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    19663 Us Hwy 441 High Springs, FL 32643-8848
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    Property profile & analytics

    19663 Us Hwy 441 High Springs, FL 32643-8848


    • Motels
    • 3,317 SF
    • 1.96 lot acres
    Off-Market
    Property ID
    US18-2842989
    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 Springs Country Inn / Hotel & Motel

    Property Details for 19663 Us Hwy 441

    Year built
    1958
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.96 lot acres
    Property size
    3,317 SF
    Zone code
    C3
    Property type
    Motels
    APN
    00759-000-000
    APU
    759000000

    Description

    This exceptional turnkey motel opportunity in High Springs, Florida, presents a compelling investment prospect. Located at 19663 NW US Hwy 441, this established property boasts 19 oversized guest units and two owner suites, totaling 23 beds across 7,370 square feet. Built in 1948, the property comprises two single-story buildings situated on a generous 1.96-acre lot. The C3 zoning allows for a variety of potential uses and expansions, enhancing the property's long-term value. The motel enjoys a prime location just five minutes from the renowned Ginnie Springs, a significant draw for tourists and outdoor enthusiasts. The property's strong financial performance is highlighted by a Pro-Forma NOI of $275,000 and a 7.86% Pro-Forma Cap Rate, indicating a healthy return on investment. The asking price is $3,500,000. The seller is motivated and open to offers. This well-maintained property shows no deferred maintenance, making it an ideal acquisition for an investor seeking immediate cash flow and significant upside potential. The property is ready for a new owner to step in and continue its success. Alachua County location provides access to a thriving tourism market.


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    Location Insight

    • Map
    • Local Demand
    City
    High Springs
    County
    Alachua
    State
    Florida
    Longitude
    -82.5989
    Latitude
    29.8356
    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
    2022
    $90,058
    $254,032
    $518,268
    $772,300
    -
    $254,032
    $518,268
    $772,300
    More about this property
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