Commercial Real Estate Market in Newberry, FL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
16 active listings and 572 off-market properties in Newberry, FL. Commercial property asks $377/SF to buy (based on 4 listings) and $21.49/SF/Yr to lease (based on 6 listings).
Market Trends
Newberry, FL spans 98.6 square miles in Alachua County, Florida. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Newberry, FL runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail space in Newberry, FL has a median asking sale price of $403/SF (based on 3 listings). Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Newberry, FL runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Multifamily
Multifamily vacancy in Newberry, FL runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 92.6%
- Planned_development 5%
- Commercial 0.8%
- Civic 0.6%
- Industrial 0.6%
- Mixed use 0.5%
Largest Zones share of zoned land by district
Newberry, FL zones 38,338 acres across 18 districts. Commercial zoning covers 0.8% of zoned land, residential 92.6% and industrial 0.6%. The largest single district is Agricultural at 88.2%. For commercial buyers the practical constraint is that only 1.4% of land carries a commercial or industrial designation.
The Agricultural category includes one zone district a Lands in this district are intended to provide for areas primarily consisting of agricultural and residential uses consistent with the areas as designated agricultural within the city Comprehensive Plan
Market overview
Demographics & Economy
Newberry, FL has 15,890 residents in 7,054 households. Density runs 161 people per square mile. Median household income here is $102,335 and median gross rent $1,657 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Alachua | $191 | $18.00 |
| High Springs | $188 | $13.55 |
| Trenton | $265 | — |
Commercial property in Newberry, FL asks $377/SF. The 3 bordering markets run from $188/SF in High Springs to $265/SF in Trenton, and the city sits above their $191/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Newberry?
How much does it cost to lease commercial space in Newberry?
How does Newberry compare to nearby markets on price?
What zoning applies to commercial property in Newberry?
Where does Realmo's Newberry market data come from?
Methodology & data sources
- Asking prices and medians
- There are 7 active for-sale and 9 active for-lease listings in Newberry, FL. The medians are based on 4 of the for-sale and 6 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 38,338 zoned acres across 18 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level, industrial vacancy is reported at South region level and asking prices run materially above recent closed pricing.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 October 2026 · How Realmo checks market page data · Report a data issue
