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    Property profile & analytics

    3919 Newberry Rd Gainesville, FL 32607-2355

    • Banks
    • 13,919 SF
    • 0.20 lot acres
    OFF-MARKET
    Value Estimation
    $2,040,000
    Last Sale
    Dec 12, 2023
    $2,050,000
    Location Intelligence
    Property ID
    US18-6273352
    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.

    Current Use by Public Records

    • West Networks LLC / Computer Networking Service
    • Community Foundation of North Central Florida / Non-Profit Organization
    • Robert D. Edelman, EDS / Doctor
    • Annie Peck Acupuncture / Acupuncturist
    • Fit for Life Physical Therapy / Physical Therapist

    Property Details for 3919 Newberry Rd

    Year built
    1971
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.20 lot acres
    Property size
    13,919 SF
    Zone code
    OF
    Property type
    Banks
    APN
    06507-003-002
    APU
    6507003002

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,045,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,950,000
      6.5%
      $1,860,000
      7%
      $1,895,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,905,000
      Geo Method
      $1,855,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,935,000
      Retail
      $2,415,000
      Mixed-Use
      $1,875,000
      Hospitality
      $2,455,000
      Educational
      $2,220,000
      Residential Income
      $2,110,000
      Energy
      $2,245,000
      Income-Based Land
      $2,020,000
      Food Service
      $1,850,000

    Location Insight

    • Map
    • Local Demand
    City
    Gainesville
    County
    Alachua
    State
    Florida
    Longitude
    -82.3838
    Latitude
    29.653
    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
    $26,503
    $221,067
    $898,181
    $1,119,248
    -
    $221,067
    $898,181
    $1,119,248

    Comparable in this City

    • Value Estimation by Request
      12,226 SF

      5080 Newberry Rd

      FINANCIAL BUILDING • 12,226 SF
      5080 Newberry Rd, Gainesville, FL 32607-2251
      View Details
    • Value Estimation
      $2,005,000
      14,282 SF

      7515 University Ave

      FINANCIAL BUILDING • 14,282 SF
      7515 University Ave, Gainesville, FL 32607-7614
      View Details
    • Value Estimation
      $1,730,000
      1,994 SF

      305 75th St

      FINANCIAL BUILDING • 1,994 SF
      305 75th St, Gainesville, FL 32607-1609
      View Details
    • Value Estimation by Request
      7,590 SF

      600 43rd St

      FINANCIAL BUILDING • 7,590 SF
      600 43rd St, Gainesville, FL 32607-6113
      View Details
    • Value Estimation
      $2,050,000
      546 SF

      3919 University Ave

      FINANCIAL BUILDING • 546 SF
      3919 University Ave, Gainesville, FL 32607
      View Details
    • Value Estimation by Request
      5,982 SF

      4340 Newberry Rd Ste, Unit 101

      FINANCIAL BUILDING • 5,982 SF
      4340 Newberry Rd Ste, Gainesville, FL 32607-2557
      View Details

    Similar Nearby for Sale

    • $649,500
      5,520 SF

      Retail Strip Center Investment Opportunity

      Retail strip center on Newberry Road with value-add potential.
      4000 Newberry Rd, Gainesville, FL 32607
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    • $3,750,000
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      Gainesville Mixed-Use Development

      8.97 acres, 800 units possible, high density.
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      Gainesville Restaurant with Hibachi Stations

      Freestanding restaurant with hibachi stations near Newberry Road.
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    • $23,800,000
      79,678 SF

      Gainesville Shopping Plaza Investment Opportunity

      Three-building shopping plaza with stable tenancy and development potential.
      7229 NW 4Th Blvd, Gainesville, FL 32607
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    • $1,500,000
      0.31 Acres

      Markets West Pad-Ready Site N-2

      Gainesville, FL commercial land: prime location.
      7379 17Th St, Gainesville, FL 32607
      View Details
    • $7,750,000
      35,821 SF

      Gainesville Office Building - $7.75M

      Prime Gainesville office space, 35,821 SF.
      6901 24Th Ave, Gainesville, FL 32607
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      800 SF

      Retail Space Available For Rent

      Retail space available for lease in Gainesville, Florida.
      6001 Southwest 75Th Ter, Gainesville, FL 32607
      View Details
    • $17 SF/Yr
      5,000 SF

      Gainesville Retail Space in Plaza

      5,000 SF retail space in established Westgate Regency Shopping Center.
      3433 W University Ave, Gainesville, FL 32607
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space in Tower Center

      Inline retail space for sublease in a busy shopping center.
      7400 NW 4Th Blvd, Gainesville, FL 32607
      View Details
    • Contact for pricing
      54,801 SF

      Redevelopment Opportunity Near University of Florida

      55,000 SF building on 9 acres near University of Florida.
      3702 SW 2Nd Pl, Gainesville, FL 32607
      View Details
    • $17 SF/Yr
      5,000 SF

      Retail Space on W University

      5,000 SF retail space with high visibility.
      3441 W University Ave, Gainesville, FL 32607
      View Details
    • $3,000 /Mo
      2,176 SF

      Stand-Alone Modular Office For Rent

      2,176 SF office with private parking and full kitchen.
      5902 NW 1St Pl, Gainesville, FL 32607
      View Details
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    3919 Newberry Rd
    Gainesville, FL 32607-2355
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    Realmo Value Estimation

    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.

    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.

    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
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