0 23Rd Ter Gainesville, FL 32606

This exceptional 5-acre parcel in Gainesville, Florida, presents a remarkable investment opportunity. Located just off US 441 in a northwest location, this high and dry, flat land is perfectly suited for immediate development. The property boasts RMF7 zoning, offering considerable flexibility for a variety of uses. This zoning allows for both commercial and residential development, with a potential density of up to 14 units per acre. Permitted projects could include multi-family dwellings (duplexes or quadraplexes), churches, elder care facilities, or childcare centers. The site's convenient location offers easy access to major roadways and numerous amenities. Within walking distance is a Walmart, and nearby are Advance Auto Parts, Dunkin' Donuts, and the Northwood Village Shopping Center. This large parcel presents a significant value for investors seeking to maximize their return on investment in a thriving Gainesville market. The asking price is $695,000. The address is NW 23rd Terrace, Gainesville, FL 32606, in Alachua County.