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    Research Dr Alachua, FL 32615

    For Sale
    $829,500

    5.53 Acres, Prime Industrial Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This 5.53-acre commercial and industrial land parcel is located in Alachua, Florida's Progress Park, an established science and technology park. Zoned PUD-Industrial, this property offers significant development potential. Situated conveniently off US Highway 441, the parcel boasts on-site utilities and excellent visibility. Its location near Research Drive provides easy access to major transportation routes and a skilled workforce. Ideal for a variety of uses, including biotechnology, manufacturing, light industrial, or commercial development. The property is part of a larger development with multiple parcels available, ranging in size from less than one acre to over five acres. This prime location within a Foreign Trade Zone offers additional economic advantages. The asking price is $829,500. The property's APN is 03956-010-000. This represents a unique opportunity to invest in a thriving area with strong growth potential. The parcel offers direct access to Research Blvd and NW 126th Terrace, with convenient access to Rachael Blvd, leading to Downtown Alachua and US Hwy 441. This established area benefits from an existing workforce and is strategically positioned for success.

    Property Features for 0 Research Dr

    General Information

    Property type
    Land
    Lot Size
    240,887 SF

    HighLights

    • 5.53‑acre commercial/industrial land parcel in Alachua, FL's Progress Park, zoned PUD‑Industrial.
    • Located in a University of Florida‑founded science & technology park with on‑site utilities.
    • Excellent visibility and access to US Highway 441, Research Drive, and major transportation routes.
    • Situated within a Foreign Trade Zone, offering economic advantages.
    • Multiple parcels available, ranging from under one acre to over five acres, priced at $829,500 (APN: 03956‑010‑000).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Alachua
    County
    Alachua
    State
    Florida
    Longitude
    -82.479973231665
    Latitude
    29.784901564781

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    FAQs

    What type of property is this?
    Land - 5.53 Acres, Prime Industrial Land
    Where is this land located?
    The property is located at Research Dr Alachua, FL.
    What is the asking price?
    The asking price for this property is $829,500.
    What are key features of this property?
    This property features: 5.53-acre commercial/industrial land parcel in Alachua, FL's Progress Park, zoned PUD-Industrial.; Located in a University of Florida-founded science & technology park with on-site utilities.; Excellent visibility and access to US Highway 441, Research Drive, and major transportation routes.
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    Research Dr Alachua, FL 32615
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    Alachua, FL 32615
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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
    Research Dr Alachua, FL 32615
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