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Property profile

6240 23Rd St Gainesville, FL 32653

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 0.91-acre commercial land parcel in Gainesville, Florida, presents a prime development opportunity. Located in Alachua County, with the address 6240 NW 23rd St, zip code 32653, and APN 06014-032-006, this property boasts a highly desirable MU-2 zoning, allowing for a variety of uses including freestanding retail, retail plazas, and drive-through restaurants. The flat, dry land offers nearly 300 linear feet of frontage on NW 23rd Street, providing exceptional visibility and accessibility. Its strategic location just off Highway 441 ensures high traffic exposure, with an average annual daily traffic count exceeding 23,000 vehicles. The surrounding area is anchored by a strong concentration of national retailers such as Walmart, Popeyes, Advanced Auto Parts, Mavis Discount Tire, Dunkin', and Dollar Tree, creating a vibrant and established commercial environment. This property is ready for immediate development, making it an ideal investment for those seeking high-return potential in a thriving retail market. The latitude and longitude coordinates are 29.712069, -82.3567578 respectively.

Property profile

Verified
Property type Land

Cap rate & NOI

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

Location

6240 23Rd St Gainesville, FL 32653
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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