1900 170Th St Newberry, FL 32669
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.