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Property profile & analytics
OFF-MARKET Estimated value $725,000
Office buildings

315 138th Ter Newberry, FL 32669-2794

5,035 SF 0.12 ac lot Built 2004
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US18-2090272
Property summary
AI-generated overview

This exceptional 5,095 square foot, single-story office building in Newberry, Florida, is available for $975,000. Located at 315 NW 138th Terrace in the rapidly growing Jonesville area, this Class B, owner-occupied property boasts a versatile floor plan ideal for a single tenant or multiple businesses. Built in 2004 with significant renovations in 2013, 2020, and 2021, the building features a reception area, seven to eight offices, a central design and production center, a conference room with built-in storage, and a unique lab area. Additional amenities include a large (1000+ sq ft) partially cooled attic for storage, a 2013 metal roof, three newer HVAC systems (2013, 2020, and 2021 with dehumidifiers), fiber internet, CAT 5 cabling, and a kitchen with refrigerator, range, microwave, and dishwasher. Three aesthetically designed entrances offer flexibility for multiple tenants. The property also includes a hidden IT room with mini-split AC, three bathrooms (one pre-plumbed for a shower), abundant parking, and a fantastic location within walking distance of shopping and restaurants. The 0.12-acre lot is zoned PD. The current owner/tenant will vacate prior to closing. Furnishings are negotiable. This is a 100% occupied, single-unit property.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 2004
Construction WOOD
Total area 5,035 SF
Lot 0.12 ac (5,227 SF)
Zoning code PD
APN 04341-009-000
UPID US18-2090272
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
$992k
Blend (final) Blend
$725k
Owner & transaction history
Duncan Real Estate Holdings LLC · 1 yrs held
Duncan Real Estate Holdings LLC
since 2025
1 recorded transaction
2025
$930,000
Zoning & alternative use
PD · Newberry, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The Planned Development (PD) district encourages innovative development design in conformance with the provisions of the objectives and policies City of Newberry Comprehensive Plan, especially as they relate to the designated urban service area and provisions to prevent urban sprawl

Zone name Planned Development
General category PLANNED_DEVELOPMENT
Zone area 1,905.38 ac
Source Realmo
Top alternative use upside
Neighborhood: shopping center $965,000 +27.1%
Retail stores $920,000 +21.2%
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