909 39Th Ave Gainesville, FL 32609
This exceptional 62.41-acre parcel presents a unique investment opportunity in Gainesville, Florida. Located at 909 NE 39th Ave, this property boasts a highly desirable location with excellent exposure just off Main Street, providing fantastic visibility for any commercial development. The property features frontage on both NE 39th Ave and NE 31st Ave, placing it conveniently east of NE Main Street and west of Marjorie K. Rawlings Elementary School. The permitted zoning is PD (Planned Development), offering significant flexibility for a variety of uses. A proposed land use plan suggests the potential for approximately 20 acres of commercial development, 19 acres of urban mixed-use development, and 23 acres of low-density residential development. The land is priced at $50,000 per acre, totaling $3,120,500. The Alachua County APN is 08231-000-000. This substantial acreage, combined with its strategic location and flexible zoning, makes it an ideal site for a diverse range of projects, from large-scale commercial ventures to residential communities. The high visibility and proximity to established infrastructure and residential areas make this a truly exceptional opportunity for investors seeking significant returns. The property's size and zoning allow for creative development plans to maximize its potential. Don't miss this chance to acquire a prime piece of Gainesville real estate.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.