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    16461 167 Blvd Alachua, FL 32615

    Sponsored
    For Sale
    $1,200,000

    Prime Alachua development site, near I-75 & Publix.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2.46-acre commercial and industrial land parcel, located at 16461 NW 167th Blvd in Alachua, Florida (zip code 32615), presents a unique development opportunity. The property, identified by APN 03035-001-005, is zoned CI and offers significant potential for various uses. Its strategic location provides convenient access to Interstate 75, enhancing its appeal for businesses seeking high visibility and easy transportation links. The site is situated adjacent to Santa Fe High School and within walking distance of a Publix supermarket, ensuring high foot traffic and a strong local customer base. While a hotel is suggested as a potential highest and best use, the flexible CI zoning allows for a range of development options, including retail and mixed-use projects. This makes it an attractive investment for developers seeking to capitalize on the growing Alachua market. The asking price for this exceptional property is $1,200,000. Serious inquiries are encouraged to explore the full potential of this remarkable development opportunity. The property's coordinates are 29.8056512 latitude and -82.5202002 longitude.

    Property Features for 16461 167 Blvd

    General Information

    Property type
    Land
    Lot Size
    107,158 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Building Supply Spa & Massage HVAC Service Electrical Service Home Appliance Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Alachua
    County
    Alachua
    State
    Florida
    Longitude
    -82.5202002
    Latitude
    29.8056512

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    FAQs

    What type of property is this?
    Land - Prime Alachua development site, near I-75 & Publix.
    Where is this land located?
    The property is located at 16461 167 Blvd Alachua, FL.
    What is the asking price?
    The asking price for this property is $1,200,000.
    Request Owner's contact information
    16461 167 Blvd 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
    16461 167 Blvd Alachua, FL 32615
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