Property profile

0 Hawthorne Rd Rochelle, FL 32641

OFF-MARKET
Mixed-use properties
5 ac lot
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Property summary

AI-generated overview

This exceptional 5.65-acre parcel, located on SE Hawthorne Rd in Gainesville, Florida (Alachua County, zip code 32641), presents a unique mixed-use development opportunity. The property, identified by APN 16127-003-001, is zoned for mixed-use development, allowing for a high density of up to 8 units per acre. Under the County's Cottage Neighborhood Ordinance, this density could potentially double to 16 units per acre if residential units are 1400 square feet or less. The permitted uses are diverse, encompassing residential, religious assembly, educational facilities (schools and daycares), group homes, and various office spaces. This flexibility allows for creative development plans catering to a wide range of needs. The asking price is $250,000, translating to approximately $50,879 per acre. Importantly, this property is situated in a Qualified Census Tract for Florida Housing Finance Corporation Programs. A significant advantage is the potential for expansion

Property profile

Verified
Property type Mixed-use properties
Lot 5 ac (217,800 SF)

Cap rate & NOI

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

Location

Hawthorne Rd Rochelle, FL 32641
Rochelle 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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