23Rd Ter Gainesville, FL 32606
- Land
- 5.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 23Rd Ter
- Lot size
- 5.00 lot acres
- Property type
- Land
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Gainesville
- County
- Alachua
- State
- Florida
- Longitude
- -82.361
- Latitude
- 29.7123
