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    Alachua Florida 32615 Research Cir Alachua, FL 32615

    For Sale
    $727,500

    4.85-acre commercial/industrial land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This 4.85-acre parcel, identified as Parcel O in Progress Park, Alachua, Florida (APN: 03956-010-031), is offered for sale at $727,500. Located in Alachua's established science and technology park, this commercially and industrially zoned (PUD - Commercial) land boasts convenient access to US Highway 441 via Research Circle. The property features on-site utilities and is situated near RTI Surgical and other major biotech firms. Its prime location makes it ideal for various uses, including biotechnology, manufacturing, light industrial, or commercial development. The property is part of a larger development with multiple parcels ranging in size, offering flexibility for various project scales. Progress Park benefits from an established workforce and its location within a Foreign Trade Zone. This exceptional investment opportunity presents significant potential for growth and expansion in a thriving area. The property's adjacency to Research Drive ensures high visibility and accessibility. This is a rare opportunity to acquire land in a burgeoning area with strong infrastructure and a strategic location.

    Property Features for Alachua Florida 32615 Research Cir

    General Information

    Property type
    Land
    Lot Size
    211,266 SF

    HighLights

    • 4.85‑acre parcel in Progress Park, Alachua, FL (APN: 03956‑010‑031) offered at $727,500.
    • Located in Alachua's established science & technology park, conveniently accessible to US Highway 441.
    • Commercially/industrially zoned (PUD - Commercial) land with on‑site utilities.
    • Situated near major biotech firms, ideal for biotech, manufacturing, light industrial, or commercial development.
    • Part of a larger development with multiple parcel sizes, within a Foreign Trade Zone, and benefits from an established workforce.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Pharmacy Auto Parts Store Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Alachua
    County
    Alachua
    State
    Florida
    Longitude
    -82.472803676391
    Latitude
    29.778376999612

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    FAQs

    What type of property is this?
    Land - 4.85-acre commercial/industrial land
    Where is this land located?
    The property is located at Alachua Florida 32615 Research Cir Alachua, FL.
    What is the asking price?
    The asking price for this property is $727,500.
    What are key features of this property?
    This property features: 4.85-acre parcel in Progress Park, Alachua, FL (APN: 03956-010-031) offered at $727,500.; Located in Alachua's established science & technology park, conveniently accessible to US Highway 441.; Commercially/industrially zoned (PUD - Commercial) land with on-site utilities.
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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
    Alachua Florida 32615 Research Cir Alachua, FL 32615
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