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    New Warehouse/Office on US Highway Title is generated by Realmo AI

    17804 NW US HWY 441, High Springs, FL 32643

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    New
    For Lease
    $16 SF/Yr $1,600/Mo (calc)

    Warehouse - HIGH SPRINGS, FL

    Type:Single Family Residence
    Property size:
    1,200 SF
    Lot size:
    2.10 Acres
    Added:
    May 14, 2026
    Days on Market:
    5
    Last Refresh:
    May 18 at 6:06 am

    Property Features for 17804 NW US HWY 441

    General Information

    Property type
    Commercial Lease
    Property subtype
    Single Family Residence
    Property condition
    New Construction
    Zoning
    INDUSTRIAL
    Standard status
    Active
    APN
    00292-015-000
    Size
    1,200 SF
    Lot size
    2.10 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    2014

    Utilities

    Heating system
    Central, Electric (Heating), Heat Pump (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    2026
    Flooring type
    Concrete
    Building materials
    Frame, Metal Siding
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Joel Buzbee

    Listing agent Joel Buzbee License #3170805

    Listing office G. BUZBEE REALTY 17774 NW US HWY 441, High Springs, FL

    Listing date May 14, 2026

    MLS# GC540363 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

    • High‑traffic location directly on US Highway 441, offering excellent visibility.
    • Brand new construction (completion July 2026) with 4000sf of office/warehouse space.
    • Flexible space with 1200sf of office area (4 offices, reception, etc.) and 2800sf of clear‑span warehouse.
    • Easy access to I‑75, facilitating regional transportation.
    • Warehouse features include two 10'x12' overhead doors and 14' eave heights.
    • Offered on a triple net lease.

    Overview

    Under construction, this new 4000 square foot office/warehouse building is located directly on US Highway 441, between High Springs and Alachua. The building includes 1200 square feet of office space, featuring four private offices, a reception area, an accessible bathroom, an IT closet, and a central break/print/filing area. The 2800 square foot warehouse provides two 10-foot wide by 12-foot tall overhead doors, two man doors, 14-foot eave heights, and a clear span open footprint. The location offers frontage features along a busy thoroughfare and easy access to the North Central Florida I-75 corridor. The building is being offered on a triple net lease with a 3-year minimum lease term. The lot size is 2.1 acres. The intended use of the property is for office and warehouse purposes. The projected completion date is July 2026.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Hair Salon Auto Repair Shop Gym & Fitness Center Food Market Grocery & Convenience Store

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

    Similar Places Nearby

    • nativeboyzbbq — 405 NW 186th Ave, High Springs, FL 32643

    Location Insight

    • Map
    • Local Demand
    City
    High Springs
    County
    Alachua
    State
    Florida
    Longitude
    -82.5770889
    Latitude
    29.8178839

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    FAQs

    What type of property is this?
    Flex space - New 4000 SF office/warehouse on US Highway 441.
    Where is this flex space located?
    The property is located at 17804 NW US HWY 441 High Springs, FL.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: High‑traffic location directly on US Highway 441, offering excellent visibility.; Brand new construction (completion July 2026) with 4000sf of office/warehouse space.; Flexible space with **1200sf of office area** (4 offices, reception, etc.) and **2800sf of clear‑span warehouse**.
    (352) 318-4700
    We can help!
    Listing Contact
    Joel Buzbee
    Real Estate License ID: 3170805
    Learn More
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    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
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