Property profile

7715 W Newberry Rd Gainesville, FL 32606

FOR SALE
Commercial real estate
Property ID
US18-4155165
6.7 ac lot
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7715 W Newberry Rd, Gainesville, FL 32606 For Sale
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7715 W Newberry Rd, Gainesville, FL 32606
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Property summary

AI-generated overview

This exceptional 6.7-acre commercial land parcel presents a significant development opportunity in Gainesville, Florida. Located at 7715 W Newberry Road, this property boasts a highly desirable location near the intersection of W Newberry Road and Tower Road, conveniently situated just west of the I-75 interchange. The AP zoning permits a diverse range of uses, including medical and professional offices, nursing homes and assisted living facilities, churches, and day care centers, offering considerable flexibility for developers. Access is provided via a 24-foot ingress and egress easement running through the adjacent Newberry Hill Office Park, ensuring convenient connection to W Newberry Road. The property's strategic location is further enhanced by its proximity to a variety of established shops and restaurants, providing immediate access to amenities and a thriving commercial environment. The property's APN is 06656-003-000, and the asking price is $1,000,000. This 6.7-acre site in Alachua County, Florida (zip code 32606) presents a rare chance to capitalize on Gainesville's robust growth and create a thriving commercial development. The coordinates are 29.657677 latitude and -82.425138 longitude.

Property profile

Verified
Property type Commercial real estate
Lot 6.7 ac (291,852 SF)
APN 06656-003-000
UPID US18-4155165

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • General Contractor Construction Company

Location

7715 W Newberry Rd Gainesville, FL 32606
Gainesville metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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