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Property profile & analytics
OFF-MARKET
Land

Alachua Florida 32615 Innovation Dr Alachua, FL 32615

5.14 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 5.14-acre commercial and industrial land parcel is situated in Alachua, Florida's thriving Progress Park, a science and technology hub. Located on Innovation Drive, this property boasts convenient frontage road access to US Highway 441, a major thoroughfare connecting Gainesville to Interstate 75. The parcel is zoned PUD - Commercial, offering flexibility for a variety of development projects. Its prime location within the established park, adjacent to the University of Florida's Sid Martin Biotech Incubator, ensures high visibility and accessibility. Utilities are on-site, simplifying development plans. The asking price is $1,156,500. This parcel presents a unique opportunity to capitalize on the area's robust growth and established workforce, particularly within the biotechnology, manufacturing, light industrial, or commercial sectors. The property's strategic placement near Research Drive further enhances its appeal. The location within a Foreign Trade Zone provides additional economic advantages. This is a rare chance to acquire a significant piece of land in a rapidly expanding area with excellent infrastructure and a strong local economy. The property's APN is 03956-010-036. This is an ideal investment for developers seeking a high-impact location in a dynamic market.

Property profile
Verified
Property type Land
Lot 5.14 ac (223,898 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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