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

    15281 Northwest Us Highway 441 Alachua, FL 32615

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,950,000

    1.98-acre commercial land with high visibility in Alachua, Florida.

    Lot size:
    1.98 Acres

    Property Features for 15281 Northwest Us Highway 441

    General Information

    Lot size
    1.98 Acres

    We can help!

    Listing Contact
    James Sapp
    Source: Lee-associates

    Listing Agent: James Sapp

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

    Learn more

    Overview

    Prime Commercial Land on US-441

    This 1.98-acre parcel is located in Alachua, Florida, offering high visibility with over 375 linear feet of frontage along S US Hwy 441/ML King Blvd. Situated on the north side of US 441 at NW 141st Street, the property benefits from a location in a city that blends rural charm with a business-friendly environment. The roadway carries more than 24,000 vehicles daily, providing exceptional exposure for retail, office, or commercial enterprises. Zoned Commercial Intensive, the site is fully served by all public utilities and is ready for a variety of commercial uses.
    Location Intelligence

    Current Use by Public Records

    All Cuts Barber Shop Alachua Printing Marketing & Advertising B&B Salon and Supply Hair Salon

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Alachua
    County
    Alachua
    State
    Florida
    Longitude
    -82.496886
    Latitude
    29.795797

    Nearby Similar for Sale

    • New
      $205,000
      Pending

      Secluded 5-Acre Retreat

      Self-sufficient living in a peaceful setting with modern amenities.
      14212 NW 188Th St, Alachua, FL 32615
      View Details
    • $895,000
      6,400 SF

      Retail Building on Highway 441

      6,036 SF retail building with high visibility and accessibility.
      15981 NW Us Highway 441, Alachua, FL 32615
      View Details
    • $625,000

      Freestanding Office Building in Alachua

      Visible office building in Turkey Creek near Gainesville and Alachua.
      11820 Turkey Creek Blvd, Alachua, FL 32615
      View Details
    • $325,000

      Restored Corner Building in Alachua

      Restored corner building in downtown Alachua with retail potential.
      14850 Main St, Alachua, FL 32615
      View Details
    • $2,900,000

      Versatile Commercial Space Near Downtown

      Over 14,000 sq ft near historic downtown Alachua.
      15043 Main St, Alachua, FL 32615
      View Details
    • $299,000

      Downtown Alachua Office/Residential Opportunity

      Vintage 3BR/2BA property in Alachua Historic District. Office/Residential zoning.
      14819 NW 140Th St, Alachua, FL 32615
      View Details
    • Contact for pricing
      1,930 SF

      Freestanding Popeyes Restaurant in Alachua

      Single tenant NNN Popeyes in Alachua, Florida for sale.
      15655 NW Us Highway 441, Alachua, FL 32615
      View Details
    • Contact for pricing
      6,804 SF

      Historic Building in Vibrant Downtown

      Versatile property in Alachua's downtown, ideal for various ventures.
      14603 Main St, Alachua, FL 32615
      View Details
    • $800,000
      Pending

      Alachua Church Building on Highway

      Church building on 3+ acres fronting Highway 441 in Alachua.
      16313 NW Us Highway 441, Alachua, FL 32615
      View Details
    • $299,000

      Historic Alachua Office/Residential Opportunity

      Vintage 3BR/2BA home in Alachua Historic District with office/residential zoning.
      14819 Nw 140Th St, Alachua, FL 32615
      View Details
    • $1,325,000
      7,354 SF

      Alachua Office Building - Progress Park

      Prime Alachua Office Space, 7,354 sq ft
      13500 Progress Blvd, Alachua, FL 32615
      View Details
    • $2,349,900
      11,985 SF

      Alachua Industrial Flex Space

      New Construction, 11,985 SF Flex Space
      14000 Nano Ct, Alachua, FL 32615
      View Details

    FAQs

    What type of property is this?
    Commercial land - 1.98-acre commercial land with high visibility in Alachua, Florida.
    Where is this commercial land located?
    The property is located at 15281 Northwest Us Highway 441 Alachua, FL.
    What is the asking price?
    The asking price for this property is $1,950,000.
    What are key features of this property?
    This property features: - High visibility location with over 375 feet of frontage on S US Hwy 441/ML King Blvd.; - Located on the primary corridor with high traffic volume (24,000+ vehicles daily).; - 1.98-acre parcel ready for development.
    (352) 281-3942
    Request Owner's contact information
    15281 Northwest Us Highway 441 Alachua, FL 32615
    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.
    15281 Northwest Us Highway 441
    Alachua, FL 32615
    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
    15281 Northwest Us Highway 441 Alachua, FL 32615
    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
    James Sapp
    (352) 281-3942
    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!