Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1900 170Th St Newberry, FL 32669

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    60 Acres, Development Opportunity in FL

    Property Features for 1900 170Th St

    General Information

    Property type
    Land
    Lot Size
    2,616,214 SF

    We can help!

    Listing Contact
    Ralph Hilliard
    Ralph Hilliard

    Listing Agency: Coldwell Banker M. M. Parrish Realtors Listing Agent: Ralph Hilliard

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional 60.06-acre commercial land parcel presents a unique investment opportunity in Alachua County, Florida. Situated between Gainesville (Jonesville) and Newberry, this expansive property boasts a prime location ideal for various development projects. Its strategic positioning offers easy access to both urban amenities and the tranquility of rural Florida. The expansive acreage allows for creative development concepts, including a clustered rural residential subdivision, catering to the growing demand for housing in the area. Alternatively, the land's size and location are well-suited for an agricultural community, with the potential for 2-acre lots complemented by larger garden tracts ranging from 3 to 10 acres. Another possibility is the development of a co-housing community or an agricultural cooperative, reflecting current trends in sustainable and community-focused living. The property is zoned for commercial use and offers significant potential for a developer or builder seeking a substantial landholding in a desirable location. The asking price for this remarkable property is $1,400,000. This represents a significant opportunity to acquire a large tract of land with diverse development potential in a rapidly growing area of Florida. The property's address is 1900 NW 170th Street, Newberry, FL 32669.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Real Estate Agency Big Box & Wholesale Store Gym & Fitness Center Food Market Grocery & Convenience Store Garden Center Veterinary Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Newberry
    County
    Alachua
    State
    Florida
    Longitude
    -82.5241636
    Latitude
    29.6567068

    Nearby Similar for Sale

    • $1,100,000
      1,305 SF

      Corner Retail Opportunity in Newberry

      High-visibility corner lot on major thoroughfare in Newberry, Florida.
      10 NW 250Th St, Newberry, FL 32669
      View Details
    • $565,000
      1,271 SF

      Newberry Industrial Property on 1.63 Acres

      Well-maintained industrial building on 1.63 acres, Newberry, Florida.
      873 State Road 45, Newberry, FL 32669
      View Details
    • $700,000

      Renovated Office and Lab Space

      Redeveloped office and lab space in Jonesville's Equilease Park.
      404 Southwest 140Th Ter, Newberry, FL 32669
      View Details
    • $800,000

      Newberry Commercial Building For Sale

      Commercial building in Newberry, Florida, with income potential.
      305 SW 250Th St, Newberry, FL 32669
      View Details
    • $1,225,000

      Newberry Commercial Park Flex Space

      Flex space in Newberry with office and warehouse options.
      25145 NW 8Th Pl, Newberry, FL 32669
      View Details
    • $950,000
      1,508 SF

      Prime Location Commercial Property

      1.09 acres with State Road 26 frontage.
      24809 Newberry Rd, Newberry, FL 32669
      View Details
    • Contact for pricing
      14,000 SF

      Newberry Commercial Park Industrial Opportunity

      Prime industrial opportunity in Newberry Commercial Park with investment potential.
      25145 NW 8Th Ave, Newberry, FL 32669
      View Details
    • $600,000
      1,872 SF

      Newberry Retail Space - High Growth Potential

      Prime Newberry location, 1872 sq ft retail space.
      25050 Newberry Rd, Newberry, FL 32669
      View Details
    • $895,000
      8,925 SF

      Newberry Office Campus - Prime Location

      Three-building campus, 27,000+ sq ft, 1.35 acres
      418 140Th Ter, Newberry, FL 32669
      View Details
    • $1,500,000
      2,523 SF

      High-Visibility Newberry Retail Site

      Prime Corner Location, High Traffic
      10 250Th St, Newberry, FL 32669
      View Details
    • $950,000
      1,508 SF

      Newberry Mixed-Use Investment Opportunity

      High-traffic location, two buildings, great income potential.
      24809 Newberry Rd, Newberry, FL 32669
      View Details
    • $1,000,000
      18,295 SF

      Prime Newberry Auto Body Shop

      High-traffic location, established business
      52 250Th St, Newberry, FL 32669
      View Details

    FAQs

    What type of property is this?
    Land - 60 Acres, Development Opportunity in FL
    Where is this land located?
    The property is located at 1900 170Th St Newberry, FL.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: 60.06-acre commercial land parcel in Alachua County, Florida.; Prime location between Gainesville and Newberry, offering easy access to urban amenities and rural settings.; Zoned for commercial use, suitable for various development projects including residential subdivisions, agricultural communities, co-housing, or cooperatives.
    (352) 335-4999 Call to check price and availability
    Request Owner's contact information
    1900 170Th St Newberry, FL 32669
    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.
    1900 170Th St
    Newberry, FL 32669
    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
    1900 170Th St Newberry, FL 32669
    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

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Ralph Hilliard
    Ralph Hilliard
    Real Estate License ID: 3391743
    (352) 335-4999 (352) 284-4977 (352) 264-2733
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!