Property profile

329 County Rd Alachua, FL 32615

OFF-MARKET
Land
420 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 420 ac (18,295,200 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

329 County Rd Alachua, FL 32615
Alachua metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 329 County Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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