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    3829 37Th Blvd Gainesville, FL 32608

    For Sale
    $2,500,000

    2.64 Acres, Prime Gainesville Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    Exceptional 2.64-acre commercial land parcel in Gainesville, Florida, is available for purchase at $2,500,000. This property boasts a highly desirable location, situated just east of I-75, a major Florida thoroughfare, and enjoys excellent visibility from Archer Road, a main artery through Gainesville with an average annual daily traffic count of 55,000. Its strategic position offers easy access to Butler Plaza, Florida's most visited shopping center, attracting over 20 million annual visitors and encompassing over 2 million square feet of retail space. The property is zoned MU-1, providing flexibility for a wide range of commercial uses. Permitted uses include, but are not limited to, hotels, multifamily residential, retail establishments, restaurants, and medical offices, allowing for diverse development opportunities. The site's proximity to the University of Florida and UF Health Shands Hospitals further enhances its appeal and potential for significant return on investment. This is a rare opportunity to acquire a substantial commercial land holding in a thriving Gainesville location with exceptional visibility and access to major transportation routes and a high-traffic retail center. The property's size and zoning make it ideal for a variety of mixed-use developments. The address is 3829 SW 37th Blvd, Gainesville, FL 32608, in Alachua County.

    Property Features for 3829 37Th Blvd

    General Information

    Property type
    Land
    Lot Size
    114,998 SF

    HighLights

    • High‑traffic location directly across from Butler Plaza, Florida's most visited shopping center (20M annual visitors, 2M+ sq ft retail).
    • Excellent visibility from Archer Road (55,000 AADT), providing easy access to the University of Florida and UF Health Shands Hospitals.
    • MU‑1 zoning allows diverse commercial uses, including hotel, multifamily, and retail development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Gainesville
    County
    Alachua
    State
    Florida
    Longitude
    -82.379715
    Latitude
    29.6198923

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    FAQs

    What type of property is this?
    Land - 2.64 Acres, Prime Gainesville Location
    Where is this land located?
    The property is located at 3829 37Th Blvd Gainesville, FL.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: High-traffic location directly across from Butler Plaza, Florida's most visited shopping center (20M annual visitors, 2M+ sq ft retail).; Excellent visibility from Archer Road (55,000 AADT), providing easy access to the University of Florida and UF Health Shands Hospitals.; MU-1 zoning allows diverse commercial uses, including hotel, multifamily, and retail development.
    (813) 221-2079
    Request Owner's contact information
    3829 37Th Blvd Gainesville, FL 32608
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    Gainesville, FL 32608
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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
    3829 37Th Blvd Gainesville, FL 32608
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