Corner Retail Building with
For Sale
$625,000
25155 Newberry Road, Newberry, FL 32669
Nearly 5,000 sq. ft. corner retail building occupied by ACE Hardware, with additional storage or garage outbuilding.
Property Size4,875 SF
Price / SF$128.21
Days on Market116
Property Features for 25155 Newberry Road
General Information
Standard status
Active
Size
4,875 SF
Property subtype
Retail
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$7,785
Amenities
Central Air
3
Building Details
Year Built
1950
Listing Agency:
GLANZER REALTY, LLC
(352) 472-1771
Listed By:
Joy Glanzer · License #3094239
Source:
Xome
Added: Apr 17
Changed: Aug 8
Last Checked: Aug 9 at 4:40AM
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 GLANZER REALTY, LLC
Investment Insights
Based on property information with market context.
Nearly 5,000 sq. ft. commercial building on a corner lot in downtown Newberry. The property is currently occupied by ACE Hardware and includes additional storage/garage type outbuilding space.
The site sits with frontage on SR26 and is described as benefiting from high volume traffic. The overall site is over 1/2 acre, and the seller also indicates an additional 1/3 vacant acre behind ACE Hardware is available under a separate agreement.
Under that separate agreement, the seller states the additional parcel would create a larger assemblage with two corners, encompassing nearly half of the commercial block. The additional acre is not currently listed.
The site sits with frontage on SR26 and is described as benefiting from high volume traffic. The overall site is over 1/2 acre, and the seller also indicates an additional 1/3 vacant acre behind ACE Hardware is available under a separate agreement.
Under that separate agreement, the seller states the additional parcel would create a larger assemblage with two corners, encompassing nearly half of the commercial block. The additional acre is not currently listed.
Key Highlights
- Nearly 5,000 sq. ft. commercial corner retail building in downtown Newberry
- Currently occupied by ACE Hardware
- Over 1/2 acre corner lot with additional storage/garage‑type outbuilding
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
$53,206
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
8.51%
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%
$1,064,120
$1.1M
Cap Rate 7%
$760,086
$760.1K
Cap Rate 9%
$591,178
$591.2K
Market Conditions
NOI Build-Up for 4,875 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
$83.1K $17.04/SF
− Vacancy
−$7.1K −$1.45/SF
EGI
$76.0K $15.59/SF
− OpEx
−$22.8K −$4.68/SF
NOI
$53.2K $10.91/SF
Area
Alachua County, FL
Vacancy
8.50%
Lease Rate
$17.04 /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%
$1,064,120
Cap Rate 7%
$760,086
Cap Rate 9%
$591,178
Alternative Uses
Best Use
Retail
$760.1K
$665.1K – $886.8K
NOI $53,206 @ 7.0% cap · market cap 8.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.23M
$1.08M – $1.43M
NOI $86,030 @ 7.0% cap · market cap 13.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
29
Businesses Nearby
Explore this area
Business Placement
Demographics for 32669, FL
15,890
Population
7,054
Households
2.3
Avg Household Size
40
Median Age
42%
College-Educated
98%
High-School Grad
98.6 sq mi
ZIP Area
161
Density / Sq Mi
$102,335
Median Household Income
$56,150
Median Earnings
$1,657
Median Rent
$308,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Nearly 5,000 sq. ft. corner retail building occupied by ACE Hardware, with additional storage or garage outbuilding.
Where is this retail space located?
The property is located at 25155 Newberry Road Newberry, FL.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Nearly 5,000 sq. ft. commercial corner retail building in downtown Newberry; Currently occupied by ACE Hardware; Over 1/2 acre corner lot with additional storage/garage‑type outbuilding
