Retail Building with Leased
14451 W NEWBERRY Road, Newberry, FL 32669
For Sale
$2,930,000
Commercial Sale, NEWBERRY, FL
Property Size8,375 SF
Lot Size0.96 Acres
Price / SF$349.85
Days on Market240
Property Features for 14451 W NEWBERRY Road
General Information
Property type
Property subtype
Zoning
Directions
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Cooling system
Building Details
Year built
Floors in Building
Building materials
Listing Agency:
BHGRE THOMAS GROUP · Better Homes and Gardens Real Estate
(352) 226-8228
Listed By:
Gavin Johnson · License #3287999
(352) 665-1093
Added: Mar 13
Changed: Oct 26
Last Checked: Nov 7 at 4:06AM
MLS# GC538562
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 8,375-square-foot retail property, built in 2005, includes three suites totaling 5,761 square feet in Suite A and 2,614 SF across Suites B and C. Suite A is scheduled for delivery vacant, while Suites B and C are leased to Goodwill Industries through 2034. The building features block construction and central air conditioning, with BH zoning.
Positioned along W Newberry Road in Newberry, the property sits within the Tioga market of western Alachua County. The surrounding retail environment includes Publix, Starbucks, CVS, Walgreens, Tractor Supply, McDonald's, Sherwin-Williams, restaurants, shops, and offices. The 0.96-acre site combines an owner-user component with existing leased occupancy.
Positioned along W Newberry Road in Newberry, the property sits within the Tioga market of western Alachua County. The surrounding retail environment includes Publix, Starbucks, CVS, Walgreens, Tractor Supply, McDonald's, Sherwin-Williams, restaurants, shops, and offices. The 0.96-acre site combines an owner-user component with existing leased occupancy.
Key Highlights
- 8,375‑square‑foot retail property on 0.96 acres
- Suite A contains 5,761 square feet and will be delivered vacant
- Suites B and C total 2,614 SF and are leased to Goodwill Industries through 2034
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$91,406
Cap Rate
3.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,828,120
$1.8M
Cap Rate 7%
$1,305,800
$1.3M
Cap Rate 9%
$1,015,622
$1.0M
Market Conditions
NOI Build-Up for 8,375 SF
Gross rent
$142.7K $17.04/SF
− Vacancy
−$12.1K −$1.45/SF
EGI
$130.6K $15.59/SF
− OpEx
−$39.2K −$4.68/SF
NOI
$91.4K $10.91/SF
Area
Alachua County, FL
Vacancy
8.50%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,828,120
Cap Rate 7%
$1,305,800
Cap Rate 9%
$1,015,622
Alternative Uses
Best Use
Retail
$1.31M
$1.14M – $1.52M
NOI $91,406 @ 7.0% cap · market cap 3.12%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.11M
$1.85M – $2.46M
NOI $147,795 @ 7.0% cap · market cap 5.04%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
397
Businesses Nearby
155k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 32%
Dining 31%
Shops & Services 21%
Home Improvements & Furnishings 15%
Publix
Groceries
49,037 visits/mo
0.3 miles
McDonald's
Dining
21,234 visits/mo
0.3 miles
Circle K
Shops & Services
16,709 visits/mo
0.1 miles
Starbucks
Dining
16,147 visits/mo
0.3 miles
Tractor Supply Co.
Home Improvements & Furnishings
12,213 visits/mo
0.2 miles
Demographics for 32669, FL
15,890
Population
7,054
Households
2.3
Avg Household Size
40
Median Age
42%
College-Educated
98%
High-School Grad
98.6 sq mi
ZIP Area
161
Density / Sq Mi
$102,335
Median Household Income
$56,150
Median Earnings
$1,657
Median Rent
$308,000
Median Home Value
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Market
Average Price Trend$/SF for Retail space in Alachua County, FL
Properties on Market for Retail space in Alachua County
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Block construction, central air, and a mix of vacant and leased space support flexible occupancy planning.
Where is this retail space located?
The property is located at 14451 W NEWBERRY Road Newberry, FL.
What is the asking price?
The asking price for this property is $2,930,000.
What are key features of this property?
This property features: 8,375‑square‑foot retail property on 0.96 acres; Suite A contains 5,761 square feet and will be delivered vacant; Suites B and C total 2,614 SF and are leased to Goodwill Industries through 2034
