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    1215 NE 3Rd St Gainesville, FL 32601

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    For Sale
    $795,000

    Land with mixed-use zoning near Waldo Road and University Avenue.

    Lot size:
    2.02 Acres

    Property Features for 1215 NE 3Rd St

    General Information

    Lot size
    2.02 Acres

    Source: Coldwell Banker M.M. Parrish Realtors | Gainesville (Northwest) Agent Jeff Rimes

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Gainesville Land with Mixed-Use Zoning

    This property is located off Waldo Road, approximately 100 yards from the intersection of Waldo Road and University Avenue, near Walgreens. It features City of Gainesville U-7 mixed-use zoning, which allows for business, retail, office, and multi-family developments. The zoning permits 50 units per acre and 4 stories by right, and 60 units per acre and 6 stories by Special Use Permit. The property is located next to the Rails to Trails Greenway that connects the City of Gainesville to the City of Hawthorne. Recent developments in the area include a WAWA and a Waffle House.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gainesville
    County
    Alachua
    State
    Florida
    Longitude
    -82.3218743
    Latitude
    29.6630561

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    FAQs

    What type of property is this?
    Land - Land with mixed-use zoning near Waldo Road and University Avenue.
    Where is this land located?
    The property is located at 1215 NE 3Rd St Gainesville, FL.
    What is the asking price?
    The asking price for this property is $795,000.
    What are key features of this property?
    This property features: - U-7 mixed-use zoning ideal for business/retail, office, and multi-family developments.; - High-density zoning permits **50 units per acre and 4 stories by right**.; - Potential for increased density with a Special Use Permit (60 units per acre and 6 stories).
    (352) 335-4999
    Request Owner's contact information
    1215 NE 3Rd St Gainesville, FL 32601
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    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
    1215 NE 3Rd St Gainesville, FL 32601
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