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    Technology Ave Alachua, FL 32615

    For Sale
    $820,500

    5.47-Acre Commercial/Industrial Lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 5.47-acre commercial/industrial land parcel, located in Alachua, Florida's Progress Park, presents a significant investment opportunity. Situated in an established science and technology park adjacent to US Highway 441, this property offers unparalleled access and visibility. The parcel is zoned PUD - Commercial, allowing for a variety of development options, including biotechnology, manufacturing, light industrial, or commercial uses. Utilities are conveniently located on-site, simplifying development plans. The property's strategic location near Research Drive and the University of Florida's Sid Martin Biotech Incubator ensures a strong workforce and high potential for tenant attraction. This prime location within a Foreign Trade Zone provides additional economic advantages. The asking price for this expansive lot is $820,500. The property's APN is 03956-010-035. This is a rare opportunity to acquire a substantial parcel in a thriving, high-growth area. The site's proximity to major transportation routes and established infrastructure makes it an ideal location for businesses seeking a strategic advantage in the Florida market. Don't miss this chance to secure a piece of Alachua's burgeoning commercial landscape.

    Property Features for 0 Technology Ave

    General Information

    Property type
    Land
    Lot Size
    238,273 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Alachua
    County
    Alachua
    State
    Florida
    Longitude
    -82.47540919081
    Latitude
    29.78184235273

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    FAQs

    What type of property is this?
    Land - 5.47-Acre Commercial/Industrial Lot
    Where is this land located?
    The property is located at Technology Ave Alachua, FL.
    What is the asking price?
    The asking price for this property is $820,500.
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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
    Technology Ave Alachua, FL 32615
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