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Investment Highlights
- Approximately 0.59-acre parcel in growing Newberry, Florida.
- Existing 738-square-foot structure on site.
- Suitable for office, retail, residential, or neighborhood-service concepts, subject to approvals.
- Adjacent to the Commercial-Central Business District (C-CBD).
- Potential future mixed-use redevelopment opportunity.
- Located within an area identified for continued downtown growth and circulation improvements.
Executive Summary
A great investment opportunity in the growing City of Newberry Florida. This half acre parcel is located adjacent to the Commercial-Central Business District (C-CBD). The City Commission is receptive to the possibility of adding properties along the NW 1st Avenue corridor to the C-CBD in order to support the revisioned traffic circulation pattern for the City. The C-CBD allows a mix of uses: retail, office and residential. The current zoning allows single-family units. This property would be a great location for a medical office, small coffee shop with an outdoor cafe, or multi-family rental units.
Property Facts
| Price | $189,500 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 0.59 AC |
| Property Type | Land | ||
| Zoning | C-CBD | ||
| Price | $189,500 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.59 AC |
| Zoning | C-CBD |
1 Lot Available
Lot
| Price | $189,500 | Lot Size | 0.59 AC |
| Price Per AC | $321,186.44 |
| Price | $189,500 |
| Price Per AC | $321,186.44 |
| Lot Size | 0.59 AC |
Description
25114 NW 1st Avenue consists of approximately 0.59 acres improved with a 738-square-foot building. The property is located adjacent to Newberry's Commercial-Central Business District and offers future redevelopment potential in a growing market. Current zoning allows single-family residential use, while nearby commercial zoning supports a mix of retail, office, and residential uses. The site's location and potential adaptability make it suitable for a variety of future investment and development strategies.
Fairly walkable
40/100
Moderately drivable
70/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 02133-000-000 | Improvements Assessment | $58,010 |
| Land Assessment | $95,000 | Total Assessment | $153,010 |
Property Taxes
Parcel Number
02133-000-000
Land Assessment
$95,000
Improvements Assessment
$58,010
Total Assessment
$153,010
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25114 NW 1st Ave
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