Six-Building Self Storage
For Sale
$1,500,000
16881 SW ARCHER Road, Archer, FL 32618
Commercial Sale, ARCHER, FL
Property Size16,440 SF
Lot Size2.51 Acres
Price / SF$91.24
Days on Market188
Property Features for 16881 SW ARCHER Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
I
Directions
Heading west on Archer Rd (SR 26), go approx 8 miles past the intersection of Archer Rd and Tower Road.
Subdivision
32618 - Archer
Standard status
Active
APN
04922-006-000
Size
16,440 SF
Lot size
2.51 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
COM NW COR SEC S 1198 FT N 51 DEG E 549.56 FT POB N 51 DEG E 246.25 FT S 22 DEG E 186.77 FT S 51 DEG W 198.71 N 37 DEG W 183 FT POB OR 4380/1679
Tax Annual Amount
11537
Legal Description
COM NW COR SEC S 1198 FT N 51 DEG E 549.56 FT POB N 51 DEG E 246.25 FT S 22 DEG E 186.77 FT S 51 DEG W 198.71 N 37 DEG W 183 FT POB OR 4380/1679
Building Details
Year built
1999
Building materials
Metal Frame
Roof type
Metal
Listing Agency:
COLDWELL BANKER M.M. PARRISH REALTORS · Coldwell Banker Real Estate
(352) 335-4999
Listed By:
Craig Carter · License #SL3346602
(352) 339-4038
Added: Feb 20
Changed: Aug 25
Last Checked: Aug 27 at 3:06PM
MLS# GC537652
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.
Investment Insights
Based on property information with market context.
This self-storage property comprises six metal-frame buildings totaling 16,440 square feet on a 2.51-acre site. Constructed in 1999, the improvements feature metal roofing and are situated within an industrial zoning designation.
The property is located at 16881 SW Archer Road in Archer, Florida, within Alachua County. The offering includes the mini-storage parcels identified as 04922-006-000 and 04922-000-000, providing a defined site and building package for a storage-focused acquisition.
The property is located at 16881 SW Archer Road in Archer, Florida, within Alachua County. The offering includes the mini-storage parcels identified as 04922-006-000 and 04922-000-000, providing a defined site and building package for a storage-focused acquisition.
Key Highlights
- Six buildings with 16,440 SF of total building area
- 2.51‑acre self‑storage site
- Industrial zoning designation: I
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
$134,851
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
8.99%
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%
$2,697,020
$2.7M
Cap Rate 7%
$1,926,443
$1.9M
Cap Rate 9%
$1,498,344
$1.5M
Market Conditions
NOI Build-Up for 16,440 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
$207.1K $12.60/SF
− Vacancy
−$14.5K −$0.88/SF
EGI
$192.6K $11.72/SF
− OpEx
−$57.8K −$3.52/SF
NOI
$134.9K $8.20/SF
Area
Alachua County, FL
Vacancy
7.00%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
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%
$2,697,020
Cap Rate 7%
$1,926,443
Cap Rate 9%
$1,498,344
Alternative Uses
Best Use
Self Storage
$1.93M
$1.69M – $2.25M
NOI $134,851 @ 7.0% cap · market cap 8.99%
Second Best
Warehouse
$1.72M
$1.50M – $2.00M
NOI $120,107 @ 7.0% cap · market cap 8.01%
Theoretical Best
Office A
$4.14M
$3.63M – $4.84M
NOI $290,120 @ 7.0% cap · market cap 19.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
137
Businesses Nearby
Explore this area
Business Placement
Demographics for 32618, FL
7,183
Population
3,561
Households
2
Avg Household Size
44
Median Age
27%
College-Educated
92%
High-School Grad
92.0 sq mi
ZIP Area
78
Density / Sq Mi
$52,176
Median Household Income
$39,625
Median Earnings
$1,064
Median Rent
$195,000
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Self storage facility - Industrial-zoned storage property with multiple metal-frame buildings on Archer Road.
Where is this self storage facility located?
The property is located at 16881 SW ARCHER Road Archer, FL.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Six buildings with 16,440 SF of total building area; 2.51‑acre self‑storage site; Industrial zoning designation: I
