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    37Th Blvd Gainesville, FL 32608

    For Lease
    Contact for pricing

    Prime 0.47-acre mixed-use lot, Archer Road.

    Lot size:
    20,473 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 0.47-acre commercial land parcel presents a unique ground lease opportunity in Gainesville, Florida. Located on Archer Road, this property boasts unparalleled visibility and accessibility, benefiting from a high average annual daily traffic count of approximately 53,500 vehicles. Its strategic position along the I-75 corridor places it within North Florida's thriving retail market. The site is zoned MU-1, permitting a versatile mix of commercial, residential, and mixed-use developments. Pre-approved for a drive-thru, this location is ideally suited for businesses such as coffee shops, taking advantage of the high traffic volume and proximity to established businesses and residential areas. The property's adjacency to the Fairfield Inn & Suites and the future Twin Peaks Restaurant further enhances its desirability and potential for strong returns. Situated within Gainesville city limits, this parcel offers a compelling investment prospect with significant growth potential. The annual net-net-net (NNN) ground lease is priced at $40,000. This is a rare opportunity to secure a prime commercial location in a rapidly expanding market.

    Property Features for 0 37Th Blvd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    20,473 SF

    Unit(s) available at that property

    Space
    Size
    20,473 SF

    HighLights

    • 0.47± acre commercial land ground lease in Alachua County.
    • $40,000/year NNN ground lease.
    • Prime mixed‑use location with high visibility on Archer Road, near I‑75.
    • MU‑1 zoning allows commercial, residential, and mixed uses; drive‑thru approved.
    • Adjacent to Fairfield Inn & Suites and future Twin Peaks Restaurant, near substantial student housing.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Gainesville
    County
    Alachua
    State
    Florida
    Longitude
    -82.379030566811
    Latitude
    29.619201482124

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    FAQs

    What type of property is this?
    Land - Prime 0.47-acre mixed-use lot, Archer Road.
    Where is this land located?
    The property is located at 37Th Blvd Gainesville, FL.
    What are key features of this property?
    This property features: 0.47± acre commercial land ground lease in Alachua County.; $40,000/year NNN ground lease.; Prime mixed-use location with high visibility on Archer Road, near I-75.
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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, FL 32608
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