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    41 Us Hwy Newberry, FL 32669

    For Sale
    Contact for pricing

    Newberry, FL commercial lots

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional commercial land offering presents a unique investment opportunity along US Highway 41 in Newberry, Florida. The property boasts flexible MU zoning, allowing for a diverse range of commercial uses, including office, retail, or special purpose developments. The lots, ranging from 1.91 to 2.43 acres, are ideally situated within a rapidly expanding residential area, surrounded by over 700 newly constructed homes, ensuring a strong potential customer base. This prime location provides excellent visibility and accessibility, maximizing the potential for future development. The property's value is further enhanced by the availability of offsite stormwater retention, along with convenient access to City of Newberry public water and wastewater services. This comprehensive infrastructure support simplifies the development process and minimizes upfront costs. With its strategic location, flexible zoning, and robust infrastructure, this commercial land presents a compelling opportunity for investors seeking high-growth potential in a thriving Florida community. The price per acre ranges from $175,000 to $250,000, reflecting the exceptional value and potential of this development opportunity in Alachua County. The property is located at US Hwy 41, Newberry, FL 32669.

    Property Features for 41 Us Hwy

    General Information

    Property type
    Land
    Lot Size
    83,200 SF

    HighLights

    • 1.1 to 2.43 acres of commercial land available for sale.
    • Approximately 1.91 to 2.43 acres of land.
    • Commercially zoned property (MU).
    • Excellent location near over 700 new residential units.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Newberry
    County
    Alachua
    State
    Florida
    Longitude
    -82.606563740801
    Latitude
    29.669095283366

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    FAQs

    What type of property is this?
    Land - Newberry, FL commercial lots
    Where is this land located?
    The property is located at 41 Us Hwy Newberry, FL.
    What are key features of this property?
    This property features: 1.1 to 2.43 acres of commercial land available for sale.; Approximately 1.91 to 2.43 acres of land.; Commercially zoned property (MU).
    (352) 664-2567
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    41 Us Hwy Newberry, FL 32669
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    Newberry, FL 32669
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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
    41 Us Hwy Newberry, FL 32669
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