Highway-Front Office
For Sale
$280,000
7230 US HIGHWAY 301, Hawthorne, FL 32640
Central air and paved-road access support a functional office setting along a prominent US Highway corridor.
Property Size1,148 SF
Price / SF$243.90
Days on Market12
Property Features for 7230 US HIGHWAY 301
General Information
Standard status
Active
Size
1,148 SF
Property subtype
Office
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$2,280
Amenities
Central Air
3
US Highway, Paved Road.
Building Details
Year Built
1985
Listing Agency:
CB ISAAC REALTY
(352) 475-2199
Listed By:
Ronald Blake · License #652810
Source:
Xome
Added: Jul 29
Changed: Aug 9
Last Checked: Aug 9 at 4:48AM
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
Investment Insights
Based on property information with market context.
This commercial office unit provides 1,008 square feet of usable space, with a versatile interior that can accommodate office, retail, service-based, or other commercial functions. The building dates to 1985 and includes central air, while the existing layout offers a practical starting point for occupancy and future customization.
Located at 7230 US Highway 301 in Hawthorne, Florida, the property sits along a paved US Highway corridor with prominent frontage. Its position provides access to Gainesville, Ocala, and surrounding communities, connecting the site to North Central Florida markets. The property is suited to an office user seeking highway exposure or a business requiring a flexible commercial setting.
Located at 7230 US Highway 301 in Hawthorne, Florida, the property sits along a paved US Highway corridor with prominent frontage. Its position provides access to Gainesville, Ocala, and surrounding communities, connecting the site to North Central Florida markets. The property is suited to an office user seeking highway exposure or a business requiring a flexible commercial setting.
Key Highlights
- 1,008 square feet of usable commercial space
- Prominent frontage along US Highway 301
- Built in 1985
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
$14,320
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
5.11%
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%
$286,400
$286.4K
Cap Rate 7%
$204,571
$204.6K
Cap Rate 9%
$159,111
$159.1K
Market Conditions
NOI Build-Up for 1,148 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
$22.7K $19.80/SF
− Vacancy
−$3.6K −$3.17/SF
EGI
$19.1K $16.63/SF
− OpEx
−$4.8K −$4.16/SF
NOI
$14.3K $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 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%
$286,400
Cap Rate 7%
$204,571
Cap Rate 9%
$159,111
Alternative Uses
Best Use
Office B
$204.6K
$179.0K – $238.7K
NOI $14,320 @ 7.0% cap · market cap 5.11%
Second Best
Retail
$179.0K
$156.6K – $208.8K
NOI $12,529 @ 7.0% cap · market cap 4.47%
Theoretical Best
Office A
$289.4K
$253.2K – $337.7K
NOI $20,259 @ 7.0% cap · market cap 7.24%
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
32
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Central air and paved-road access support a functional office setting along a prominent US Highway corridor.
Where is this office units located?
The property is located at 7230 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 usable commercial space; Prominent frontage along US Highway 301; Built in 1985
