Flex Space with Highway
For Sale
$650,000
17313 NE US HWY 301, Waldo, FL 32694
BH-zoned space includes a concrete-block building and an on-site parking lot.
Property Size8,613 SF
Price / SF$75.47
Days on Market149
Property Features for 17313 NE US HWY 301
General Information
Standard status
Active
Size
8,613 SF
Property subtype
Retail
Zoning
BH
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$9,197
Building Details
Building Size
8,613 SF
Year Built
1946
Construction
concrete block
Listing Agency:
CRYSTAL SNOOK REAL ESTATE
Listed By:
Ashley Sexton · License #3415414
(352) 630-5270
Source:
Ansonproperties
Added: Jun 2
Changed: Oct 26
Last Checked: Oct 26 at 3:51PM
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 CRYSTAL SNOOK REAL ESTATE
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This flex property in Waldo comprises 8,613 square feet of concrete-block construction and was built in 1946. An on-site parking lot serves the property. Its BH (Business Highway) zoning is identified with potential commercial applications such as warehousing, storage, manufacturing, distribution, and light industrial use; permitted uses and development requirements should be confirmed with the appropriate authorities.
The property fronts US Highway 301 at 17313 NE US Highway 301. Its highway location and parking lot are the principal site features noted for business operations.
The property fronts US Highway 301 at 17313 NE US Highway 301. Its highway location and parking lot are the principal site features noted for business operations.
Key Highlights
- 8,613 square feet of concrete‑block building space
- BH (Business Highway) zoning
- Frontage on US Highway 301 in Waldo, Florida
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,422
Cap Rate
8.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,168,440
$1.2M
Cap Rate 7%
$834,600
$834.6K
Cap Rate 9%
$649,133
$649.1K
Market Conditions
NOI Build-Up for 8,613 SF
Gross rent
$87.9K $10.20/SF
− Vacancy
−$4.4K −$0.51/SF
EGI
$83.5K $9.69/SF
− OpEx
−$25.0K −$2.91/SF
NOI
$58.4K $6.78/SF
Area
Alachua County, FL
Vacancy
5.00%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,168,440
Cap Rate 7%
$834,600
Cap Rate 9%
$649,133
Alternative Uses
Best Use
Flex RnD
$1.15M
$1.01M – $1.35M
NOI $80,786 @ 7.0% cap · market cap 12.43%
Second Best
Warehouse
$898.9K
$786.6K – $1.05M
NOI $62,924 @ 7.0% cap · market cap 9.68%
Theoretical Best
Office A
$2.17M
$1.90M – $2.53M
NOI $151,995 @ 7.0% cap · market cap 23.38%
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
Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
56
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32694, FL
1,962
Population
1,305
Households
1.5
Avg Household Size
48
Median Age
24%
College-Educated
84%
High-School Grad
29.3 sq mi
ZIP Area
67
Density / Sq Mi
$40,455
Median Household Income
$36,862
Median Earnings
$673
Median Rent
$121,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - BH-zoned space includes a concrete-block building and an on-site parking lot.
Where is this flex space located?
The property is located at 17313 NE US HWY 301 Waldo, FL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 8,613 square feet of concrete‑block building space; BH (Business Highway) zoning; Frontage on US Highway 301 in Waldo, Florida
