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    3700 Hull Rd Gainesville, FL 32607

    For Sale
    $695,000

    Prime 1.3-acre commercial lot in Gainesville, FL.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 1.3-acre commercial lot, situated at 3700 Hull Road in Gainesville, Florida (zip code 32607), presents a unique investment opportunity. Priced at $695,000, this represents a compelling $695,000 per acre land value. The property is designated as Lot C and is the last remaining pad site in this highly desirable location. Its strategic position near the intersection of SW 34th Street and Hull Road places it within the vibrant University area of Gainesville. The site boasts exceptional visibility and accessibility, benefiting from its proximity to major roadways and public transportation serving the University of Florida. Potential uses for this versatile property are numerous and include retail, restaurant, office, multi-family residential, conference hall, hotel, medical facilities, or self-storage. The surrounding area is characterized by a thriving mix of commercial and residential development. Nearby establishments include Varsity House Gainesville Apartments, Aloft Hotel, a future WoodSpring Suites hotel, and the UF Park & Ride. Furthermore, the property enjoys convenient access to Butler Plaza North, Butler Plaza Town Center, Celebration Pointe, the Hilton UF Conference Center Hotel, the Florida Museum of Natural History, and the UF Health Orthopedics and Sports Medicine Institute. The high density of multi-family housing in the vicinity ensures a substantial potential customer base for any development undertaken on this site. This prime location and the versatility of the property make it an ideal investment for developers seeking a high-impact project in a rapidly growing area.

    Property Features for 3700 Hull Rd

    General Information

    Property type
    Land
    Lot Size
    56,628 SF

    HighLights

    • 1.3‑acre commercial lot (Lot C), the last remaining pad site, located at 3700 Hull Road, Gainesville, FL 32607, priced at $695,000 ($695,000/acre).
    • High‑visibility location at SW 34th Street and Hull Road intersection in Gainesville's University area, offering excellent access to major roadways and public transportation serving the University of Florida. Potential uses include retail, restaurant, office, multi‑family, hotel, medical, or self‑storage.
    • Surrounded by strong existing development including Varsity House Apartments, Aloft Hotel, a future WoodSpring Suites, and the UF Park & Ride; proximity to Butler Plaza, Celebration Pointe, Hilton UF Conference Center, Florida Museum of Natural History, and UF Health Orthopedics Institute, plus a dense multi‑family residential population.
    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 Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Gainesville
    County
    Alachua
    State
    Florida
    Longitude
    -82.3792251
    Latitude
    29.6373844

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    FAQs

    What type of property is this?
    Land - Prime 1.3-acre commercial lot in Gainesville, FL.
    Where is this land located?
    The property is located at 3700 Hull Rd Gainesville, FL.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: 1.3-acre commercial lot (Lot C), the last remaining pad site, located at 3700 Hull Road, Gainesville, FL 32607, priced at $695,000 ($695,000/acre).; High-visibility location at SW 34th Street and Hull Road intersection in Gainesville's University area, offering excellent access to major roadways and public transportation serving the University of Florida. Potential uses include retail, restaurant, office, multi-family, hotel, medical, or self-storage.; Surrounded by strong existing development including Varsity House Apartments, Aloft Hotel, a future WoodSpring Suites, and the UF Park & Ride; proximity to Butler Plaza, Celebration Pointe, Hilton UF Conference Center, Florida Museum of Natural History, and UF Health Orthopedics Institute, plus a dense multi-family residential population.
    (352) 505-7588
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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
    3700 Hull Rd Gainesville, FL 32607
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