0 37Th Blvd Gainesville, FL 32608
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.