Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    12300 Research Dr Alachua, FL 32615

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    12300 Research Dr Alachua, FL 32615

    View on Map
    • Land
    • 2.13 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 12300 Research Dr

    Lot size
    2.13 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 2.13-acre commercial and industrial land parcel is ideally situated in Alachua, Florida's Progress Corporate Park, offering unparalleled visibility from US Highway 441. Zoned PUD (Planned Unit Development), this prime location allows for a diverse range of development opportunities, including office buildings, research facilities, laboratories, and biotech ventures. The property's strategic position provides easy access to Interstate 75, placing businesses within a short commute of Gainesville and its thriving economy. Progress Corporate Park boasts a prestigious roster of established companies in the professional and biomedical sectors, including Resilience, RTI Surgical, University of Florida Sid Martin Biotech, CHW, FAME, Firebird, Particle Solutions, NextGen, Flucell, and Axogen, creating a strong and supportive business environment. This property presents a unique chance to establish a headquarters within the heart of the Alachua Tech Corridor, ensuring future growth and success. Existing due diligence materials, including civil, geotechnical, and architectural plans for multiple buildings totaling 18,000 square feet, are available upon request. The asking price for this exceptional opportunity is $399,000. The property's APN is 03956-010-009, located at 12300 Research Dr, Alachua, FL 32615.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Alachua
    County
    Alachua
    State
    Florida
    Longitude
    -82.4744
    Latitude
    29.7834

    Comparable in this City

    • Value Estimation by Request
      0.95 Acres

      Alachua Florida 32615 Technology Ave

      Land • 0.95 Acres
      Alachua Florida 32615 Technology Ave, Alachua, FL 32615
      View Details
    • Value Estimation by Request
      1.00 Acre

      Progress Blvd

      Land • 1.00 Acre
      0 Progress Blvd, Alachua, FL 32615
      View Details
    • Value Estimation by Request
      2.46 Acres

      16461 167 Blvd

      Land • 2.46 Acres
      16461 167 Blvd, Alachua, FL 32615
      View Details
    • Value Estimation by Request
      5.47 Acres

      Technology Ave

      Land • 5.47 Acres
      0 Technology Ave, Alachua, FL 32615
      View Details
    • Value Estimation by Request
      2.89 Acres

      Research Dr

      Land • 2.89 Acres
      0 Research Dr, Alachua, FL 32615
      View Details
    • Value Estimation by Request
      5.14 Acres

      Alachua Florida 32615 Innovation Dr

      Land • 5.14 Acres
      Alachua Florida 32615 Innovation Dr, Alachua, FL 32615
      View Details

    Similar Nearby for Sale

    • $77,999

      Vacant Land in Alachua, FL

      Vacant lot located in Alachua, Florida.
      13534 NW 159Th Pl, Alachua, FL 32615
      View Details
    • $112,500
      Pending

      10.7 Acres in North Alachua

      10.7 acres in LaCrosse, with well and septic.
      4814 NW 244Th Ave, Alachua, FL 32615
      View Details
    • $1,679,000
      Pending

      Land for Sale in Alachua

      Land available on County Road 235A, Alachua, Florida.
      21400 NW County Road 235A, Alachua, FL 32615
      View Details
    • $405,000
      20.00 Acres

      20 Acres in Alachua, FL

      20 acres of land with pond near Alachua and Gainesville.
      19611 NW 75Th St, Alachua, FL 32615
      View Details

    Similar Nearby for Lease

    • $22 SF/Yr

      Innovative Mixed-Use Tech City Development

      Mixed-use campus serving various sectors, including start-ups and manufacturing.
      13000 Tech City Cir, Alachua, FL 32615
      View Details
    • Contact for pricing

      Alachua Laboratory Suite For Lease

      14,033 SF laboratory suite in Progress District, Alachua, FL.
      13631 Progress Blvd, Alachua, FL 32615
      View Details
    • Contact for pricing
      7,761 SF

      Versatile Commercial Property For Lease

      Commercial property with office and lab space in Alachua, Florida.
      13680 NW 104Th Ter, Alachua, FL 32615
      View Details
    • Contact for pricing
      16,000 SF

      Industrial Space in Alachua Commerce

      16,000 SF industrial space available February 1.
      11600 NW 173Rd St, Alachua, FL 32615
      View Details
    • $18 SF/Yr

      Modern Flex Space in Alachua

      7,761± SF flex space in Gainesville-Alachua life science corridor.
      13680 NW 104Th Ter, Alachua, FL 32615
      View Details
    • Contact for pricing

      Alachua Commercial Property For Rent

      8,000 SF Office/Flex space with retail or warehouse potential.
      15560 NW Us Highway 441, Alachua, FL 32615
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    12300 Research Dr
    Alachua, FL 32615
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!