Mixed-Use Property with
For Sale
$2,000,000
5616 SE US HIGHWAY 301, Hawthorne, FL 32640
Commercial Sale, Hawthorne, FL
Property Size7,646 SF
Lot Size1.72 Acres
Price / SF$261.57
Days on Market22
Property Features for 5616 SE US HIGHWAY 301
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Parking features
Parking Lot
Fencing
Chain Link
Accessibility
Accessible Approach with Ramp
Subdivision
Metes & Bounds
Lot features
Cleared, Corner Lot, Few Trees
Directions
From the light at US Highway 301 and State Road 20, head North on US Highway toward SE 73rd Ave on SE US Highway 301. Make a U-Turn at SE 73rd Ave onto SE US Highway 301 for 1.2 miles to the property located on R, across the street from the Love's Truck Stop
Standard status
Active
APN
19304-000-000
Size
7,646 SF
Lot size
1.72 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
8407
Utilities
Utilities
Electricity Available
Sewer type
Public Sewer
Heating system
Electric (Heating), Zoned, Central
Cooling system
Central Air
Water source
Well
Amenities
chain-link fence
400-amp 3-phase electric
plumbed for 2 bathrooms
Building Details
Year built
1968
Floors in Building
1
Number of units
2
Flooring type
Concrete
Building materials
Aluminum Siding, Block, Concrete
Roof type
Metal
Listing Agency:
CB ISAAC REALTY
(352) 475-2199
Listed By:
NAOMI JANACE ARMISTEAD · License #611248
(352) 478-6282
Added: Sep 16
Changed: Oct 6
Last Checked: Oct 7 at 5:06AM
MLS# 2165260
Copyright © 2026 realMLS. 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.
The property includes two commercial buildings totaling 7,646 square feet on 1.72 acres. The front building contains approximately 2,896 square feet, while the rear metal shop and storage building measures 4,950 square feet. The rear structure has a 50-by-95-foot footprint, a 5-foot concrete slab reinforced with rebar, a sprinkler system, 400-amp, three-phase electric service, and plumbing for two bathrooms. The site is chain-link fenced, with paved frontage along US Highway 301.
Key Highlights
- Two commercial buildings totaling 7,646 square feet
- 1.72‑acre site with approximately 329 feet of paved frontage on US Highway 301
- Front building contains approximately 2,896 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$88,311
Cap Rate
4.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,766,220
$1.8M
Cap Rate 7%
$1,261,586
$1.3M
Cap Rate 9%
$981,233
$981.2K
Market Conditions
NOI Build-Up for 7,646 SF
Gross rent
$160.6K $21.00/SF
− Vacancy
−$19.3K −$2.52/SF
EGI
$141.3K $18.48/SF
− OpEx
−$53.0K −$6.93/SF
NOI
$88.3K $11.55/SF
Area
Alachua County, FL
Vacancy
12.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,766,220
Cap Rate 7%
$1,261,586
Cap Rate 9%
$981,233
Alternative Uses
Best Use
Mixed Use
$1.26M
$1.10M – $1.47M
NOI $88,311 @ 7.0% cap · market cap 4.42%
Second Best
Retail
$1.19M
$1.04M – $1.39M
NOI $83,449 @ 7.0% cap · market cap 4.17%
Theoretical Best
Office A
$1.93M
$1.69M – $2.25M
NOI $134,930 @ 7.0% cap · market cap 6.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Sprinkler system
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
139
Businesses Nearby
Explore this area
Business Placement
Demographics for 32640, FL
10,281
Population
5,353
Households
1.9
Avg Household Size
51
Median Age
14%
College-Educated
84%
High-School Grad
187.7 sq mi
ZIP Area
55
Density / Sq Mi
$58,727
Median Household Income
$35,833
Median Earnings
$959
Median Rent
$153,600
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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two commercial structures provide storefront space alongside a substantial rear shop and storage building.
Where is this mixed-use property located?
The property is located at 5616 SE US HIGHWAY 301 Hawthorne, FL.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Two commercial buildings totaling 7,646 square feet; 1.72‑acre site with approximately 329 feet of paved frontage on US Highway 301; Front building contains approximately 2,896 square feet
