Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Commercial Space on Archer Road Title is generated by Realmo AI

    16923 SW Archer Road, Archer, FL 32618

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Flexible commercial space with frontage on SW Archer Road.

    Type:Industrial
    Property size:
    3,632 SF
    Price / SF:
    $130/SF
    Added:
    Nov 21, 2025
    Days on Market:
    173
    Last Refresh:
    Mar 17 at 1:18 pm

    Property Features for 16923 SW Archer Road

    General Information

    Standard status
    Active
    Size
    3,632 SF
    Property subtype
    Industrial

    We can help!

    Listing Contact
    Craig Carter

    Listing agent Craig Carter License #FL

    Listing office Coldwell Banker M. M. Parrish Realtors

    Listing date Nov 21, 2025

    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 Coldwell Banker M. M. Parrish Realtors

    HighLights

    • High‑visibility location with direct frontage and signage on SW Archer Road (State Road 24).
    • ± 3,632 SF of flexible commercial space including 672 SF of office space.
    • Situated on a busy corridor with strong daily traffic counts.
    • Suitable for a variety of retail, service, or light industrial uses.
    • Convenient access and minutes from downtown Archer.
    • Located 15 minutes from Gainesville and surrounded by established businesses and growing residential neighborhoods.

    Overview

    This commercial space, located on SW Archer Road (State Road 24), offers frontage and is positioned along a corridor connecting Gainesville and Archer. The property contains approximately 3,632 square feet of flexible commercial space, including 672 square feet of office space. It is located minutes from downtown Archer and 15 minutes from Gainesville, surrounded by established businesses and growing residential neighborhoods. The property is suitable for retail, service, or light industrial uses due to its visibility, access, and traffic counts.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    NAPA Auto Parts ... Auto Parts Store

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Auto Repair Shop Big Box & Wholesale Store Hair Salon Nail Salon Auto Parts Store Kitchen & Bath Showroom

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

    Location Insight

    • Map
    • Local Demand
    City
    Archer
    County
    Alachua
    State
    Florida
    Longitude
    -82.5220639
    Latitude
    29.5348283

    Nearby Similar for Sale

    • $1,700,000
      16,440 SF

      Mini Storage on Archer Road

      Mini storage facility with six buildings on 2.51 acres.
      16881 SW ARCHER ROAD, ARCHER, FL 32618
      View Details
    • $344,900

      Equestrian Property with Prime Location

      Meticulously maintained 5.89-acre farm, move-in ready for horses.
      9106 SW 124 STREET, ARCHER, FL 32618
      View Details
    • $701,999

      Freestanding Dollar General Store

      Single tenant Dollar General store in Archer, Florida for sale.
      13470 SW State Road 45, Archer, FL 32618
      View Details
    • $1,700,000
      16,440 SF

      Mini Storage on Archer Road

      Mini storage facility with six buildings on 2.51 acres.
      16881 SW ARCHER Rd, Archer, FL 32618
      View Details
    • $1,700,000
      16,440 SF

      Archer Road Mini Storage Facility

      Mini storage facility on 2.51 acres available for sale.
      16881 SW Archer Road Archer, FL 32618
      View Details
    • $2,500,000

      Established Grocery Store in Archer

      Thriving country grocery store with loyal customer base and growth potential.
      12859 Sw State Road 45, ARCHER, FL, 32618-5684
      View Details

    FAQs

    What type of property is this?
    Flex space - Flexible commercial space with frontage on SW Archer Road.
    Where is this flex space located?
    The property is located at 16923 SW Archer Road Archer, FL.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: High‑visibility location with direct frontage and signage on SW Archer Road (State Road 24).; ± 3,632 SF of flexible commercial space including 672 SF of office space.; Situated on a busy corridor with strong daily traffic counts.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Craig Carter
    Real Estate License ID: FL
    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

    Thank You for Inquiry
    16923 SW Archer Road, Archer, FL 32618
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!