Retail Building on Highway
15981 NW US Hwy 441 Alachua, FL
For Sale
Contact for pricing
6,036 SF retail building with high visibility and accessibility.
Property Size6,400 SF
Lot Size0.61 Acres
Price / SF$139.84
Days on Market485
Property Features for 15981 NW US Hwy 441
General Information
Standard status
Active
Size
6,400 SF
Lot size
0.61 Acres
Property subtype
RETAIL
Listing Agency:
Bosshardt Realty Services
(352) 256-2112
Listed By:
Eric Ligman · License #3086548
(352) 256-2112
Source:
Moodyscre
Added: Apr 1, 2025
Changed: Jul 6
Last Checked: Jul 21 at 5:29AM
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 Bosshardt Realty Services
Investment Insights
Based on property information with market context.
This 6,036-square-foot free-standing retail building is located at the intersection of HWY 441 and I-75. Currently home to Blair's Poolhall and Darts, the property is zoned C-1 and offers excellent signage and a modernized facade. The site is 0.61 acres and has easy access to I-75. Neighboring businesses include Waffle House, Pizza Hut, and Sonny's BBQ. The property is suitable for retail, dining, or entertainment ventures.
Key Highlights
- Prime location at the intersection of HWY 441 and I‑75.
- High visibility and accessibility.
- 6,036‑square‑foot free‑standing retail building.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $109.1k | $17.04 |
| − Vacancy | −$9.3k | −$1.45 |
| EGI | $99.8k | $15.59 |
| − OpEx | −$29.9k | −$4.68 |
| NOI | $69.9k | $10.91 |
6,400 SF · lease $17.04/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$997.9K
$873.1K – $1.16M
NOI $69,850 @ 7.0% cap · market cap 7.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.61M
$1.41M – $1.88M
NOI $112,942 @ 7.0% cap · market cap 12.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - 6,036 SF retail building with high visibility and accessibility.
Where is this retail space located?
The property is located at 15981 NW US Hwy 441 Alachua, FL.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Prime location at the intersection of HWY 441 and I‑75.; High visibility and accessibility.; 6,036‑square‑foot free‑standing retail building.
