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    6513 109Th Pl Alachua, FL 32615

    Sponsored
    For Sale
    $600,000

    Prime residential land near UF, Gainesville.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 600,000 USD investment opportunity encompasses two parcels (APN: 05900-704-000, 05900-704-001) located at 6513 NW 109th Pl, Alachua, FL 32615. The property is zoned PUD (Planned Unit Development) and designated for multifamily residential use. Situated within the desirable Turkey Creek community, this land offers a tranquil setting with easy access to the University of Florida, Gainesville, the airport, and major interstates, making it an ideal location for a multifamily development. The community boasts amenities including a swimming pool, tennis courts, and pickleball courts, enhancing the appeal for potential residents. The multifamily zoning permits the construction of multiple units and stories, although each residence must include two parking spaces. This presents a unique chance to develop a thriving residential community in a high-demand area. The property is independently owned and offers significant potential for a strong return on investment. Detailed zoning information and development guidelines are available upon request. This is a rare opportunity to acquire prime multifamily land in a rapidly growing area of Alachua County.

    Property Features for 6513 109Th Pl

    General Information

    Property type
    Multifamily properties
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Wholesale Shop Hair Salon Nail Salon Kitchen & Bath HVAC Service Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Alachua
    County
    Alachua
    State
    Florida
    Longitude
    -82.414382425671
    Latitude
    29.755120854394

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    FAQs

    What type of property is this?
    Multifamily property - Prime residential land near UF, Gainesville.
    Where is this multifamily property located?
    The property is located at 6513 109Th Pl Alachua, FL.
    What is the asking price?
    The asking price for this property is $600,000.
    Request Owner's contact information
    6513 109Th Pl Alachua, FL 32615
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    Alachua, FL 32615
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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
    6513 109Th Pl Alachua, FL 32615
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