351 140Th TerNewberry, FL 32669

  • Land
  • 1.40 AC
For Sale
$325,000 View listing

Property Details for 351 140Th Ter

Lot size
1.40 AC
Zone code
BR
Property type
Land
Property subtype
Commercial land
APN
04344-005-003
APU
4344005003

Description

This 1.44-acre commercial land parcel in Newberry, Florida, presents a prime development opportunity. Located off Newberry Road, near Tioga Town Center, this vacant lot offers excellent potential for various uses, including office, office/retail, or light manufacturing. The property boasts pre-approved plans for a 10,000 square foot office building, complete with on-site parking and open space. These approved plans, readily available, encompass a full set of building plans, engineering plans from EDA Consultants, Inc., a geotechnical engineering report with boring log, and mechanical/utility plans. This is one of three vacant parcels situated on SW 140th Terrace within the Jonesville development, making it an attractive investment for developers seeking a ready-to-build site with existing approvals. The property's zoning is BR, and its Alachua County APN is 04344-005-003. The asking price is $325,000. This exceptional location and the availability of comprehensive pre-approved plans significantly reduce development time and costs, making this a truly compelling opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $15,074,006
    Hospitality
    $13,807,709
    Educational
    $11,487,852
    Medical
    $11,882,936
    Retail
    $17,869,992
351 140Th Ter, Newberry, Florida

Location Insight

City
Newberry
County
Alachua
State
Florida
Latitude
29.6506
Longitude
-82.4917
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
$4,242
$213,444
-
$213,444
-
$213,444
-
$213,444

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