Commercial Land with Ground
For Sale
$495,000
413 W University Avenue, Gainesville, FL 32601
Ground-leased commercial land occupied by a motel building, with lease options extending through 2049.
Property SizeContact for details
Days on Market67
Property Features for 413 W University Avenue
General Information
Standard status
Active
Property subtype
Leased Land For Sale
Listing Agency:
Bosshardt Realty Services
(352) 318-9700
Listed By:
Aaron Bosshardt · License #FL #BK635736
Source:
Bosscommercial
Added: Jun 25
Changed: Aug 29
Last Checked: Aug 29 at 11:10PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bosshardt Realty Services
Investment Insights
Based on property information with market context.
This 0.58-acre commercial land offering is located along University Avenue near downtown Gainesville. The site is occupied by the Gainesville Lodge, a 20,230-square-foot motel constructed in 1961; however, the transaction covers the underlying land rather than the building improvements or operating business.
A long-term ground lease is in place with Gainesville Lodge as lessee, structured on an NNN basis and including options through 2049. The lease provides for base-rent and percentage-rent increases during option periods. The property is addressed at 413 W University Avenue in Gainesville, Florida.
A long-term ground lease is in place with Gainesville Lodge as lessee, structured on an NNN basis and including options through 2049. The lease provides for base-rent and percentage-rent increases during option periods. The property is addressed at 413 W University Avenue in Gainesville, Florida.
Key Highlights
- 0.58‑acre commercial land tract along University Avenue
- Long‑term ground lease with options through 2049
- NNN ground lease structure with scheduled option‑period increases
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,708
Businesses Nearby
Explore this area
Business Placement
Demographics for 32601, FL
22,039
Population
11,204
Households
2
Avg Household Size
27
Median Age
62%
College-Educated
97%
High-School Grad
4.6 sq mi
ZIP Area
4,791
Density / Sq Mi
$30,878
Median Household Income
$18,954
Median Earnings
$1,092
Median Rent
$284,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Ground-leased commercial land occupied by a motel building, with lease options extending through 2049.
Where is this commercial land located?
The property is located at 413 W University Avenue Gainesville, FL.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: 0.58‑acre commercial land tract along University Avenue; Long‑term ground lease with options through 2049; NNN ground lease structure with scheduled option‑period increases
