Commercial Real Estate Market in Newberry, FL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
136 active listings and 572 off-market properties in Newberry, FL. Commercial property asks $1,962/SF to buy and $24.11/SF/Yr to lease.
Market Trends
Newberry, FL spans 98.6 square miles in Alachua County, Florida. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Newberry, FL asks $230/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Retail
Retail vacancy in Newberry, FL runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
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%.
Vacancy Rate % in South region
Multifamily
Multifamily space in Newberry, FL asks $145/SF to buy. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
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
Agricultural
Planned Development
Planned Rural Residential Development
Residential Single Family
Planned Residential Development
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.
Agricultural (A)
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.
15,890
Population
7,054
Households
2.3
Avg Household Size
40
Median Age
42%
College-Educated
98%
High-School Grad
98.6 sq mi
ZIP Area
161
Density / Sq Mi
$102,335
Median Household Income
$56,150
Median Earnings
$1,657
Median Rent
$308,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Jonesville | — | — |
| Archer | — | — |
| Alachua | — | $27.37 |
| High Springs | — | $12.46 |
Commercial property in Newberry, FL asks $1,962/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Newberry?
Commercial property in Newberry, FL asks an average of $1,962 per square foot. The 5 most recent recorded sales traded at a median of $162/SF, so asking sits 1112% above the achieved median. Office carries the highest asking price at $230/SF.
How much does it cost to lease commercial space in Newberry?
Asking lease rates in Newberry, FL average $24.11 per square foot per year.
What zoning applies to commercial property in Newberry?
Newberry, FL zones 38,338 acres across 18 districts, of which 0.8% is commercial and 0.6% industrial. The largest single district is Agricultural at 88.2% of zoned land. 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 Residential zoning covers 92.6% and open space 0%.
Where does Realmo's Newberry market data come from?
Realmo compiles Newberry, FL figures from 7 recent recorded sales, 122 active sale listings, 14 active lease listings, 572 tracked off-market properties, the current Newberry zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 122 active for-sale and 14 active for-lease listings in Newberry, FL. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- 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 August 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 August 2026 · report a data issue
