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

    14709 NW 129Th Ter Alachua, FL 32615

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

    118-unit storage facility totaling 11,200 SF in Alachua, Florida.

    Property size:
    11,200 SF

    Property Features for 14709 NW 129Th Ter

    General Information

    Standard status
    Active
    Size
    11,200 SF

    Building Details

    Year built
    1978

    We can help!

    Listing Contact
    Korey Noble
    Source: Crexi

    Listing Agency: TriCore Investment Group LLC Listing Agent: Korey Noble

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

    Learn more

    Overview

    Alachua Storage Facility For Sale

    Located at 14709 NW 129th Terrace in Alachua, Florida, People’s Choice Storage Alachua consists of 118 drive-up storage units, totaling 11,200 square feet. The facility is situated 2 miles east of I-75 and 15 miles northwest of Gainesville, just off US 441, the primary North/South thoroughfare in Alachua County. Unit sizes range from 25 to 200 square feet, averaging 95 square feet across all unit types. The property is currently 69.5% occupied by unit count and 78.1% occupied by square footage, with an economic occupancy of 70.5%.
    Location Intelligence

    Current Use by Public Records

    People's Choice Storage ... Storage Facility

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Alachua
    County
    Alachua
    State
    Florida
    Longitude
    -82.4831651
    Latitude
    29.7903661

    Nearby Similar for Sale

    • $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
    • $349,000
      2,032 SF

      Office/Residential Building in Alachua

      Office/Residential building with multiple possibilities in Alachua, Florida.
      14819 NW 140Th St, 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
    • $450,000
      Pending

      Alachua Retail Building on Acre

      Versatile retail building with commercial lots in Alachua, Florida.
      14400 NW 140Th St, Alachua, FL 32616
      View Details
    • $2,750,000

      Versatile Commercial Space Near Downtown

      14,000+ sq ft commercial space near historic downtown Alachua.
      15043 Main St, Alachua, FL 32615
      View Details
    • $2,750,000

      Versatile Commercial Space Near Downtown

      Over 14,000 sq ft near historic downtown Alachua.
      15043 Main St, Alachua, FL 32615
      View Details
    • $1,069,000
      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
    • $450,000

      Farmhouse on Spacious Acreage

      Charming farmhouse on 5.5 acres, perfect for country living.
      15024 NW 89Th 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
    • $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
    • Contact for pricing
      3,293 SF

      Freestanding Office Building in Turkey Creek

      Visible, functional office building with golf course views in Alachua.
      11820 Turkey Creek Blvd, Alachua, FL 32615
      View Details
    • Contact for pricing
      1,768 SF

      Turnkey Café/Retail Opportunity

      Move-in ready space with established business, redevelopment potential.
      15089 NW Us Highway 441, Alachua, FL 32615
      View Details

    FAQs

    What type of property is this?
    Self storage facility - 118-unit storage facility totaling 11,200 SF in Alachua, Florida.
    Where is this self storage facility located?
    The property is located at 14709 NW 129Th Ter Alachua, FL.
    What are key features of this property?
    This property features: - Located 2 miles east of I-75, providing **convenient access**.; - Comprised of 118 drive-up storage units, offering **ease of access for tenants**.; - Totaling 11,200 square feet of storage space.
    Request Owner's contact information
    14709 NW 129Th Ter 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.
    14709 NW 129Th Ter
    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
    14709 NW 129Th Ter 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
    Korey Noble
    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!