Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Gainesville, FL 32601

    Sponsored
    For Sale
    $399,900

    Prime UF location, 0.37 acres, residential potential.

    Property size:
    1 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional 0.37-acre property in Gainesville, Florida presents a remarkable development opportunity. Comprising two adjacent lots (730 SW 5th St and 722 SW 5th St), totaling 0.37 acres (0.20 acres and 0.17 acres respectively), this parcel is ideally situated near the University of Florida. Previously occupied by a home and an in-home daycare, the land is currently zoned for residential use, offering significant potential for mixed-use development or rezoning for single-family or multi-unit dwellings. The strategic location near the University of Florida makes it particularly attractive for student housing or rental units, capitalizing on the high demand for accommodation in this area. The property benefits from its proximity to a range of amenities, including schools, parks, restaurants, and shopping centers, ensuring convenient access to everyday necessities. This presents a unique chance to create a thriving residential or mixed-use project in a vibrant and sought-after Gainesville neighborhood. The combined acreage provides ample space for a variety of development plans, catering to diverse needs and preferences. Investors and developers will appreciate the potential for significant return on investment in this prime location. The property's existing zoning and its location near the University of Florida create a compelling opportunity for a successful development venture.

    Property Features for

    General Information

    Property type
    Mixed-use properties
    Square Feet
    1 SF
    Lot Size
    14,810 SF

    Building Details

    Year Built
    1930
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Map

    City
    Gainesville
    County
    Alachua
    State
    Florida
    Longitude
    -82.3258
    Latitude
    29.6512

    Nearby Similar for Sale

    • $480,000
      3,600 SF

      Gainesville Multifamily Investment Opportunity

      Four-unit townhouse style building near hospitals and amenities.
      707 SW 68Th Ter, Gainesville, FL 32607
      View Details
    • $1,750,000
      10,804 SF

      Haile Village Mixed-Use Portfolio

      Mixed-use investment opportunity in Haile Village Center, Gainesville.
      5213 SW 91St Dr, Gainesville, FL 32608
      View Details
    • $2,195,000
      5,801 SF

      Gainesville Office Investment Opportunity

      Commercial property with long-term tenant near University of Florida.
      3205 SW 47Th Ave, Gainesville, FL 32608
      View Details
    • $2,800,000
      4,290 SF

      Gainesville Car Lot on Main

      Established car lot with service bays on 3.09 acres.
      1725 N Main St, Gainesville, FL 32609
      View Details
    • $650,000
      2,498 SF

      Gainesville Duplex Investment Opportunity

      Two properties on one lot near Downtown Gainesville.
      228 NW 4Th Ave, Gainesville, FL 32601
      View Details
    • $475,000
      2,578 SF

      Retail Space in Thornebrook Village

      Commercial space in Gainesville's vibrant Thornebrook Village, ideal for retail.
      2441 NW 43Rd St, Gainesville, FL 32606
      View Details
    • $159,500

      Gainesville Medical Office For Sale

      1,318 SF medical office in West Gainesville, convenient location.
      7109 NW 11Th Pl, Gainesville, FL 32605
      View Details
    • $920,000
      6,294 SF

      Gainesville Sixplex with Spacious Units

      Charming sixplex in Gainesville with spacious 2-bedroom, 2-bath units.
      1110 SW 62Nd Ter, Gainesville, FL 32607
      View Details
    • $920,000
      6,294 SF

      Gainesville Sixplex with Spacious Units

      Charming sixplex in Gainesville with 2-bedroom, 2-bath units.
      1110 SW 62Nd Ter, Gainesville, FL 32607
      View Details
    • $1,000,000
      5,964 SF

      Freestanding Medical Office Near Hospital

      Well-maintained medical office building near North Florida Regional Medical Center.
      1179 NW 64Th Ter, Gainesville, FL 32605
      View Details
    • $499,000
      2,173 SF

      Gainesville Mixed-Use Retail/Office Building

      Retail/office building with two sections on 0.42 acres.
      1820 NE 2Nd St, Gainesville, FL 32609
      View Details
    • $439,900
      1,800 SF

      Gainesville Four-Unit Income Property

      Exceptional four-unit income property in Northwest Gainesville, near UF.
      5811 NW 23Rd Ter, Gainesville, FL 32653
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Prime UF location, 0.37 acres, residential potential.
    Where is this mixed-use property located?
    The property is located at Gainesville, FL.
    What is the asking price?
    The asking price for this property is $399,900.
    (888) 883-8509
    Request Owner's contact information
    Gainesville, FL 32601
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Gainesville, FL 32601
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Gainesville, FL 32601
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.