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

    14451 W NEWBERRY ROAD Newberry, FL 32669

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    8,300+ SF retail space in Tioga Market.

    Type:Special Purpose
    Property size:
    8,375 SF
    Added:
    Mar 17, 2026
    Days on Market:
    17
    Last Refresh:
    Mar 20 at 12:01 am

    Property Features for 14451 W NEWBERRY ROAD

    General Information

    Standard status
    Active
    Size
    8,375 SF
    Property subtype
    Special Purpose

    Building Details

    Year Built
    2005

    We can help!

    Listing Contact
    Gavin Johnson

    Listing agent Gavin Johnson License #SL3287999

    Listing office Better Homes and Gardens Real Estate Thomas Group

    Listing date Mar 17, 2026

    Source Crexi

    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 Better Homes and Gardens Real Estate Thomas Group

    Overview

    Retail Space on Newberry Road

    Located at the intersection of W Newberry Road and NW 143rd ST, this retail space offers an opportunity to own over 8,300 square feet in the Tioga market of western Alachua County. The property is situated near national retailers such as Publix, Starbucks, CVS, Walgreens, Tractor Supply, McDonalds, and Sherwin-Williams, along with numerous other restaurants, shops, and offices. Suite A, comprising 5,761 square feet, will be delivered vacant, presenting a premium opportunity for an owner-user or for leasing to achieve a noteworthy return. Suites B & C, totaling 2,614 square feet, are leased to Goodwill Industries through 2034, generating a near six-figure annual return.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Newberry
    County
    Alachua
    State
    Florida
    Longitude
    -82.4977628
    Latitude
    29.6535027

    Nearby Similar for Sale

    • $3,379,000
      8,375 SF

      Newberry Retail Space For Sale

      Prime retail space in Tioga market with existing tenant.
      14451 W NEWBERRY ROAD, NEWBERRY, FL 32669
      View Details
    • $649,900
      1,896 SF

      Newberry Farm with In-Law Suite

      5.09-acre farm with main house, in-law suite, and barn.
      5864 NW STATE ROAD 45, NEWBERRY, FL 32669
      View Details
    • $565,000
      1,271 SF

      Newberry Industrial Property on 1.63 Acres

      Well-maintained industrial building on 1.63 acres, Newberry, Florida.
      873 STATE RD 45, Newberry, FL 32669
      View Details
    • $700,000
      25,256 SF

      Renovated Office and Lab Space

      Redeveloped office and lab space in Jonesville's Equilease Park.
      404 Southwest 140th Terrace, Newberry, FL 32669
      View Details
    • $950,000
      1,508 SF

      Prime Location Commercial Property

      1.09 acres with State Road 26 frontage.
      24809 Newberry Rd, Newberry, FL 32669
      View Details
    • $1,225,000

      Newberry Commercial Park Flex Space

      Flex space in Newberry with office and warehouse options.
      25145 & 25355 NW 8th Pl, Newberry, FL 32669
      View Details
    • $649,900
      1,584 SF

      Newberry Farm Living

      5-acre farm with main house and in-law suite.
      5864 NW STATE ROAD 45, Newberry, FL 32669
      View Details
    • $895,000
      27,000 SF

      Jonesville Campus-Style Site For Sale

      Three-building campus on 4.3 acres in Jonesville.
      410 SW 140 TERRACE, NEWBERRY, FL 32669
      View Details
    • $3,749,000

      Newberry Estate with Sprawling Pasture

      Exceptional country estate on 65.9 acres near Gainesville and UF.
      4107 SW State Rd 45 Newberry Road, FL 32669, Newberry, FL 32669
      View Details
    • $1,100,000
      1,305 SF

      Corner Retail Opportunity in Newberry

      High-visibility corner lot on major thoroughfare in Newberry, Florida.
      10 NW 250TH STREET, NEWBERRY, FL 32669
      View Details
    • $1,225,000
      14,000 SF

      Newberry Commercial Park Industrial Opportunity

      Prime industrial opportunity in Newberry Commercial Park with investment potential.
      25145 NW 8 Pl, Newberry, FL
      View Details
    • $4,200,000
      32,450 SF

      Newberry Commercial Property For Sale

      32,450 SF commercial property in Newberry, Florida.
      1556 SW State Rd 45, Newberry, FL 32669
      View Details

    FAQs

    What type of property is this?
    Retail space - 8,300+ SF retail space in Tioga Market.
    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 $3,379,000.
    What are key features of this property?
    This property features: Prime location on busy Newberry Road in the Tioga market.; Over 8,300 square feet of total retail space.; Suite B & C leased to Goodwill Industries through 2034, generating near six‑figure annual income.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Gavin Johnson
    Real Estate License ID: SL3287999
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!