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Property profile & analytics
OFF-MARKET Estimated value $650,000
Office buildings

304 140th Ter Newberry, FL 32669-5400

4,934 SF 0.92 ac lot Built 2000
Entity Owned Free & Clear
Property ID
US19-0874104
Property summary
AI-generated overview

This exceptional 5,526 square foot office building, situated on a 0.92-acre lot in Newberry, Florida, presents a compelling investment opportunity. Built in 2000 and boasting a new roof installed in 2017, the property features a well-maintained two-story structure with a highly efficient layout. The first floor encompasses approximately 4,934 square feet, including a bright lobby with reception area, thirteen private offices of varying sizes, a spacious conference room, a kitchen/breakroom, two ADA-compliant restrooms (one with a walk-in shower), and ample storage. High-end finishes throughout the first floor include crown moldings, tile and luxury vinyl plank flooring, upgraded lighting, and plantation shutters. Two rooms currently configured as a salon with sinks and styling stations, plus a separate counter area with sink and cabinetry, offer versatile space. The second floor adds another 592 square feet, previously used as a call center, featuring multiple workstations and a supervisory office with a glass window overlooking the workspace. A significant advantage is the inclusion of a level 47' x 80' building pad, allowing for future expansion. The property benefits from ample on-site parking, prominent on-building signage, and convenient access to Newberry Road, I-75 (4.7 miles), and the amenities of West Gainesville and Jonesville. The property is zoned BR (Business, Retail Sales and Services), offering flexibility for various business types. This turnkey property is available immediately and represents a rare opportunity to acquire a well-maintained, versatile office building in a desirable location. The asking price is $1,100,000, with a price per square foot of $199.06. The Alachua County APN is 04344-005-001.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 2000
Construction WOOD
Total area 4,934 SF
Lot 0.92 ac (40,075 SF)
Zoning code BR
APN 04344-005-001
UPID US19-0874104
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$840k
Blend (final) Blend
$650k
Owner & transaction history
Sun Country Sports Center INC
Sun Country Sports Center INC
since 2025
6 recorded transactions
2025
$975,000
2016
$400,000
2003
$465,000
1998
$156,000
1997
$14,800
1997
$7,400
Zoning & alternative use
BR · Newberry, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center $945,000 +27.1%
Retail stores $905,000 +21.2%
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