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High-Clearance Warehouse With Yard
For Sale
$885,000

22429 S US HIGHWAY 441, High Springs, FL 32643

Commercial Sale, HIGH SPRINGS, FL

Property Size6,627 SF
Lot Size4.00 Acres
Price / SF$133.54
Days on Market66

Property Features for 22429 S US HIGHWAY 441

General Information

Property type Commercial Sale
Property subtype Other
Directions From High Springs take HWY 441 and the property is on the right
Subdivision 32643 - High Springs
Standard status Active
APN 15-7S-17-09998-000
Size 6,627 SF
Lot size 4.00 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description BEG 100 FT E OF SW COR OF NW1/4 OF SW1/4, N 371.35 FT, E 180 FT, S 20 FT, E 302.82 FT, S 351.35 FT, W 482.82 FT TO POB. DC 638-164, 815-964,
Tax Annual Amount 5325
Legal Description BEG 100 FT E OF SW COR OF NW1/4 OF SW1/4, N 371.35 FT, E 180 FT, S 20 FT, E 302.82 FT, S 351.35 FT, W 482.82 FT TO POB. DC 638-164, 815-964,

Utilities

Utilities Electricity Available
Cooling system Central Air

Amenities

reception area
conference rooms
kitchen
dining area

Building Details

Year built 1973
Floors in Building 1
Building materials Metal Frame
Roof type Metal
Listing Agency: SECURE INVESTMENTS REALTY & MA
Listed By: Tanya Chappell · License #560030
Added: Aug 7 Changed: Oct 2 Last Checked: Oct 11 at 6:06PM
MLS# GC542561

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 warehouse property combines a metal-frame building with a substantial outdoor yard and covered equipment storage. The warehouse offers approximately 20-foot eave height, five grade-level roll-up doors measuring 14 feet by 12 feet, electricity, and room for vehicle, trailer, equipment, or material handling. A four-bay covered carport and more than 30 parking spaces support daily operations. The site encompasses approximately four acres with direct frontage on US Highway 441, providing highway exposure and practical access for commercial vehicles.

The property also includes a three-bedroom, two-bath house currently configured for office use. Its layout includes a reception area, multiple private rooms, kitchen and dining areas, a pantry with telephone and internet wiring, a two-car attached garage, and an additional detached garage. The improvements were built in 1973 and feature central air and a metal roof.

Key Highlights

  • Approximately 4 acres with direct US Highway 441 frontage
  • Warehouse with approximately 20‑foot eave height
  • Five 14‑foot‑by‑12‑foot grade‑level roll‑up doors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$62,158
Cap Rate
7.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,243,160 $1.2M
Cap Rate 7%
$887,971 $888.0K
Cap Rate 9%
$690,644 $690.6K
Market Conditions
NOI Build-Up for 6,627 SF
Gross rent
$103.4K $15.60/SF
− Vacancy
−$7.8K −$1.17/SF
EGI
$95.6K $14.43/SF
− OpEx
−$33.5K −$5.05/SF
NOI
$62.2K $9.38/SF
Area
Alachua County, FL
Vacancy
7.50%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,243,160
Cap Rate 7%
$887,971
Cap Rate 9%
$690,644

Alternative Uses

Best Use
Office B
$1.18M
$1.03M – $1.38M (±1% cap)
NOI $82,665 @ 7.0% cap · market cap 9.34%
Second Best
Flex RnD
$888.0K
$777.0K – $1.04M (±1% cap)
NOI $62,158 @ 7.0% cap · market cap 7.02%
Theoretical Best
Office A
$1.67M
$1.46M – $1.95M (±1% cap)
NOI $116,948 @ 7.0% cap · market cap 13.21%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Auto Repair Shop Storage Facility Garden Center Big Box & Wholesale Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Drive-in doors
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

6
Businesses Nearby
Well-served
Demand for This Use

Demographics for 32643, FL

12,549
Population
4,487
Households
2.8
Avg Household Size
44
Median Age
25%
College-Educated
90%
High-School Grad
112.1 sq mi
ZIP Area
112
Density / Sq Mi
$69,871
Median Household Income
$40,458
Median Earnings
$1,515
Median Rent
$254,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Warehouse - Highway-fronted industrial property includes covered storage, vehicle circulation, and a separate office-oriented house.
Where is this warehouse located?
The property is located at 22429 S US HIGHWAY 441 High Springs, FL.
What is the asking price?
The asking price for this property is $885,000.
What are key features of this property?
This property features: Approximately 4 acres with direct US Highway 441 frontage; Warehouse with approximately 20‑foot eave height; Five 14‑foot‑by‑12‑foot grade‑level roll‑up doors
More about this property
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