Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    16181 NW US Hwy 441 Alachua, FL

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail space with high visibility near major transportation routes.

    Type:RETAIL
    Property size:
    1,300 SF
    Lot size:
    10.45 Acres
    Added:
    Jan 9, 2024
    Days on Market:
    841
    Last Refresh:
    Apr 5 at 10:05 pm

    Property Features for 16181 NW US Hwy 441

    General Information

    Standard status
    Active
    Size
    1,300 SF
    Lot size
    10.45 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 16181 NW US Hwy 441 Contact us

    We can help!

    Listing Contact
    Tyler Wilkins
    Tyler Wilkins

    Listing agent Tyler Wilkins

    Listing office Crossman & Company - Corporate

    Listing date Jan 9, 2024

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Crossman & Company - Corporate

    Overview

    Retail Space Near US Highway

    This 1,300-square-foot retail space is located approximately 0.5 miles west of Interstate-75 and offers excellent visibility from US Highway 441. The property is situated in proximity to Progress Park, Alachua Commerce Center, and downtown Alachua. It is adjacent to Santa Fe High School and a Hampton Inn that was completed in Spring 2020. The location benefits from a traffic count of 28,000 vehicles per day.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hugh L. Cain: ... Insurance Agency Great Clips Hair Salon China Express Restaurant Publix Liquors at Alachua ... (Bike/Boat/Book/etc) Store Alachua Dermatology Physician

    Suggested Use

    Restaurant Real Estate Agency Law Firm Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Auto Parts Store Hotel & Motel Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Alachua
    County
    Alachua
    State
    Florida
    Longitude
    -82.5244
    Latitude
    29.8072

    Nearby Similar for Lease

    • $19 SF/Yr

      Retail Space in Alachua, FL

      Retail space for lease with open floor plan and parking.
      15634 NW US HIGHWAY 441, ALACHUA, FL 32615
      View Details
    • $21 SF/Yr

      Downtown Alachua Retail Space

      1,936 SF retail space in the heart of Alachua.
      14827 MAIN STREET, ALACHUA, FL 32615
      View Details
    • $18 SF/Yr

      Modern Flex Space in Alachua

      7,761± SF flex space in Gainesville-Alachua life science corridor.
      13680 NW 104th Ter, Alachua, FL 32615
      View Details
    • $16 SF/Yr

      Alachua Retail/Showroom Space For Rent

      Prime retail or showroom space with highway frontage in Alachua.
      13570 North West 101 Drive, Alachua, FL 32615
      View Details
    • $40,656 SF/Yr

      Downtown Alachua Retail/Commercial Space

      1,936 SF retail/commercial space in Downtown Alachua.
      14827 MAIN St, Alachua, FL 32615
      View Details
    • $16 SF/Yr

      Professional Office Suite For Rent

      Functional office suite in a thriving business park.
      17750 NW 115th Avenue , Alachua , FL 32615
      View Details
    • $22 SF/Yr

      Innovative Mixed-Use Tech City Development

      Mixed-use campus serving various sectors, including start-ups and manufacturing.
      13000 Tech City Cir, Alachua, FL 32615
      View Details
    • $8 SF/Yr

      Alachua Industrial Space For Rent

      16,000± SF industrial space in Alachua Commerce Center.
      11600 NW 173rd St Ste 150, Alachua, FL 32615
      View Details
    • $8 SF/Yr

      Industrial Space in Alachua

      35,062± SF industrial space for lease in Alachua, Florida.
      11600 NW 173rd St Ste 150, Alachua, FL 32615
      View Details
    • $9 SF/Yr

      New Industrial Space Available

      New construction industrial space with dock-high loading in Alachua, FL.
      17742 NW 115th Ave , Alachua , FL 32615
      View Details
    • $40,656 SF/Yr

      Alachua Retail Space For Rent

      Retail space available for lease in Alachua, Florida.
      14827 MAIN STREET, ALACHUA, FL 32615
      View Details
    • $2,565/Mo

      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

    FAQs

    What type of property is this?
    Retail space - Retail space with high visibility near major transportation routes.
    Where is this retail space located?
    The property is located at 16181 NW US Hwy 441 Alachua, FL.
    What are key features of this property?
    This property features: Excellent visibility from US Highway 441; High traffic count: 28,000 VPD; Just 0.5 miles west of Interstate‑75
    (407) 423-5400 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Tyler Wilkins
    Tyler Wilkins
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!