Highway-Frontage Office
For Sale
$280,000
7230 SE US HIGHWAY 301, Hawthorne, FL 32640
Its position on US Highway 301 connects the property to a major North Central Florida transportation corridor.
Property Size1,008 SF
Price / SF$277.78
Days on Market87
Property Features for 7230 SE US HIGHWAY 301
General Information
Standard status
Active
Size
1,008 SF
Property subtype
Office
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Condition
Move-in Ready
Property Use
Office
Taxes and HOA fees
Annual Taxes
$2,280
Building Details
Building Size
1,008 SF
Year Built
1985
Abandoned
No
Listing Agency:
CB ISAAC REALTY
Listed By:
Ronald Blake · License #652810
(352) 475-2199
Source:
Ansonproperties
Added: Aug 3
Changed: Oct 27
Last Checked: Oct 26 at 2:53PM
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 CB ISAAC REALTY
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Investment Insights
Based on property information with market context.
This 1,008-square-foot office property in Hawthorne was built in 1985. It is situated along US Highway 301, a North Central Florida transportation corridor.
Key Highlights
- 1,008 square feet of office space
- Built in 1985
- Located along US Highway 301 in Hawthorne
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,574
Cap Rate
4.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$251,480
$251.5K
Cap Rate 7%
$179,629
$179.6K
Cap Rate 9%
$139,711
$139.7K
Market Conditions
NOI Build-Up for 1,008 SF
Gross rent
$20.0K $19.80/SF
− Vacancy
−$3.2K −$3.17/SF
EGI
$16.8K $16.63/SF
− OpEx
−$4.2K −$4.16/SF
NOI
$12.6K $12.47/SF
Area
Alachua County, FL
Vacancy
16.00%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$251,480
Cap Rate 7%
$179,629
Cap Rate 9%
$139,711
Alternative Uses
Best Use
Office B
$179.6K
$157.2K – $209.6K
NOI $12,574 @ 7.0% cap · market cap 4.49%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$254.1K
$222.4K – $296.5K
NOI $17,788 @ 7.0% cap · market cap 6.35%
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
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
26
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
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Its position on US Highway 301 connects the property to a major North Central Florida transportation corridor.
Where is this office unit located?
The property is located at 7230 SE US HIGHWAY 301 Hawthorne, FL.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: 1,008 square feet of office space; Built in 1985; Located along US Highway 301 in Hawthorne
