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Property profile & analytics
OFF-MARKET
Land

14623 Newberry Rd Newberry, FL 32669

2 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2-acre commercial land parcel presents a remarkable investment opportunity in Newberry, Florida. Located at 14623 W Newberry Rd (SR 26), this pad-ready site boasts unparalleled visibility and accessibility, with an impressive average annual daily traffic count of 20,000 vehicles. The property is strategically situated within the Laureate Village development, a thriving 130+ acre mixed-use community featuring over 264 multi-family units (currently under construction, with completion expected December 2024) and approximately 250 single-family homes (40 built/under construction, 111 lots platted/shovel ready as of February 2024). This ensures a robust and growing customer base for any commercial venture. The site benefits from its location on two sides of a multifamily development, providing convenient access and high visibility. Utilities are readily available, and the property includes street-surrounding parking. Zoned R-1B with a Traditional Neighborhood Design (TND) overlay, as defined by Alachua County's Unified Land Development Code (ULDC), this parcel is ideal for a variety of retail or commercial uses within this established mixed-use environment. The asking price for this exceptional opportunity is $1,990,000. The APN is 04350-003-000. Don't miss this chance to secure a prime location in a rapidly expanding community.

Property profile
Verified
Property type Land
Lot 2 ac (87,120 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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