Property profile

0 107Th Ter Gainesville, FL 32641

OFF-MARKET
Land
40 ac lot
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Property summary

AI-generated overview

This exceptional 40-acre ranchette, located in Alachua County, Florida, presents a unique investment opportunity. Situated between Gainesville and Hawthorne with convenient I-75 access, this AG-zoned property offers a blend of seclusion and accessibility. The land includes a modest existing home equipped with a well and septic system, ideal for renovation or replacement. A substantial pole barn provides ample storage for equipment and supplies. Natural features enhance the property's appeal, including a small pond and water frontage on Tillman's Pond. Historically used for hay production, this fertile land demonstrates its agricultural potential. The property's unique driveway crosses the Gainesville-Hawthorne Trail, a popular recreational pathway offering scenic beauty and tranquility. Surrounded by extensive conservation land, this location ensures privacy and a peaceful atmosphere. The property's address is Southeast 107th Terrace, Gainesville, FL 32641, with APN 18241-000-000. The asking price is $450,000, representing a land value of $11,250 per acre. This property is perfect for those seeking a tranquil rural setting with the convenience of nearby urban amenities. The investment potential is significant, whether for agricultural pursuits, a private homesite, or a combination of both.

Property profile

Verified
Property type Land
Lot 40 ac (1,742,400 SF)

Cap rate & NOI

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

Location

107Th Ter Gainesville, FL 32641
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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