Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Land Available in Newberry, Florida Title is generated by Realmo AI

    684 SW 139TH COURT, Newberry, FL 32669

    View on Map
    Claim this Listing
    For Sale
    $215,000

    Land for sale in Alachua County, Newberry, Florida.

    Type:Land
    Added:
    Jan 14, 2025
    Days on Market:
    506
    Last Refresh:
    May 23 at 2:23 am

    Property Features for 684 SW 139TH COURT

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    Tiffany Thomas
    Tiffany Thomas

    Listing agent Tiffany Thomas License #3155356

    Listing office Thomas Group Realty, LLC

    Listing date Jan 14, 2025

    Source Evrealestate

    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 Thomas Group Realty, LLC

    HighLights

    • Location: East of SW 143 St and SW 8 Ave
    • County: Alachua
    • Specific Location: Wimberley (on left from SW 8 Ave)
    • Directions provided for easy access
    • Property Details available
    • Situated on SW 8 Ave

    Overview

    Located off SW 143 St and SW 8 ave, east on 8th ave to Wimberley on left, this land is available for purchase in Newberry, Florida, within Alachua County.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center Big Box & Wholesale Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Newberry
    County
    Alachua
    State
    Florida
    Longitude
    -82.5949
    Latitude
    29.645

    Nearby Similar for Sale

    • $3,379,000
      8,375 SF

      Newberry Retail Space For Sale

      Prime retail space in Tioga market with existing tenant.
      14451 W NEWBERRY ROAD, NEWBERRY, FL 32669
      View Details
    • $2,690,000
      2,414 SF

      Equestrian Property in Marlboro Farms

      37-acre equestrian facility with 40 stalls and residential duplex.
      16525 SW 5TH PLACE, NEWBERRY, FL 32669
      View Details
    • $614,900
      1,896 SF

      Newberry Farm with In-Law Suite

      5.09-acre Newberry farm featuring a main house and in-law suite.
      5864 NW STATE ROAD 45, NEWBERRY, FL 32669
      View Details
    • $355,000

      Newberry Commercial Property on SR45

      Commercial property with high visibility and traffic count on SR45.
      285 SW 250 St, Newberry, FL 32669
      View Details
    • $1,250,000

      Sprawling Land in Gated Community

      25+ acre lot in Barrington, Newberry, FL.
      TBD SW 170TH STREET, NEWBERRY, FL 32669
      View Details
    • $600,000
      2,042 SF

      Approved Day Care Facility Opportunity

      1.32 acre lot near Newberry, Florida, suitable for daycare.
      24621 DOC KARELAS DRIVE, NEWBERRY, FL 32669
      View Details
    • $600,000

      Day Care Facility on Large Lot

      Approved day care facility on 1.32 acres in Newberry.
      24621 DOC KARELAS Dr, Newberry, FL 32669
      View Details
    • $700,000
      25,256 SF

      Renovated Office and Lab Space

      Redeveloped office and lab space in Jonesville's Equilease Park.
      404 Southwest 140th Terrace, Newberry, FL 32669
      View Details
    • $274,000

      Kingston Homesite: Wooded Corner Lot

      3-acre wooded corner homesite in the Kingston community.
      Tbd NW 152ND COURT, NEWBERRY, FL 32669
      View Details
    • $289,000

      Newberry Land Homesite Opportunity

      3-acre wooded homesite in the Kingston community.
      2651 NW 152ND COURT, NEWBERRY, FL 32669
      View Details
    • $198,860

      Residential Land in Tioga Community

      Land for dream home in amenity-rich Tioga community.
      13485 SW 9TH ROAD, NEWBERRY, FL 32669
      View Details
    • $1,300,000

      Residential Land in Newberry, Florida

      5.81 acre residential land parcel in Newberry, Florida.
      817 SW 143RD STREET, NEWBERRY, FL 32669
      View Details

    FAQs

    What type of property is this?
    Land - Land for sale in Alachua County, Newberry, Florida.
    Where is this land located?
    The property is located at 684 SW 139TH COURT Newberry, FL.
    What is the asking price?
    The asking price for this property is $215,000.
    What are key features of this property?
    This property features: Location: East of SW 143 St and SW 8 Ave; County: Alachua; Specific Location: Wimberley (on left from SW 8 Ave)
    (352) 316-5556
    We can help!
    Listing Contact
    Tiffany Thomas
    Tiffany Thomas
    Real Estate License ID: 3155356
    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
    684 SW 139TH COURT, NEWBERRY, FL 32669
    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!