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    37th Blvd Gainesville Gainesville, FL 32608

    Sponsored
    For Sale
    $3,500,000

    Prime Gainesville commercial land, I-75 access.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 3.5-acre parcel of commercial land presents a unique investment opportunity in Gainesville, Florida. Located on Southwest 37th Boulevard, this property boasts unparalleled visibility and accessibility, situated directly off Archer Road and the I-75 corridor, experiencing a high average annual daily traffic count of approximately 53,500 vehicles. The MU-1 zoning allows for a diverse range of commercial, residential, and mixed-use developments, making it ideal for various projects. Its prime location within Gainesville's thriving retail market is further enhanced by its adjacency to established businesses such as the Fairfield Inn & Suites and the future Twin Peaks restaurant. The property's proximity to thousands of student housing units provides a substantial and readily available customer base. This 3.5-acre site is particularly well-suited for a hotel development, capitalizing on the high traffic volume and strong demand in the area. The property's strategic location and flexible zoning make it an exceptional investment opportunity with significant potential for future growth and return. The property is located in Alachua County, Florida, with a zip code of 32608.

    Property Features for 37th Blvd Gainesville

    General Information

    Property type
    Land
    Lot Size
    152,460 SF

    HighLights

    • High‑traffic location with direct access and visibility from Archer Road and I‑75, boasting 53,500± AADT.
    • Prime retail space in a high‑demand area.
    • Excellent co‑tenancy with the Fairfield Inn & Suites and the upcoming Twin Peaks Restaurant.
    • Surrounded by a large student population with thousands of nearby housing units.
    • Adjacent to the future Twin Peaks Restaurant.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Gainesville
    County
    Alachua
    State
    Florida
    Longitude
    -82.378266338613
    Latitude
    29.618218962502

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    FAQs

    What type of property is this?
    Land - Prime Gainesville commercial land, I-75 access.
    Where is this land located?
    The property is located at 37th Blvd Gainesville Gainesville, FL.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: High-traffic location with direct access and visibility from Archer Road and I-75, boasting 53,500± AADT.; Prime retail space in a high-demand area.; Excellent co-tenancy with the Fairfield Inn & Suites and the upcoming Twin Peaks Restaurant.
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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
    37th Blvd Gainesville Gainesville, FL 32608
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