Gainesville High-Density Development
For Sale
Contact for pricing
4510 SW 24th Ave, Gainesville, FL 32607
8.97 acres of high-density land suitable for mixed-use development.
Property Size390,733 SF
Lot Size10.81 Acres
Price / SF$9.60
Days on Market2454
Property Features for 4510 SW 24th Ave
General Information
Standard status
Active
Size
390,733 SF
Class
A
Lot size
10.81 Acres
Property subtype
Mixed Use, Multifamily, Office, Retail
Zoning
U9
Investment Type
Redevelopment
Building Details
Year Built
2023
Stories
8
Units
800
Tenancy
Multi
Listing Agency:
J&S Commercial Real Estate Services Inc
(352) 363-0132
Listed By:
Joshua Williams · License #FL 3100207
Source:
Crexi
Added: Dec 10, 2019
Changed: Aug 23
Last Checked: Aug 29 at 9:26AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of J&S Commercial Real Estate Services Inc
Investment Insights
Based on property information with market context.
Available for sale is 8.97 usable acres of high-density land, centrally located near Alachua County's retail area. The overall parcel encompasses 10.81 acres, which can be used as the basis for density calculations. The existing zoning permits mixed-use developments, retail spaces, multifamily housing, office buildings, and more. Multifamily density allows for 100 units per acre by right and up to 125 units with a special use permit. The property was rezoned in November 2021 from RMF7 to U9, which accommodates various commercial uses, including multifamily housing, mixed-use developments, retail, office spaces, hotels/motels, and light industrial facilities. Construction on Clark Butler Boulevard is scheduled to begin in the fourth quarter of 2022, with completion expected by the fourth quarter of 2024. The owner intends to wait to enter into a contract until the Florida Department of Transportation (FDOT) has made its first offer for the 1.83 acres designated for stormwater management. The "First offer" is currently scheduled to be delivered in January/February 2020.
Key Highlights
- 8.97 usable acres of high‑density land in a central location.
- Zoned U9, allowing for diverse commercial uses: Multifamily, Mixed Use, Retail, Office, Hotel/Motel, Light Industrial, and more.
- High multifamily density allowance: 100 units per acre by right.**
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
438
Businesses Nearby
Explore this area
Business Placement
Demographics for 32607, FL
35,420
Population
16,465
Households
2.2
Avg Household Size
28
Median Age
53%
College-Educated
95%
High-School Grad
12.6 sq mi
ZIP Area
2,811
Density / Sq Mi
$46,517
Median Household Income
$30,690
Median Earnings
$1,222
Median Rent
$297,800
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 8.97 acres of high-density land suitable for mixed-use development.
Where is this commercial land located?
The property is located at 4510 SW 24th Ave Gainesville, FL.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: 8.97 usable acres of high‑density land in a central location.; Zoned U9, allowing for diverse commercial uses: Multifamily, Mixed Use, Retail, Office, Hotel/Motel, Light Industrial, and more.; High multifamily density allowance: 100 units per acre by right.**
