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    1601 Main St Gainesville, FL 32609

    For Sale
    $1,250,000

    High-traffic corner lot, prime commercial location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 0.78-acre commercial land parcel presents a remarkable investment opportunity in Gainesville, Florida. Strategically located at the northeast corner of North Main Street and Northeast 16th Avenue, this property boasts a highly visible position at a signalized intersection with a combined annual average daily traffic count of 26,500 vehicles. The site benefits from its proximity to a vibrant retail environment, including established businesses such as Publix, Circle K, Burger King, T-Mobile, UF Health, Wendy's, Popeyes, PNC Bank, Family Dollar, Capital City Bank, and Goodyear. Its location less than two miles north of the University of Florida's main campus, serving over 50,000 students, ensures a consistent flow of potential customers. The surrounding area demonstrates strong demographics, with a population exceeding 151,623 within a five-mile radius and an average household income of over $71,000. The property's address is 1601 N Main St, Gainesville, FL 32609, and its parcel numbers are 09380-000-000 & 10035-000-000. The asking price for this prime commercial land is $1,250,000. This is an ideal location for a variety of commercial ventures, capitalizing on the high traffic volume and strong local demographics.

    Property Features for 1601 Main St

    General Information

    Property type
    Land
    Lot Size
    33,977 SF

    HighLights

    • 0.78‑acre parcel available.
    • High‑traffic location at a signalized intersection with 26,500 AADT.
    • Strong retail synergy with nearby Publix, Circle K, and other national brands.
    • Less than 2 miles from the University of Florida (50,000+ students).
    • Dense population of 151,623 within a 5‑mile radius.
    • High average household income exceeding $71,000 within a 5‑mile radius.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    -82.324293374897
    Latitude
    29.666572323603

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    FAQs

    What type of property is this?
    Land - High-traffic corner lot, prime commercial location.
    Where is this land located?
    The property is located at 1601 Main St Gainesville, FL.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: 0.78-acre parcel available.; High-traffic location at a signalized intersection with 26,500 AADT.; Strong retail synergy with nearby Publix, Circle K, and other national brands.
    Request Owner's contact information
    1601 Main St Gainesville, FL 32609
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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
    1601 Main St Gainesville, FL 32609
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