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    18811 SE 243Rd St Hawthorne, FL 32640

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    Sponsored
    For Sale
    $2,300,000

    Agriculture - HAWTHORNE, FL

    Type:Agriculture
    Property size:
    2,268 SF
    Lot size:
    39.19 Acres
    Days on Market:
    1
    Last Refresh:
    Mar 18 at 8:06 pm

    Property Features for 18811 SE 243Rd St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Agriculture
    Standard status
    Active
    Zoning
    A
    APN
    20150-001-000
    Appliances
    Refrigerator
    Size
    2,268 SF
    Lot size
    39.19 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1958
    Flooring type
    Carpet
    Building materials
    Wood Siding
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Ronald Blake
    Ronald Blake

    CB Isaac Realty (352) 475-2199

    Listing agent Ronald Blake (352) 475-2199 License #652810

    Listing date Mar 18, 2026

    MLS# GC538407 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

    Certified Organic Blueberry Farm

    This active blueberry farm is located in Lochloosa Farms and features over eight varieties of berries. The property includes a 2,268 square foot home with three bedrooms and two bathrooms, as well as an in-ground pool. The patio offers views of the blueberry field. The property is landscaped and includes wood fencing. A 4,988 square foot packing house features two dock heights with receiving doors, dock plates, a sealer pad, and light. The back dock is 424 square feet and open with one dock plate. The enclosed area has one garage door and is equipped with icyene installation, two air conditioners in the packing area, and two refrigerated units in the cooler room. The office has been remodeled into a one bedroom, one-bath apartment with storage areas. The property also includes a 4,800 square foot storage barn/office with metal roofs. There are two wells at this location. The first well, installed in 2003, is 12' x 354' and powered by John Deere 6068 130 HP. The second well, installed in 2009, is 12' x 318' and powered by Detroit 671 150 HP, both with roof overs. The organic certification can be transferred. The property is located in Hawthorne, FL, and has a lot size of 39.19 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Farms

    Suggested Use

    Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Hawthorne
    County
    Alachua
    State
    Florida
    Longitude
    -82.063101
    Latitude
    29.483267

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    FAQs

    What type of property is this?
    Farm - Active blueberry farm with home, packing house, and storage.
    Where is this farm located?
    The property is located at 18811 SE 243Rd St Hawthorne, FL.
    What is the asking price?
    The asking price for this property is $2,300,000.
    What are key features of this property?
    This property features: - Certified organic blueberry farm with multiple varieties, offering immediate income potential.; - Enjoy a 3-bedroom, 2-bathroom home with approximately 2,268 sq. ft. and an in-ground pool.; - Features a 4,988 sq. ft. packing house with refrigerated units, loading docks, and a remodeled office apartment.
    (352) 235-1644
    Request Owner's contact information
    18811 SE 243Rd St Hawthorne, FL 32640
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    Hawthorne, FL 32640
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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
    18811 SE 243Rd St Hawthorne, FL 32640
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    We can help!
    Listing Contact
    Ronald Blake
    Ronald Blake
    Real Estate License ID: 652810
    (352) 235-1644 (352) 475-2199
    Learn more
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