Alachua. The available suite, comprising 1620 square feet, is part of a larger complex with a total lot size of 1.96 acres. Other tenants include Moe's Southwest Grill, South Beach Tanning Company, One Stop Medical and Urgent Care, Dominoes, TB Goods, and Life South Community Blood Bank. The space is zoned CBD. The suite is projected to be available in April 2025, with the lease rate based on a 10-year term. This property is suitable for restaurants and retail businesses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    TBGoods Discount Store Mi Apá Latin ... Restaurant Domino's Pizza Take-out & Catering

    Suggested Use

    Real Estate Agency Restaurant Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Alachua
    County
    Alachua
    State
    Florida
    Longitude
    -82.50224
    Latitude
    29.798093

    Nearby Similar for Lease

    • $2,800 /Mo
      Pending

      Remodeled Mixed-Use Property on 441

      Remodeled mixed-use property with ample parking and signage on 441.
      14435 NW 441, Alachua, FL 32615
      View Details
    • $1,995 /Mo
      1,260 SF

      Retail Space on NW HWY

      Retail space for lease with storefront windows and parking.
      15634 NW Us Highway 441, Alachua, FL 32615
      View Details
    • $2,565 /Mo
      1,620 SF

      Retail Space in Alachua, FL

      Retail space for lease with open floor plan and parking.
      15652 NW Us Highway 441, Alachua, FL 32615
      View Details
    • $22 SF/Yr
      7,761 SF

      Versatile Commercial Property For Lease

      Commercial property with office and lab space in Alachua, Florida.
      13680 NW 104Th Ter, Alachua, FL 32615
      View Details
    • $26 SF/Yr
      30,000 SF

      Innovative Flex Space For Lease

      Mixed-use development with office and warehouse spaces for lease.
      13300 Tech City Cir, Alachua, FL
      View Details
    • $21 SF/Yr
      1,936 SF

      Downtown Alachua Retail Space

      1,936 SF retail space in the heart of Alachua.
      14827 Main St, Alachua, FL 32615
      View Details
    • Contact for pricing
      4,700 SF

      Prime Medical Office, Orlando

      1.6-Acre Medical Office Building w/ Drive-Thru
      15119 Us Highway 441, Alachua, FL 32615
      View Details
    • $9 SF/Yr
      35,062 SF

      Industrial Space in Alachua Commerce

      16,000 SF industrial space available February 1.
      11600 NW 173Rd St, Alachua, FL 32615
      View Details
    • $26 SF/Yr
      270,000 SF

      Alachua Industrial Space Available

      Class A Flex Space, 2,500-270,000 SF
      13000 Tech City Cir, Alachua, FL 32615
      View Details
    • $13 SF/Yr
      11,985 SF

      Alachua Industrial Flex Space

      11,985 SF Flex Space, Ideal Location
      14000 Nano Ct, Alachua, FL 32615
      View Details
    • $18 SF/Yr
      2,496 SF

      Retail Space in Rolling Oaks

      Modern commercial center with high visibility and strong traffic.
      15202 NW 147Th Dr, Alachua, FL 32615
      View Details
    • $16 SF/Yr
      3,000 SF

      Alachua Retail Showroom - 3000 SF

      High-visibility showroom space in Alachua, FL.
      13570 101St Dr, Alachua, FL 32615
      View Details

    FAQs

    What type of property is this?
    Restaurant - Second generation restaurant space for lease in Alachua, Florida.
    Where is this restaurant located?
    The property is located at 15634 NW Us Highway 441 Alachua, FL.
    What is the lease rate?
    The lease rate is $29 SF/Yr.
    What are key features of this property?
    This property features: - Second generation restaurant space available.; - High-traffic location on NW US Hwy 441.; - Proximity to I-75, Gainesville, and Alachua.
    (352) 339-4038
    Request Owner's contact information
    15634 NW Us Highway 441 Alachua, FL 32615
    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.
    15634 NW Us Highway 441
    Alachua, FL 32615
    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
    15634 NW Us Highway 441 Alachua, FL 32615
    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

    We can help!
    Listing Contact
    Craig Carter
    (352) 339-4038
    Learn more
    Google sign-in failed. Please try again or use another login method.