329 County Rd Alachua, FL 32615
This exceptional 420-acre property presents a unique investment opportunity in Alachua County, Florida. Zoned for agricultural use, this expansive land is ideally situated just two miles north of Alachua and ten miles from Gainesville, offering the best of both worlds: rural tranquility with convenient access to city amenities and the University of Florida. Currently generating $22,000 in annual lease income from row crop production, the land's potential extends far beyond its current use. The property is easily subdividable into 5, 10, or 20-acre ranchettes, making it perfect for the development of small ranches. Wildlife, including deer and turkey, are frequently sighted, adding to the property's appeal. Its location also provides easy access to the Santa Fe River and numerous natural Florida springs. The property includes six separate APNs: 05615-002-000, 05609-001-000, 05615-000-000, 05626-000-000, 05720-000-000, and 05726-000-000. The asking price is $5,275,000, translating to $12,560 per acre. This represents a compelling investment opportunity with significant potential for future growth and development. The address is NW County Road 329, Gainesville, FL 32615.
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.