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    2932 43Rd St Gainesville, FL 32606

    For Sale
    $395,000

    1.2-acre development site, R-1A zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1.2-acre residential development site in Gainesville, Florida, presents a compelling value-add investment opportunity. Located at 2932 NW 43rd St, Alachua County (APN: 06145-005-000), this property boasts approximately 103.77 feet of frontage on NW 43rd Street. Currently zoned R-1-A, the site allows for a density of roughly four units per acre, according to Alachua County's comprehensive plan. Any zoning modifications would need to comply with the county's regulations. The property's eastern boundary abuts the Gainesville city limits, offering potential for annexation with the city if combined with adjacent lots and a suitable development proposal. This prime location offers convenient proximity to the Meridien Center and Madison Park. The asking price for this land is $395,000. This property is owned by Cossey's Farm LLC.

    Property Features for 2932 43Rd St

    General Information

    Property type
    Land
    Lot Size
    52,272 SF

    HighLights

    • 1.2‑acre residential development site in Gainesville, FL, with 103.77 feet of frontage on NW 43rd St.
    • R‑1‑A zoning, allowing approximately four units per acre.
    • $395,000 asking price.
    • Value‑add investment opportunity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Gainesville
    County
    Alachua
    State
    Florida
    Longitude
    -82.388891552764
    Latitude
    29.680294400576

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    FAQs

    What type of property is this?
    Land - 1.2-acre development site, R-1A zoning.
    Where is this land located?
    The property is located at 2932 43Rd St Gainesville, FL.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: 1.2-acre residential development site in Gainesville, FL, with 103.77 feet of frontage on NW 43rd St.; R-1-A zoning, allowing approximately four units per acre.; $395,000 asking price.
    (352) 316-8413
    Request Owner's contact information
    2932 43Rd St Gainesville, FL 32606
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    Gainesville, FL 32606
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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
    2932 43Rd St Gainesville, FL 32606
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