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    15947 Us Highway 441 Alachua, FL 32615

    Sponsored
    For Lease
    $31 SF/Yr ($7,173 /Mo)

    Prime Alachua restaurant, 2777 sq ft, high visibility.

    Lot size:
    2,777 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 2,777 square foot restaurant building, formerly a Pizza Hut, is situated on a 40,000 square foot lot at 15947 NW US Hwy 441 in Alachua, Florida, 32615. The property boasts excellent visibility and high traffic counts, with 65,000 vehicles daily on I-75 and 24,000 vehicles daily on US Hwy 441. The Commercial Intensive (CI) zoning allows for a wide range of uses, including restaurants, bars, quick-service restaurants (QSRs), automotive businesses, and medical facilities. The property includes 36 parking spaces. Annual property taxes are $7 per square foot. This location offers significant upside potential due to its proximity to a newly approved 40+ acre mixed-use development featuring multifamily and retail components directly to the east, and planned residential development on a large parcel of land behind the property. The property is available for lease, sale, or joint venture opportunities. This is a rare opportunity to acquire a high-traffic commercial property in a rapidly growing area.

    Property Features for 15947 Us Highway 441

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,777 SF
    Total Rate
    7173.92

    Unit(s) available at that property

    Space
    Size
    2,777 SF
    Rate per SF
    $31

    HighLights

    • Established Pizza Hut with spacious dining area.
    • High redevelopment potential.
    • Excellent location to serve the expanding local community and I‑75 traffic.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Alachua
    County
    Alachua
    State
    Florida
    Longitude
    -82.510085
    Latitude
    29.8014671

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    FAQs

    What type of property is this?
    Restaurant - Prime Alachua restaurant, 2777 sq ft, high visibility.
    Where is this restaurant located?
    The property is located at 15947 Us Highway 441 Alachua, FL.
    What is the lease rate?
    The lease rate is $31 SF/Yr.
    What are key features of this property?
    This property features: Established Pizza Hut with spacious dining area.; High redevelopment potential.; Excellent location to serve the expanding local community and I-75 traffic.
    Request Owner's contact information
    15947 Us Highway 441 Alachua, FL 32615
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    Alachua, FL 32615
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    Realmo Value Estimation

    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.

    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.

    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
    15947 Us Highway 441 Alachua, FL 32615
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