Two-Building Warehouse
New
For Sale
Contact for pricing
13935 NW Us Highway 441, Alachua, FL 32615
Two warehouse buildings offer covered loading, roll-up door access, and adaptable industrial space.
Property Size20,000 SF
Lot Size2.87 Acres
Price / SF$142.50
Days on Market5
Property Features for 13935 NW Us Highway 441
General Information
Standard status
Active
Size
20,000 SF
Lot size
2.87 Acres
Property subtype
Industrial
Warehouse & Industrial
Warehouse Space
20,000 SF
Dock-High Doors
2
Building Details
Buildings
2
Listing Agency:
Bosshardt Realty Services
Listed By:
Eric Ligman · License #3086548
(352) 256-2112
Source:
Crexi
Added: Sep 15
Changed: Sep 18
Last Checked: Sep 19 at 8:18AM
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 warehouse property includes two buildings totaling 20,000+ SF on 2.87 acres. The structures are linked by covered space and include heavy roll-up door access, two covered loading docks, and a built-in mezzanine. The layout also provides room for a lay-down yard or additional expansion, subject to applicable approvals.
The property fronts US 441 in Alachua, placing the facility along an established highway corridor. Its combination of covered loading, mezzanine space, and connected warehouse improvements supports a range of distribution, contractor, and light manufacturing operations.
The property fronts US 441 in Alachua, placing the facility along an established highway corridor. Its combination of covered loading, mezzanine space, and connected warehouse improvements supports a range of distribution, contractor, and light manufacturing operations.
Key Highlights
- 20,000+ SF across two warehouse buildings
- 2.87‑acre industrial property on US 441
- Two covered loading docks
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$146,115
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.13%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,922,300
$2.9M
Cap Rate 7%
$2,087,357
$2.1M
Cap Rate 9%
$1,623,500
$1.6M
Market Conditions
NOI Build-Up for 20,000 SF
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.
Gross rent
$180.0K $9.00/SF
− Vacancy
−$8.1K −$0.41/SF
EGI
$171.9K $8.59/SF
− OpEx
−$25.8K −$1.29/SF
NOI
$146.1K $7.31/SF
Area
Alachua County, FL
Vacancy
4.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,922,300
Cap Rate 7%
$2,087,357
Cap Rate 9%
$1,623,500
Alternative Uses
Best Use
Warehouse
$2.09M
$1.83M – $2.44M
NOI $146,115 @ 7.0% cap · market cap 5.13%
Second Best
Industrial
$1.94M
$1.70M – $2.26M
NOI $135,660 @ 7.0% cap · market cap 4.76%
Theoretical Best
Office A
$5.04M
$4.41M – $5.88M
NOI $352,944 @ 7.0% cap · market cap 12.38%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Dock-high doors
Location Intelligence
Trade Area within ½ mile
66
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32615, FL
16,524
Population
6,908
Households
2.4
Avg Household Size
44
Median Age
40%
College-Educated
95%
High-School Grad
137.8 sq mi
ZIP Area
120
Density / Sq Mi
$79,983
Median Household Income
$49,772
Median Earnings
$1,131
Median Rent
$289,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Similar Off Market Nearby
- Compass Self Storage — 14024 NW US Hwy 441, Alachua, FL 32615
- ADC Self Storage — 13701 nw us hwy 441, alachua, fl 32615
- Stor-All Self Storage of Alachua — 13701 nw us hwy 441, alachua, fl 32615
Frequently Asked Questions
What type of property is this?
Warehouse - Two warehouse buildings offer covered loading, roll-up door access, and adaptable industrial space.
Where is this warehouse located?
The property is located at 13935 NW Us Highway 441 Alachua, FL.
What is the asking price?
The asking price for this property is $2,850,000.
What are key features of this property?
This property features: 20,000+ SF across two warehouse buildings; 2.87‑acre industrial property on US 441; Two covered loading docks
