Property profile

8010 39Th Ave Gainesville, FL 32606

OFF-MARKET
Retirement homes
9 ac lot
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Property summary

AI-generated overview

This exceptional 9 +/- acre commercial property in Gainesville, Florida, presents a remarkable redevelopment opportunity. Strategically located on NW 39th Ave, this site boasts impressive daily traffic counts of 38,500 vehicles, ensuring high visibility and accessibility. The property's zoning is R-1 AA Low Density 1-4 Units per acre, offering flexibility for various development projects. Its prime location offers unparalleled convenience, situated within walking distance of Publix, UF Health and medical facilities, Santa Fe College, Campus Credit Union, and numerous shopping and dining options. Furthermore, it's conveniently located on a city bus route and just five miles from the University of Florida, providing easy access to a large and diverse population. The property comprises four parcels (APN numbers 06040-003-0013, 06040-003-004, 06040-003-003, and 06040-003-001), offering the potential for individual parcel purchases should a smaller acreage be desired. The asking price is $4,350,000. The seller is committed to providing buyers with the necessary time for due diligence and securing any required approvals before closing. Potential uses include residential, commercial, retail, office, and medical office developments, making this a truly versatile and highly desirable investment. Minutes from I-75 for easy interstate access.

Property profile

Verified
Property type Retirement homes
Lot 9 ac (392,040 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

8010 39Th Ave Gainesville, FL 32606
Gainesville metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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