Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    13085 SW 1St Ln Newberry, FL 32669

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    13085 SW 1St Ln Newberry, FL 32669

    View on Map
    • High-rise multifamily apartments
    • 117,368 SF
    • 2.48 lot acres
    For Lease
    $12,605,000
    View Listing →
    Retail, Medical & Office Spaces For Lease
    $12,605,000

    Retail, Medical & Office Spaces

    Retail, medical, and office spaces available for lease.

    13085 SW 1 Ln, Newberry, FL 32669
    View Listing
    Property ID
    US18-6194182
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • High-rise multifamily apartments

    Property Details for 13085 SW 1St Ln

    Year built
    2021
    Construction
    STEEL FRAME
    Lot size
    2.48 lot acres
    Property size
    117,368 SF
    Zone code
    PD
    Property type
    High-rise multifamily apartments
    APN
    04333-012-001
    APU
    4333012001

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Newberry
    County
    Alachua
    State
    Florida
    Longitude
    -82.4806
    Latitude
    29.6551
    CBSA code
    23540
    CBSA name
    GAINESVILLE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $241,340
    $1,315,128
    $16,642,672
    $17,957,800
    -
    $1,315,128
    $16,642,672
    $17,957,800

    Comparable in this City

    • Value Estimation
      $39,395,000
      35,070 SF

      13497 2nd Ln

      HIGH-RISE APARTMENTS • 35,070 SF
      13497 2nd Ln, Newberry, FL 32669-3661
      View Details
    • Value Estimation
      $915,000
      8,080 SF

      25415 7th Ave

      HIGH-RISE APARTMENTS • 8,080 SF
      25415 7th Ave, Newberry, FL 32669-6714
      View Details
    • Value Estimation by Request
      3,280 SF

      1738 247th Way

      HIGH-RISE APARTMENTS • 3,280 SF
      1738 247th Way, Newberry, FL 32669-5013
      View Details
    • Value Estimation
      $1,700,000
      14,584 SF

      370 146th Dr

      HIGH-RISE APARTMENTS • 14,584 SF
      370 146th Dr, Newberry, FL 32669-2942
      View Details
    • Value Estimation
      $9,030,000
      83,416 SF

      12885 1st Ln

      HIGH-RISE APARTMENTS • 83,416 SF
      12885 1st Ln, Newberry, FL 32669-3583
      View Details
    • Value Estimation by Request
      3,232 SF

      205 County Rd 235

      HIGH-RISE APARTMENTS • 3,232 SF
      205 County Rd 235, Newberry, FL 32669-2229
      View Details

    Similar Nearby for Sale

    • $2,690,000
      2,414 SF

      Equestrian Property in Marlboro Farms

      37-acre equestrian facility with 40 stalls and residential duplex.
      16525 SW 5Th Pl, Newberry, FL 32669
      View Details
    • $2,690,000

      Equestrian Facility on 37 Acres

      Large equestrian property with 40 stalls in Newberry, Florida.
      16525 SW 5Th Pl, Newberry, FL 32669
      View Details
    • $624,900
      1,896 SF

      Newberry Farm with In-Law Suite

      5.09-acre Newberry farm featuring a main home and in-law suite.
      5864 NW State Road 45, Newberry, FL 32669
      View Details
    • $950,000
      1,508 SF

      Prime Location Commercial Property

      1.09 acres with State Road 26 frontage.
      24809 Newberry Rd, Newberry, FL 32669
      View Details
    • $175,000
      0.37 Acres

      Residential Land in Wimberley Community

      Large residential lot in a convenient Newberry, Florida location.
      608 SW 139 Ct, Newberry, FL 32669
      View Details
    • $150,000
      0.28 Acres

      Residential Lot in Wimberley

      Residential lot in a prime Newberry location, build your dream home.
      40 SW 7 Plc, Newberry, FL 32669
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      14209 W Newberry Rd, Newberry, FL 32669

      Bars & Pubs
      14209 W Newberry Rd, Newberry, FL 32669
      View Details
    • Contact for pricing

      Retail, Medical & Office Spaces

      Retail, medical, and office spaces available for lease.
      13085 SW 1St Ln, Newberry, FL 32669
      View Details
    • $8 SF/Yr

      Land for Lease in Jonesville

      Land available for ground lease or build to suit.
      13993 W Newberry Rd, Newberry, FL 32669
      View Details
    • Contact for pricing
      2,018 SF

      Medical Office Space Available

      2,018 SF medical office space in Tioga Town Center.
      133 SW 130Th Way, Newberry, FL 32669
      View Details
    • $12 SF/Yr

      Renovated Office Space in Jonesville

      Redeveloped office and lab space in a serene park.
      404 Southwest 140Th Ter, Newberry, FL 32669
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    13085 SW 1St Ln
    Newberry, FL 32669
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!