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Property profile & analytics
OFF-MARKET
Mixed-use properties

0 30Th Ave Newberry, FL 32669

227 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 227-acre mixed-use development opportunity is situated in Newberry, Florida, offering significant potential for both residential and commercial ventures. Located on the north side of Southwest 30th Avenue, approximately 800 feet east of US Highway 27, this property benefits from its convenient location within the city limits of Newberry, Alachua County, Florida, zip code 32669. A key advantage is the existing Development Agreement with the City of Newberry, valid until December 31, 2030. This agreement permits the construction of up to 999 residential units and approximately 428,000 square feet of non-residential space, providing considerable flexibility for diverse development plans. The property's substantial size, combined with the approved development parameters, presents a rare chance to create a thriving community. Utilities are readily accessible in the vicinity, streamlining the development process. The asking price for this expansive parcel is $7,000,000. This presents a compelling investment opportunity for developers seeking a large-scale project with pre-approved entitlements in a desirable Florida location. The property's strategic location and existing development agreement significantly reduce risk and expedite the development timeline. This is a truly unique opportunity to shape a significant piece of Newberry's future.

Property profile
Verified
Property type Mixed-use properties
Lot 227 ac (9,888,120 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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