14623 Newberry Rd Newberry, FL 32669
This exceptional 2-acre commercial land parcel presents a prime retail opportunity in Alachua County, Florida. Situated at 14623 W Newberry Rd (SR 26) in Jonesville, zip code 32669, this single-tenant site is ideally located within the Laureate Village development. Laureate Village is a thriving mixed-use community encompassing single-family homes, multifamily units (currently under construction, with projected completion in December 2024), and commercial spaces. The property boasts an R-1B overlay zoning with a Traditional Neighborhood Design (TND) designation, aligning with Alachua County's mixed-use development guidelines. The surrounding area features over 264 multifamily units and approximately 250 single-family homes, creating a substantial and growing residential base for potential businesses. As of February 2024, 40 homes were either built or under construction, and 111 lots were platted and ready for development. This pad-ready site offers immediate development potential, making it an attractive investment for businesses seeking high visibility and access to a robust consumer market. The property's APN is 04350-003-000. This is a rare opportunity to establish a presence in a rapidly expanding community.
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
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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.