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4000 W Newberry Rd
Gainesville, FL 32607
Price Cut! - Value-Add Retail off Newberry Rd · Retail Property For Sale
Investment Highlights
- Fully leased 5,520 SF retail strip on W Newberry Road with stable cash flow and major value-add upside.
- Prime 0.45-acre parcel with desirable MU-1 zoning allowing flexible future use, repositioning, or redevelopment.
- Located just 2 miles from the University of Florida and minutes from major anchors including The Oaks Mall and Butler Plaza.
- Weighted average in-place rent of just $14.12/SF offers a substantial mark-to-market opportunity compared to nearby retail centers.
- Direct access and strong frontage on one of Gainesville’s highest-traffic retail corridors.
- Surrounded by dense residential rooftops, medical hubs, and top national retailers driving consistent year-round demand.
Property Facts
Property Type
Retail
Property Subtype
Building Size
5,520 SF
Building Class
C
Year Built/Renovated
1966/2006
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.28
Lot Size
0.46 AC
Zoning
MU1 - Mixed Use
Parking
65 Spaces (11.78 Spaces per 1,000 SF Leased)
Frontage
62’ on W Newberry Rd
Amenities
- Pylon Sign
Property Taxes
| Parcel Number | 06503-011-006 | Improvements Assessment | $113,299 |
| Land Assessment | $44,649 | Total Assessment | $157,948 |
Property Taxes
Parcel Number
06503-011-006
Land Assessment
$44,649
Improvements Assessment
$113,299
Total Assessment
$157,948
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