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    Research Dr Alachua, FL 32615

    Sponsored
    For Sale
    $754,500

    5-Acre Commercial/Industrial Lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 5.03-acre commercial/industrial land parcel is located in Alachua, Florida's Progress Park, an established science and technology park near US Highway 441. Zoned PUD-Commercial, this property offers on-site utilities and is ideally situated for various developments, including biotechnology, manufacturing, or light industrial uses. The lot features convenient access to Research Drive and is within a Foreign Trade Zone. Its prime location provides high visibility and accessibility, making it an excellent investment opportunity in a rapidly growing area. The asking price is $754,500, and the property's APN is 03956-010-032. This parcel presents a unique chance to capitalize on the thriving Alachua business environment and its established workforce. The property's strategic placement near major roadways ensures easy access for employees and clients alike. This is a rare opportunity to acquire a significant land holding in a sought-after location within a well-established business park. The site's size and zoning allow for considerable flexibility in development plans, catering to a wide range of commercial and industrial ventures.

    Property Features for 0 Research Dr

    General Information

    Property type
    Land
    Lot Size
    219,107 SF

    HighLights

    • $754,500 asking price for 5.03 acres of commercial/industrial land.
    • Located in Alachua, FL's Progress Park, an established science and technology park near US Highway 441.
    • PUD‑Commercial zoning.
    • On‑site utilities.
    • Located within a Foreign Trade Zone.
    • APN: 03956‑010‑032.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Alachua
    County
    Alachua
    State
    Florida
    Longitude
    -82.478461365063
    Latitude
    29.785108560692

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    FAQs

    What type of property is this?
    Land - 5-Acre Commercial/Industrial Lot
    Where is this land located?
    The property is located at Research Dr Alachua, FL.
    What is the asking price?
    The asking price for this property is $754,500.
    What are key features of this property?
    This property features: $754,500 asking price for 5.03 acres of commercial/industrial land.; Located in Alachua, FL's Progress Park, an established science and technology park near US Highway 441.; PUD-Commercial zoning.
    Request Owner's contact information
    Research Dr 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
    Research Dr Alachua, FL 32615
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