24809 Newberry RdNewberry, FL 32669

  • Other mixed-use properties
  • 1,508 SF
For Sale
$950,000 View listing

Property Details for 24809 Newberry Rd

Year built
1946
Lot size
1.09 AC
Property size (Sq ft)
1,508 SF
Property type
Other mixed-use properties
Property subtype
Mixed-use properties

Description

This exceptional mixed-use property in Newberry, Florida, presents a compelling investment opportunity. Located on heavily traveled State Road 26, just off State Road 45, this 1.09-acre parcel boasts 222 feet of prime road frontage. The property comprises two separate parcels sold together, each featuring a three-bedroom, one-bathroom residence. These residences have historically generated strong rental income, making this an attractive investment for those seeking immediate returns. The 2022 Florida Department of Transportation (FDOT) average daily traffic count exceeded 18,000 vehicles, underscoring the high visibility and accessibility of this location. The property sits within a rapidly growing area experiencing significant expansion in housing, retail, professional services, and recreational amenities. A zoning change, effective January 24, 2022, designates the property as "Commercial Intensive," opening up a wide range of development possibilities. The total square footage of the buildings is 1,508 square feet. This property is ideal for both seasoned investors seeking a strong return and entrepreneurs looking to establish a business in a thriving market. Detailed zoning information is available upon request. Don't miss this chance to capitalize on the growth and potential of this prime Newberry location.

24809 Newberry Rd, Newberry, Florida

Location Insight

City
Newberry
County
Alachua
State
Florida
Latitude
29.6464
Longitude
-82.6046

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