Highway-Front Office
For Sale
$280,000
7230 SE US HIGHWAY 301, Hawthorne, FL 32640
Commercial Sale, HAWTHORNE, FL
Property Size1,008 SF
Lot Size0.25 Acres
Price / SF$277.78
Days on Market23
Property Features for 7230 SE US HIGHWAY 301
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
CG
Subdivision
HAWTHORNE WAITS CROSSING FLA SOUTHN RR
Directions
From Bryan's Ace Hardware: Exit the parking lot and turn right onto SE 221st Street. Continue a short distance to US Highway 301 and turn right (south). Drive south on US Highway 301 for approximately 0.7 miles. C B Isaac Realty at 7230 SE US Highway 301 will be on your right.
Standard status
Active
APN
19475-000-000
Size
1,008 SF
Lot size
0.25 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
WAITS CROSSING ADD PB A-23 COM SE COR LOT 2 BK 1 W ALONG S LINE 137.14 FT TO ELY R/W CENTER ST N ALONG R/W 79 FT E 134.43 FT TO WLY R/W HWY 301 SLY ALONG R/W 85 FT POB OR 4483/2087
Tax Annual Amount
2280
Legal Description
WAITS CROSSING ADD PB A-23 COM SE COR LOT 2 BK 1 W ALONG S LINE 137.14 FT TO ELY R/W CENTER ST N ALONG R/W 79 FT E 134.43 FT TO WLY R/W HWY 301 SLY ALONG R/W 85 FT POB OR 4483/2087
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1985
Flooring type
Carpet
Building materials
Frame
Listing Agency:
CB ISAAC REALTY
(352) 475-2199
Listed By:
Ronald Blake · License #652810
(352) 235-1644
Added: Aug 3
Changed: Aug 24
Last Checked: Aug 25 at 11:06AM
MLS# GC542440
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.
Investment Insights
Based on property information with market context.
This 1,008-square-foot office building was constructed in 1985 and features a frame structure, carpeted interior, central heating, and central air conditioning. The layout can accommodate office, retail, or service-oriented commercial use, with room for a new owner to adapt the space to operational needs. Public water and public sewer serve the property, and the building is zoned CG.
The property fronts US Highway 301 in Hawthorne, placing the building along a transportation corridor with access to Gainesville, Ocala, and nearby communities. Its location supports businesses seeking a visible commercial presence within the Hawthorne market.
The property fronts US Highway 301 in Hawthorne, placing the building along a transportation corridor with access to Gainesville, Ocala, and nearby communities. Its location supports businesses seeking a visible commercial presence within the Hawthorne market.
Key Highlights
- 1,008 square feet of usable commercial space
- 0.25‑acre property along US Highway 301
- CG zoning supports commercial use
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$12,574
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.49%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$251,480
$251.5K
Cap Rate 7%
$179,629
$179.6K
Cap Rate 9%
$139,711
$139.7K
Market Conditions
NOI Build-Up for 1,008 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$20.0K $19.80/SF
− Vacancy
−$3.2K −$3.17/SF
EGI
$16.8K $16.63/SF
− OpEx
−$4.2K −$4.16/SF
NOI
$12.6K $12.47/SF
Area
Alachua County, FL
Vacancy
16.00%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$251,480
Cap Rate 7%
$179,629
Cap Rate 9%
$139,711
Alternative Uses
Best Use
Office B
$179.6K
$157.2K – $209.6K
NOI $12,574 @ 7.0% cap · market cap 4.49%
Second Best
Retail
$157.2K
$137.5K – $183.4K
NOI $11,001 @ 7.0% cap · market cap 3.93%
Theoretical Best
Office A
$254.1K
$222.4K – $296.5K
NOI $17,788 @ 7.0% cap · market cap 6.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
146
Businesses Nearby
Explore this area
Business Placement
Demographics for 32640, FL
10,281
Population
5,353
Households
1.9
Avg Household Size
51
Median Age
14%
College-Educated
84%
High-School Grad
187.7 sq mi
ZIP Area
55
Density / Sq Mi
$58,727
Median Household Income
$35,833
Median Earnings
$959
Median Rent
$153,600
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Compact commercial building with a functional layout, central systems, and public water and sewer service.
Where is this office building located?
The property is located at 7230 SE US HIGHWAY 301 Hawthorne, FL.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: 1,008 square feet of usable commercial space; 0.25‑acre property along US Highway 301; CG zoning supports commercial use
