Add Listing
    For Sale
    • 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

    SW 220 Dr Newberry, FL 32669

    View on Map
    Sponsored
    For Sale
    $300,000

    Land - NEWBERRY, FL

    Lot size:
    5.09 Acres
    Days on Market:
    11
    Last Refresh:
    Mar 15 at 4:06 pm

    Property Features for SW 220 Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    RESI
    APN
    02545-010-001
    Pets allowed
    No
    Lot size
    5.09 Acres

    Taxes and HOA fees

    Expense value
    120
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Monthly

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Tiffany Moen
    Tiffany Moen

    Thurmond-Norfleet Realty, LLC (352) 213-2413

    Listing agent Tiffany Moen (352) 213-2413 License #3199016

    Listing date Mar 4, 2026

    MLS# GC529480 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

    Newberry Land in Gated Community

    This 5.09-acre lot is located in Magnolia Acres, a gated community in Newberry, Florida. The community is situated in the heart of Newberry, providing convenient access to shopping and amenities. A Publix supermarket is located an 8-minute drive away. The location is in a fast-growing city with many shopping centers and businesses currently coming in. Magnolia Acres permits outbuildings, separate buildings for extra garages, secondary buildings, and in-law suites. The community is horse-friendly, allowing horses. Boats and RVs are also allowed. The community is located off SW 15th Avenue, offering an easy commute to Gainesville. The property is close to a river and other outdoor activities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Newberry
    County
    Alachua
    State
    Florida
    Longitude
    -82.57386084
    Latitude
    29.63946941

    Nearby Similar for Sale

    • $1,100,000
      1,305 SF

      Corner Retail Opportunity in Newberry

      High-visibility corner lot on major thoroughfare in Newberry, Florida.
      10 NW 250Th St, Newberry, FL 32669
      View Details
    • $800,000

      Newberry Commercial Building For Sale

      Commercial building in a growing area with income potential.
      305 SW 250Th St, Newberry, FL 32669
      View Details
    • $565,000
      1,271 SF

      Newberry Industrial Property on 1.63 Acres

      Well-maintained industrial building on 1.63 acres, Newberry, Florida.
      873 State Road 45, Newberry, FL 32669
      View Details
    • $430,000
      Pending

      Historic Commercial Building in Newberry

      Charming 1908 building ideal for retail, dining, or office.
      25527 W Newberry Rd, Newberry, FL 32669
      View Details
    • $800,000

      Newberry Commercial Building For Sale

      Commercial building in Newberry, Florida, with income potential.
      305 SW 250Th St, Newberry, FL 32669
      View Details
    • $700,000

      Renovated Office and Lab Space

      Redeveloped office and lab space in Jonesville's Equilease Park.
      404 Southwest 140Th Ter, Newberry, FL 32669
      View Details
    • $1,100,000

      Corner Property in Newberry, Florida

      Corner property with high visibility in Newberry, Florida.
      10 NW 250Th St, Newberry, FL 32669
      View Details
    • $950,000
      1,508 SF

      Prime Location Commercial Property

      1.09 acres with State Road 26 frontage.
      24809 Newberry Rd, Newberry, FL 32669
      View Details
    • $1,225,000

      Newberry Commercial Park Flex Space

      Flex space in Newberry with office and warehouse options.
      25145 NW 8Th Pl, Newberry, FL 32669
      View Details
    • $895,000

      Jonesville Campus-Style Site For Sale

      Three-building campus on 4.3 acres in Jonesville.
      410 SW 140Th Ter, Newberry, FL 32669
      View Details
    • $600,000
      1,872 SF

      Newberry Retail Space - High Growth Potential

      Prime Newberry location, 1872 sq ft retail space.
      25050 Newberry Rd, Newberry, FL 32669
      View Details
    • $895,000
      8,925 SF

      Newberry Office Campus - Prime Location

      Three-building campus, 27,000+ sq ft, 1.35 acres
      418 140Th Ter, Newberry, FL 32669
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 5+ acre lot in a gated Newberry community.
    Where is this residential land & home lot located?
    The property is located at SW 220 Dr Newberry, FL.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: - 5+ acre lots in a gated community; - Horse-friendly community; - Close proximity to shopping and amenities in Newberry
    (352) 870-9414
    Request Owner's contact information
    SW 220 Dr Newberry, FL 32669
    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.
    SW 220 Dr
    Newberry, FL 32669
    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
    SW 220 Dr Newberry, FL 32669
    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
    Tiffany Moen
    Tiffany Moen
    Real Estate License ID: 3199016
    (352) 870-9414 (352) 213-2413
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!