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Corner Commercial Land Parcel
For Sale
$4,200,000

5404 NW 8th Ave, Gainesville, FL 32605

Prime corner parcel with two ingress/egress points and about 59K total VPD.

Property SizeContact for details
Lot Size3.85 Acres
Days on Market123

Property Features for 5404 NW 8th Ave

General Information

Standard status Active
Lot size 3.85 Acres
Property subtype Retail

Additional Details

Traffic Count 59,000 vehicles/day

Amenities

Dual Access Points: Two points of ingress/egress provide convenient access and efficient traffic flow
Prime infill location: Positioned within a dense, established trade area with limited new supply
Ideal for Retail or Medical Use: flexible layout suitable for a variety of service-oriented or healthcare users
Signalized corner positioning: Located at a prominent four-way lighted intersection offering excellent visibility
Strong Daily Traffic Counts: W Newberry Rd = 48,500 | NW 55th St = 10,500
Proximity to Major Medical Anchor: Less than 1 mile from HCA Florida North Florida Hospital
Nearby Regional Retail: Located within 1 mile of The Oaks Mall Dense Surrounding Population: 75,096 residents within a 3-mile radius
Nearby retailers: Target, TJ Maxx, Ross, Five Below, Ulta Beauty, Starbucks, Walmart, Old Navy, Best Buy, Michaels, Chipotle, Dicks Sporting Goods, and PetSmart
Listing Agency: Marcus & Millichap - Orlando
Listed By: Tarek Chbeir · License #License(s): FL: SL3449535
Source: Marcusmillichap
Added: May 8 Changed: Sep 7 Last Checked: Sep 7 at 4:29AM

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 Marcus & Millichap - Orlando

Investment Insights

Based on property information with market context.

For sale corner commercial land parcel at 5404 Northwest 8th Avenue in Gainesville, FL. The site is positioned on a corner and is described as having prime corner positioning for visibility and access.

The property includes two points of ingress/egress and is marketed with approximately 59K total VPD. This combination of access and exposure is intended to support a wide range of commercial development and site planning needs, subject to applicable approvals.

Key Highlights

  • Corner parcel with about 59K total VPD traffic count
  • Two points of ingress/egress for access from two directions

Property Analytics

Current Use

CYM Coffee Co Cafe & Coffee Shop Cymplify Cafe & Coffee Shop

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Building Supply Big Box & Wholesale Store HVAC Service Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

59,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

1,621
Businesses Nearby

Demographics for 32605, FL

24,326
Population
11,651
Households
2.1
Avg Household Size
40
Median Age
61%
College-Educated
97%
High-School Grad
9.8 sq mi
ZIP Area
2,482
Density / Sq Mi
$83,114
Median Household Income
$48,741
Median Earnings
$1,505
Median Rent
$264,700
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Prime corner parcel with two ingress/egress points and about 59K total VPD.
Where is this retail space located?
The property is located at 5404 NW 8th Ave Gainesville, FL.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: Corner parcel with about 59K total VPD traffic count; Two points of ingress/egress for access from two directions
More about this property
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