3709 State Road 45 Newberry, FL 32669
This exceptional 5.86-acre commercial property in Newberry, Florida, presents a remarkable investment opportunity. Located at 3709 SW State Rd 45, Alachua County, zip code 32669, this strategically positioned land boasts 893 feet of frontage on the heavily traveled State Road 45, ensuring high visibility and accessibility. The property is comprised of two parcels: 02567-002-000 and 02567-000-000, totaling 5.86 acres. The zoning is designated as CI & A, with 4.61 acres zoned commercial and 1.25 acres zoned agricultural. Previously utilized as a motel, this versatile land offers significant potential for a wide range of commercial developments. Its prime location and substantial road frontage make it an ideal site for businesses seeking high traffic exposure. The asking price for this exceptional property is $500,000. This is a rare opportunity to acquire a significant commercial parcel in a thriving Florida location. Don't miss out on this chance to capitalize on the potential of this high-traffic, strategically located land. Contact us today to learn more.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.