00 7Th Ave Gainesville, FL 32601
This exceptional 0.00 NW 7th Ave, Gainesville, FL 32601 property offers a unique investment opportunity in the heart of Downtown Gainesville. Priced at $200,000, this fee simple vacant land is zoned RC, presenting significant potential for various commercial developments. Its strategic location provides easy access to the University of Florida, Shands Hospital, and the city's vibrant cultural scene, including dining and shopping. The property's zoning allows for a range of residential possibilities, from townhomes to apartment complexes, catering to the growing demand for urban living. A survey is readily available, and the land is vacant and easily shown. This is a rare chance to acquire a highly desirable downtown lot, perfect for developers seeking to capitalize on Gainesville's thriving market. The property's potential for multi-family housing development is particularly noteworthy, with preliminary plans already considered by the owners. This presents a strong foundation for a successful project. Serious inquiries are encouraged.
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.