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    12840 SW State Road 45 Archer, FL 32618

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    For Sale
    $1,860,000

    High-performing Family Dollar store with long-term tenant commitment.

    Lot size:
    1.37 Acres

    Property Features for 12840 SW State Road 45

    General Information

    Lot size
    1.37 Acres

    Source: Berlin Group Agent Benedict Gutierrez

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

    Overview

    Profitable Family Dollar Store

    The subject property is a Family Dollar store located in Archer, Florida, just outside of Gainesville. According to Placer.ai, this location ranks in the 85th percentile in Florida and the 83rd percentile nationally, indicating it is among the top-performing Family Dollar stores in the country. This ranking suggests a high-traffic trade area with a consistent draw from the Gainesville metro area. The tenant has recently exercised its second option period, demonstrating a long-term commitment to the site. The property is leased on a Double-Net (NN) basis with over five years remaining on the lease. The lease includes 10% rent increases at each option period.
    Insight Report Location Intelligence

    Current Use by Public Records

    Drug stores

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Auto Repair Shop Wholesale Shop Hair Salon Nail Salon Auto Parts Store Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Archer
    County
    Alachua
    State
    Florida
    Longitude
    -82.5194
    Latitude
    29.536464

    Nearby Similar for Sale

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    • $375,000
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    FAQs

    What type of property is this?
    Drug store - High-performing Family Dollar store with long-term tenant commitment.
    Where is this drug store located?
    The property is located at 12840 SW State Road 45 Archer, FL.
    What is the asking price?
    The asking price for this property is $1,860,000.
    What are key features of this property?
    This property features: - High-performing Family Dollar: Ranks in the 85th percentile in Florida and 83rd percentile nationally per Placer.ai.; - Tenant's Long-Term Commitment: Tenant recently exercised its second option period.; - Dependable and Growing Income: Leased on a Double-Net (NN) basis with over five years remaining.
    (305) 281-8087
    Request Owner's contact information
    12840 SW State Road 45 Archer, FL 32618
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    Archer, FL 32618
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    Realmo Value Estimation

    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.

    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.

    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
    12840 SW State Road 45 Archer, FL 32618
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