37Th Blvd Gainesville, FL 32608
- Land
- 0.47 lot acres
Current Use by Public Records
- Land
Property Details for 0 37Th Blvd
- Lot size
- 0.47 lot acres
- Property type
- Land
Description
This exceptional 0.47-acre commercial land parcel presents a unique ground lease opportunity in Gainesville, Florida. Located on Archer Road, this property boasts unparalleled visibility and accessibility, benefiting from a high average annual daily traffic count of approximately 53,500 vehicles. Its strategic position along the I-75 corridor places it within North Florida's thriving retail market. The site is zoned MU-1, permitting a versatile mix of commercial, residential, and mixed-use developments. Pre-approved for a drive-thru, this location is ideally suited for businesses such as coffee shops, taking advantage of the high traffic volume and proximity to established businesses and residential areas. The property's adjacency to the Fairfield Inn & Suites and the future Twin Peaks Restaurant further enhances its desirability and potential for strong returns. Situated within Gainesville city limits, this parcel offers a compelling investment prospect with significant growth potential. The annual net-net-net (NNN) ground lease is priced at $40,000. This is a rare opportunity to secure a prime commercial location in a rapidly expanding market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Gainesville
- County
- Alachua
- State
- Florida
- Longitude
- -82.379
- Latitude
- 29.6192
