Property profile

7904 39Th Ave Gainesville, FL 32606

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This exceptional 2.29-acre commercial and residential property in Gainesville, Florida, presents a compelling redevelopment opportunity. Located at 7904 NW 39th Ave, Alachua County (APN: 06040-003-002, and potentially including parcels 06040-003-003 & 06040-003-004), this strategically positioned land boasts significant highway frontage on NW 39th Ave, experiencing a high daily traffic count of 38,500 vehicles. Its prime location offers unparalleled convenience, situated within walking distance of Publix, UF Health and medical facilities, Santa Fe College, Campus Credit Union, and a variety of shopping and dining options. Furthermore, it's conveniently located on a city bus route and just five miles from the University of Florida. The property's versatility allows for diverse development possibilities, including residential, commercial, retail, office, and medical office uses. The seller is committed to providing buyers with the necessary time for due diligence and obtaining any required approvals before closing. Additional acreage may also be available. The asking price for this exceptional property is $1,200,000. This is a rare chance to acquire a highly desirable parcel in a thriving Gainesville location.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

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

Location

7904 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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